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.
For sale
Listing Provided by:
Alex De Alba DRE #01967990 805-602-6826,
The Real Estate Company of Cambria
$699,000
9198 San Diego Way, Atascadero, CA 93422
3beds
1,672sqft
Est.:
Single Family Residence
Built in 1985
0.47 Acres Lot
$695,300 Zestimate®
$418/sqft
$-- HOA
What's special
- 30 days
- on Zillow |
- 2,017 |
- 96 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 11:42pm
Listing Provided by:
Alex De Alba DRE #01967990 805-602-6826,
The Real Estate Company of Cambria
Source: CRMLS,MLS#: SC25070805
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: All Bedrooms Down, Entry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Cooling
- Central Air
Appliances
- Laundry: In Garage
Features
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,672 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.47 Acres
- Features: 16-20 Units/Acre
Details
- Parcel number: 045352008
- Zoning: RMF-16
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Hiking
- Subdivision: ATSoutheast(40)
HOA
- Has HOA: No
Location
- Region: Atascadero
Financial & listing details
- Price per square foot: $418/sqft
- Tax assessed value: $598,230
- Annual tax amount: $6,647
- Date on market: 4/1/2025
- Listing terms: Down Payment Resource
- Loading
- Loading