5190 Palma Avenue, Atascadero, CA 93422

Atascadero
Local realty services provided by:ERA Carlile Realty Group
5190 Palma Avenue,Atascadero, CA 93422
$999,999
  • 4 Beds
  • 2 Baths
  • 2,000 sq. ft.
  • Single family
  • Active
Listed by: chelsea king, abel contreras
Office: invest slo
MLS#:PI25278792
Source:CRMLS

Price summary

  • Price:$999,999
  • Price per sq. ft.:$500

About this home

Located at 5190 & 5200 Palma Avenue, “The Palms” presents a rare and highly refined high-density multifamily development—with the opportunity to collect fair market value rents for two units while building two additional units. On a 0.38-acre parcel in the heart of Atascadero’s Downtown District, the property features two attached residential units with two attached garages. It is ideally situated just steps from the historic Sunken Gardens and the Atascadero Administration Building, placing it at the center of the city’s pedestrian-friendly civic core. Zoned RMF-10, with two units and the opportunity to have a total of 4 units, the site offers meaningful future density upside on an efficiently sized, centrally located parcel—an increasingly scarce combination in downtown Atascadero. The property currently features a duplex and includes approval for two additional units, allowing for immediate expansion, with active building permits for two additional residences, along with...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1958
  • Listing ID #:PI25278792
  • Added:59 day(s) ago
  • Updated:March 13, 2026 at 10:46 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile, Vinyl
  • Kitchen Description:Gas Cooktop, Gas Oven, Range Hood
  • Living area:2,000 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Natural Gas, Wall Furnance

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1958
  • Building area:2,000 sq. ft.
  • Lot area:0.38 Acres
  • Lot Features:Rectangular Lot, Street Level
  • Architectural Style:Traditional
  • Construction Materials:Concrete, Stucco
  • Exterior Features:FrontPorch
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$999,999
  • Price per sq. ft.:$500

Features and amenities

  • Amenities:All Bedrooms Down, Attic, Ceiling Fans, Gas Water Heater, Open Floor Plan, Water Heater

Parking

  • Total parking spaces:2
  • Parking description:Concrete, Door-Single, Driveway, Garage, Garage Faces Front, On Site
  • Garage:Yes
  • Garage spaces:2
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). ERA Carlile Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Carlile Realty Group, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 5190 Palma Avenue