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Sold on 01/29/2021
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5260 Palma Ave, Atascadero, CA 93422

$824,000

Last sold 01/29/2021 for $600K

  • —

    bed

  • —

    bath

  • 1,864

    Sqft ($322/Sqft)

Multi-family not for sale
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About 5260 Palma Ave

Property type Multi-family
Year built 1963
HOA fee $0/month
Lot size 0.27 Acre
Movoto estimate
Rental estimate
Property description
Great two unit investment opportunity close to downtown. Both homes are clean, well maintained and have a great rental history. The front home is approximately 1160 square feet and consists of 3 bedrooms and 2 baths with newer carpet and paint. The separate back home is just over 700 square feet and has 2 bedrooms plus one bath. Each home has its own laundry room and outside patio areas. Additionally, there are 3 sheds in the back of the property and a storage room attached to the back house.
Listed by
Listing Agent - Rebecca Repetto
Listing Office - Stornetta Home and Land
Source: CRMLS mls logo
MLS#NS21003625 • last updated 5 years ago
Movoto checked CRMLS for data Just now
Overview
Levels/Style One
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.2664
Lot Size (SqFt) 11603
Year Built 1963
Interior
Appliances Dishwasher, Disposal, Refrigerator
Exterior
Building Area Square Feet, 1864
Parking Carport, Driveway
Other Structures Shed(s), Storage
Lot Description Sloped Down, Lot 10000-19999 Sqft, Yard
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View Neighborhood
County San Luis Obispo
Community Features Biking, Hiking, Park
Subdivision ATNortheast(10), ATNortheast(10)
Zoning MF10
Directions From El Camino Real, Turn Onto San Jacinto, Right On Palma.
APN 29312021
Multifamily Details
$824K
Range: $749K-$898K
Last 30 days 
Rental est.: $2,310/month
Gross rent multiplier: 21.6
  • Jan 2021
    Public Records
  • Jan 29, 2021 Sold
    $600,000
  • Jan 2021
    mls logo MLS # NS21003625
  • Jan 29, 2021 Sold
    $600,000 (+2.6%)
  • Jan 10, 2021 Pending
    —
  • Jan 7, 2021 Listed
    $585,000 (+7.5%)
  • Jan 2021
    mls logo MLS # NS21004164
  • Jan 7, 2021 Listed
    $585,000
  • May 2019
    mls logo MLS # SC19066164
  • May 9, 2019 Sold
    $544,250
  • May 8, 2019 Sold
    $544,250 (-0.8%)
  • Apr 3, 2019 Pending
    —
  • Mar 17, 2019 Listed
    $548,500
  • Mar 17, 2019 Listed
    $548,500
  • May 2019
    Public Records
  • May 8, 2019 Sold
    $544,500
  • Apr 2019
    mls logo MLS # SC19067861
  • Apr 3, 2019 Pending
    —
  • Apr 3, 2019 Pending
    —
  • Apr 3, 2019 Pending
    —
  • Mar 17, 2019 Listed
    $548,500
  • Mar 17, 2019 Listed
    $548,500
  • Mar 17, 2019 Listed
    $548,500
  • Year Property taxes Tax assessment
  • 2024
    $8,233
    $636,724
  • 2023
    $8,230 +3.4%
    $636,724 +2.0%
  • 2022
    $7,958 +10.2%
    $624,240 +2.0%
  • 2021
    $7,219 +2.8%
    $612,000 +10.24%
  • 2020
    $7,023 +336.4%
    $555,135
  • 2019
    $1,609 +14.4%
    $555,135 +520.94%
  • 2017
    $1,407 +1.4%
    $89,402 +4.04%
  • 2016
    $1,387 +1.1%
    $85,932
  • 2015
    $1,372
    —
  • 5260 Palma Ave
    $600K
  • —
  • 93422
    $699K -10% y/y
  • Atascadero
    $699K -11% y/y
No chart available
Statistics calculated by Movoto

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4/10
Atascadero Middle School
public Grades 6-8
Atascadero Unified School District
7/10
Atascadero High School
public Grades 9-12
Atascadero Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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