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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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4900 San Palo Road Atascadero, CA 93422
$3,450,000 0 beds, 0 baths
0 sqft
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Photo of Jesse Hlubik

Jesse Hlubik REALTORĀ® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Text Me
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Agent Remarks

Offering Mission Cottages - A 100% occupied 12-unit multifamily complex with opportunity for stabilized rent growth. Average Rents for one-bedroom units are $1,866.36/month. Desirable mix of 11 one-bedroom one-bath units and 1 two-bedroom one-bath single-family residence home. Current cap rate above 5% and with some value add, investors can stabilize above a 6% cap rate. All units are fully renovated and rented on a month-to-month basis. The property has been rezoned for mixed use and can be operated as a long-term rental, short-term vacation rentals, and can even have a commercial component. The booming Atascadero submarket has convenient access to wine country, employment offerings, and a 20-minute commute to San Luis Obispo and 10 minutes to Paso Robles. Investors can capitalize on strong projected organic rent growth created by increased housing demand in the North SLO County.

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# PI25074010
List price is $3,450,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 2000
1 story
3.30 acres
Lot size: 3.3000
Subdivision: ATNorthwest(20)
County: San Luis Obispo
Property style: Spanish
Zoning: CR
Construction: Stucco
Interior features: All Bedrooms Down,Bedroom on Main Level,Main Level Primary
Appliances: Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater
Parking description: Assigned,Concrete,Driveway,Paved,Private,Uncovered
Lot description: TwoToFiveUnitsAcre,Street Level
Heating/cooling: Electric
Heating description: Forced Air
MLS area: ATSC - Atascadero

Last Updated: 4/12/2025

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This listing belongs to the ATSC - Atascadero MLS area

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The style of this listing is Spanish.
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Lat/Long: 35.494871, -120.682223.
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Listing Agent: Abel Contreras
Lic#: 01801928
Office Name: Sherman Oaks

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Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Photo of Jesse Hlubik

Jesse Hlubik REALTORĀ® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com

Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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