BEAUTIFUL RENOVATION POSSIBILITIES! Atascadero Colony home with three additional single story units on over a third of an acre. The main house is over 1200 square feet with two bedrooms and one bath. The units were built in 1986 and are 960 square feet each with two bedrooms and one and three-quarter baths each. This property has so much to offer, is a wonderful investment opportunity, plus it's located close to beautiful downtown Atascadero. Call your favorite Realtor and make plans to see it today.
Sold for $875,000
Listed by: ACADEME REAL ESTATE • Linda Hamilton • Contact: 805-461-9111
Bought with: Retreat Vacation Rentals
$875,000
5340 Palma Ave, Atascadero, CA 93422
8beds
4,084sqft
Quadruplex
Built in 1915
-- sqft lot
$880,800 Zestimate®
$214/sqft
$4,102 Estimated rent
Home value
$880,800
$810,000 - $960,000
$4,102/mo
Zestimate® history
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$5,596/mo
Est. payment
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$5,596/mo
Est. payment
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One bathTwo bedrooms
Zillow last checked:
Listing updated:
Listed by:
Linda Hamilton DRE #01112747 805-610-7306,
ACADEME REAL ESTATE
Bought with:
Leslie Yarlott, DRE #02283917
Retreat Vacation Rentals
Source: CRMLS,MLS#: NS26017156
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
- Main level bathrooms: 7
- Main level bedrooms: 8
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- See Remarks
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 4,084 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Stairs to front porch
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.39 Acres
- Features: Front Yard
Details
- Parcel number: 029312005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Features: Suburban
- Subdivision: Atsoutheast(40)
Location
- Region: Atascadero
Financial & listing details
- Price per square foot: $214/sqft
- Date on market: 1/26/2026
- Cumulative days on market: 74 days
- Listing terms: Cash,Cash to New Loan
- Exclusions: Freezer in main house and shed in front yard.
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $875,000-12.4%$214/sqft |
Source:  CRMLS #NS26017156 Report a problem | ||
| 4/24/2026 | Pending sale | $999,000$245/sqft |
Source: CRMLS #NS26017156 Report a problem | ||
| 4/11/2026 | Contingent | $999,000$245/sqft |
Source: CRMLS #NS26017156 Report a problem | ||
| 3/10/2026 | Price change | $999,000-9.2%$245/sqft |
Source: CRMLS #NS26017156 Report a problem | ||
| 2/23/2026 | Listed for sale | $1,100,000$269/sqft |
Source: CRMLS #NS26017156 Report a problem | ||
| 2/11/2026 | Contingent | $1,100,000$269/sqft |
Source: CRMLS #NS26017156 Report a problem | ||
| 1/26/2026 | Listed for sale | $1,100,000$269/sqft |
Source: CRMLS #NS26017156 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 93422
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Nearby schools
GreatSchools rating
- 6/10San Benito Elementary SchoolGrades: K-5Distance: 1.7 mi
- 7/10Atascadero Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Atascadero High SchoolGrades: 9-12Distance: 0.6 mi
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$880,800
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+$17,616
With Zillow Showcase(estimated)
$898,416
- California
- San Luis Obispo County
- Atascadero
- 93422
- 5340 Palma Ave
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