Movoto Real Estate
Sold on 08/31/2023
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5405 Olmeda, Atascadero, CA 93422

$567,000

Last sold 08/31/2023 for $570K

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    bed

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    bath

Multi-family not for sale

About 5405 Olmeda

Property type Multi-family
Year built 1918
HOA fee $0/month
Lot size 0.46 Acre
Movoto estimate
Rental estimate
Property description
Welcome to this stunning four-unit property for sale in the charming city of Atascadero! Situated in a desirable location, this compound presents a wonderful opportunity for investors and owner-occupiers alike. Each unit has its own address and APN. 5405 Olmeda is a gorgeous and historic 1918 build. 3 bedrooms, and 3 bath full of light and character! Hiding underneath the existing carpet, you will find the original narrow plank wood flooring; waiting for you to bring some of that history back to life! 5401 #A Olmeda, and 5401 #B Olmeda are both welcoming 2 bedrooms, 2 1/4 bath condos. 5403 Olmeda is a 2 bedroom, 2 bathroom home with large 2 car garage, private side yard space and deck. There is ample off-street parking available for tenants, providing added convenience and peace of mind. Shaded by remarkable big Oak trees, this 20,219 +/- square foot lot is ideally located close to downtown and all that that Atascadero has to offer. Don't miss out on this incredible opportunity to own a piece of the Central Coast! Listing ID#’s PI23027447,PI23027327, PI23027467 are to all be included in this sale.
Listed by
Listing Agent - Jay Bond
Listing Agent Contact: 805-668-2175
Listing Office - eXp Realty of California, Inc.
Source: CRMLS mls logo
MLS#PI23027085 • last updated 3 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.4642
Lot Size (SqFt) 20219
Year Built 1918
Interior
Exterior
Building Area Square Feet, 5844
Parking Circular Driveway, Driveway, Street
Lot Description 2-5 Units/Acre, Yard
Amenities / Utilities
Sewer/ Septic Private Sewer
Water Source Public
Pool None
Location
County San Luis Obispo
Community Features Curbs, Street Lights, Suburban
Subdivision ATNortheast(10), ATNortheast(10)
Directions Traffic Way To Olmeda
APN 29292041
Multifamily Details
Expense: Trash 4560
Operating Expense 7797
Expense: Insurance 350
Total Expenses 7797
Expense: Water/ Sewer 2887
Gross Income 43800
Gross Scheduled Income 43800
$567K
Range: $481K-$652K
Last 30 days 
Rental est.: $2,310/month
Gross rent multiplier: 20.6
  • Aug 2023
    mls logo MLS # PI23027085
  • Aug 31, 2023 Sold
    $570,000 (-39.7%)
  • Feb 24, 2023 Pending
    —
  • Feb 9, 2023 Listed
    $1,400,000
  • Aug 2023
    Public Records
  • Aug 31, 2023 Sold
    $945,000 (-32.5%)
  • Year Property taxes Tax assessment
  • 2024
    $6,914 +196.0%
    $570,000
  • 2023
    $2,335 +5.1%
    $570,000 +267.82%
  • 2022
    $2,222 +5.3%
    $154,965 +4.04%
  • 2021
    $2,110 +4.1%
    $148,950
  • 2020
    $2,027 +4.8%
    $148,950 +1.04%
  • 2019
    $1,935 +3.9%
    $147,424 +2.0%
  • 2018
    $1,861 +1.7%
    $144,535 +2.0%
  • 2017
    $1,830 +1.7%
    $141,702 +4.04%
  • 2016
    $1,799 +1.3%
    $136,202
  • 2015
    $1,775
    —
  • 5405 Olmeda
    $570K
  • —
  • 93422
    $699K -10% y/y
  • Atascadero
    $699K -11% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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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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