5190 & 5200 Palma AVE Atascadero, CA 93422
Open House
Wed Jan 14, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Atnortheast(10)
MLS Listing ID PI25278806
HOA Y/N No
Year Built 1958
Lot Size 0.380 Acres
Property Sub-Type Duplex
Property Description
The property currently features a duplex and includes approval for two additional units, allowing for immediate expansion, with active building permits for two additional residences, along with flexible design standards allowing for expanded bedroom and bathroom configurations.
Location remains the property's defining strength, offering immediate walkability to Atascadero's revitalized downtown—now featuring a new pedestrian mall, mixed-use development, local dining, breweries, boutique shopping, and year-round community events—while also providing convenient access to Highway 101. Strategically positioned between the Paso Robles wine region to the north and the academic and cultural center of San Luis Obispo to the south, “The Palms” occupies a central position within a region experiencing sustained economic growth, making it an ideal opportunity for investors seeking both current income and long-term development potential.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning RMF-10
Interior
Interior Features Ceiling Fan(s), All Bedrooms Down, Attic, Bedroom on Main Level, Main Level Primary
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven, Gas Water Heater, Range Hood, Water Heater
Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Exterior
Parking Features Concrete, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, On Site
Garage Spaces 2.0
Garage Description 2.0
Fence Wood, Wire
Pool None
Community Features Curbs, Suburban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Asphalt,Shingle
Accessibility Parking
Total Parking Spaces 2
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 029302038
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
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