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:
$697,000
MLS #:
SC25162452
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ATSoutheast40
Neighborhood:
atscatascadero
Listed Date:
Jul 18, 2025
Finished Sq Ft:
1,672
Lot Size:
20,473 sqft / 0.47 acres (approx)
Year Built:
1985
See this Listing
Schools
School District:
Atascadero Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Laundry Features
In Garage
Exterior
Community Features
Hiking
Parking Spots
2.00
Financial
Map
Community
- Address9198 San Diego Way Atascadero CA
- NeighborhoodATSC – Atascadero
- SubdivisionATSoutheast(40)
- CityAtascadero
- CountySan Luis Obispo
- Zip Code93422
Market Summary
Current real estate data for Single Family in Atascadero as of Sep 01, 2025
84
Single Family Listed
106
Avg DOM
486
Avg $ / SqFt
$983,535
Avg List Price
Property Summary
- Located in the ATSoutheast(40) subdivision, 9198 San Diego Way Atascadero CA is a Single Family for sale in Atascadero, CA, 93422. It is listed for $697,000 and features 3 beds, 2 baths, and has approximately 1,672 square feet of living space, and was originally constructed in 1985. The current price per square foot is $417. The average price per square foot for Single Family listings in Atascadero is $486. The average listing price for Single Family in Atascadero is $983,535. To schedule a showing of MLS#sc25162452 at 9198 San Diego Way in Atascadero, CA, contact your Outland and Associates Real Estate agent at 8054813939.
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