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5401 Capistrano Ave, Atascadero, CA 93422

List Price: $1,075,000On Market FlagOn market
Aug 6, 20252,724 sqft5 beds5 baths
Listed by: Levi Seligman
License #: 01936432
Phone #: 805-544-5626
Acquire Mortgage & Real Estate
Source:
CRMLS Logo
MLS #: SC25100493

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$387/sqft$1,052,900

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

SUBJECT
5401 Capistrano Ave, Atascadero, CA 93422

5401 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

COMPARABLE
Choose comps
5700 Ardilla Ave, Atascadero, CA 93422

5700 Ardilla Ave, Atascadero, CA 93422

Sale: $1,195,000

8/28/20240.78 mi

Area:2,496 sqft
Price/sqft:$479
Beds:6
Baths:6
Year Built:
Weight:52.3%
4200 Tranquilla Ave, Atascadero, CA 93422

4200 Tranquilla Ave, Atascadero, CA 93422

Sale: $882,000

3/27/20251.08 mi

Area:2,155 sqft
Price/sqft:$409
Beds:4
Baths:4
Year Built:
Weight:47.7%

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