Property Description
Welcome to 5401 Capistrano Ave, a unique property in the heart of Atascadero, CA. This 4-unit residence offers an exceptional investment opportunity or an ideal living situation for those looking to establish their home in a vibrant community.
Sprawling across 2,724 square feet on an expansive 18,000 sq ft lot stands this impressive building. The main structure houses a triplex with the first floor featuring a spacious 2-bedroom unit complete with its own basement offering ample storage or potential additional living space. And 2 (1) bedroom units upstairs.
One of the standout features of this property is the detached 1-bedroom cottage that comes with its own large private yard tucked safely behind the main building and off the street. The property also boasts of a detached 4-car garage providing plenty of room for vehicles and additional storage.
Both the cottage and the garage have new roofs. On-site coin-operated laundry facilities further enhance the convenience and cash flow offered by this property.
The location is another big plus! Situated within walking distance to downtown Atascadero and Galaxy Theater, residents will enjoy easy access to a variety of dining, shopping, and entertainment options.
Atascadero itself is known for its rich history and natural beauty. From recreational parks to hiking trails, there's always something to do outdoors. It’s also home to top-rated schools and healthcare facilities adding to the overall quality of life here.
This property presents an excellent opportunity for investors looking to establish new rents or owner-occupiers seeking low downpayment options. With its unique features and prime location, 5401 Capistrano Ave truly stands as an attractive prospect in today's market.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$15,462
TurboHome Estimated Value
$1,052,900
$387 sqft
High Valuation
$1,105,545
$406/sqft
Normal Valuation
$1,052,900
$387/sqft
Low Valuation
$1,000,255
$367/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $387/sqft | $1,052,900 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$882K
$1.07M
$1.20M
4200 Tranquilla Ave, Atascadero, CA 93422
Sale Price: $882,000
Selected Comparable
5401 Capistrano Ave, Atascadero, CA 93422
List Price: $1,075,000
Subject Property
5700 Ardilla Ave, Atascadero, CA 93422
Sale Price: $1,195,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT5401 Capistrano Ave, Atascadero, CA 93422
List: $1,075,000
Listed: 8/6/2025
Area:2,724 sqft
Price/sqft:$395
Beds:5
Baths:5
Year Built:—
Lot Size:18,000
Comparable Properties
COMPARABLEChoose comps
5700 Ardilla Ave, Atascadero, CA 93422
Sale: $1,195,000
8/28/2024 • 0.78 mi
Area:2,496 sqft
Price/sqft:$479
Beds:6
Baths:6
Year Built:—
Weight:52.3%
4200 Tranquilla Ave, Atascadero, CA 93422
Sale: $882,000
3/27/2025 • 1.08 mi
Area:2,155 sqft
Price/sqft:$409
Beds:4
Baths:4
Year Built:—
Weight:47.7%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
5401 Capistrano Ave, Atascadero, CA 93422 | $1,075,000 | 2,724 | $395 | 18,000 | — | 8/6/2025 | 5 | 5 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
5700 Ardilla Ave, Atascadero, CA 93422 | $1,195,000 | 2,496 | $479 | 40,700 | 0.78 mi | 8/28/2024 | 6 | 6 | — | 52.3% | |
4200 Tranquilla Ave, Atascadero, CA 93422 | $882,000 | 2,155 | $409 | 14,810 | 1.08 mi | 3/27/2025 | 4 | 4 | — | 47.7% |
Nearby Listings
3 similar properties within 5 miles

List Price: $1,075,000
8825 Old Santa Rosa Rd, Atascadero, CA 93422
6 bd 4 ba 3,184 sqft
TurboHome Est. Value:
$1,046,900

List Price: $1,025,000
9019 San Gabriel Rd, Atascadero, CA 93422
5 bd 4 ba 2,325 sqft
TurboHome Est. Value:
$1,045,000

List Price: $1,150,000
12355 Santa Ana Rd, Atascadero, CA 93422
4 bd 4 ba 2,430 sqft
TurboHome Est. Value:
$1,302,500
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