Prime Multi-Family lot with rented 3-bedroom home – A Great Investment Opportunity! Welcome to this spacious .47-acre multi-family lot, featuring a well-maintained 3-bedroom, 2-bathroom home that is currently rented long-term for $3,500/month. This charming home boasts an open kitchen and dining area, perfect for both comfortable living and entertaining. Located in a desirable area, this property is zoned for multi-family development, with the potential to add 7-8 units, this lot offers a fantastic opportunity for investors or developers looking for a property with future growth potential. The existing tenants are happy in their home and would love to continue renting, providing you with immediate rental income while you explore the potential for expansion. Whether you''re looking for a property with steady cash flow or a site with the ability to be maximized for future development, this is the perfect opportunity to make your mark in the real estate market. Don’t miss out on this rare find property with a lot of potential in the future.
Property Details
Price:
$699,000
MLS #:
SC25070805
Status:
Active
Beds:
3
Baths:
2
Address:
9198 San Diego Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ATSoutheast40
Neighborhood:
atscatascadero
City:
Atascadero
Listed Date:
Apr 1, 2025
State:
CA
Finished Sq Ft:
1,672
ZIP:
93422
Lot Size:
20,473 sqft / 0.47 acres (approx)
Year Built:
1985
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Schools
School District:
Atascadero Unified
Interior
Cooling
Central Air
Fireplace Features
Living Room
Exterior
Community Features
Hiking
Garage Spaces
2.00
Lot Features
16-20 Units/ Acre
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address9198 San Diego Way Atascadero CA
- AreaATSC – Atascadero
- SubdivisionATSoutheast(40)
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
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Courtesy of The Real Estate Company of Cambria. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The California Company include the name of the listing broker. Neither the listing company nor The California Company shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 9198 San Diego Way
Atascadero, CA
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