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$1,100,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 13 hours ago
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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.

Full Property Details for 5340 Palma

General

  • Price: $1,100,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: NS26023953
  • Updated: 2/3/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down
  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Off-Street
  • Parking: Off-Street

Location

  • Area: ATSC - Atascadero
  • County: San Luis Obispo
  • Development Name: ATSC - Atascadero
  • Driving Directions: From 101, take 41 exit and travel north on El Camino, turn right on Rosario, left on Palma, house on LHS

Heating & Cooling

  • Cooling Type: See Remarks

Utilities

  • Sewer: Public Sewer

Structural Information

  • Entry Location: Stairs to front porch
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 4,084
  • Year Built: 1915

Unit Information

Unit 1

  • Number of Units: 4
  • Bedrooms: 8

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.3937
  • Lot Size (Sq. Ft.): 17,150
  • Lot Size Source: Assessor
  • Lot Description: Front Yard

Financial Considerations

  • Price Per Sq. Ft.: $269.34
  • Price Per Unit: 275000

Disclosures and Reports

  • Exclusions: Freezer in main house and shed in front yard.

Listed by Academe Real Estate, Linda Hamilton

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Listing agent

— 5340 Palma —

  • Linda Hamilton

    Academe Real Estate

805-610-7306

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5340 Palma

School District:Atascadero Unified School District
NameGradesDistance
San Benito Elementary School
4300 San Benito Road, Atascadero, CA 93422
K-51.7 mi
Atascadero Middle School
6501 Lewis Avenue, Atascadero, CA 93422
6-80.5 mi
Atascadero High School
1 High School Hill Road, Atascadero, CA 93422
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5340 Palma Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/02/2026
Listed
$1,100,000
230.33%
MLS
10/12/2000
Sold
$333,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5340 Palma

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,267
7%
$501,758
2%
2023
$6,766
—
$491,920
2%
2023
$6,766
4%
$482,276
2%
2022
$6,491
5%
$472,821
2%
2021
$6,210
3%
$463,551
1%
2020
$6,010
4%
$458,799
2%
2019
$5,773
3%
$449,804
2%
2018
$5,580
2%
$440,985
2%
2017
$5,481
2%
$432,340
2%
2016
$5,384
1%
$423,864
2%
2015
$5,310
8%
$417,498
2%
2014
$4,898
2%
$409,320
—
2013
$4,822
—
$407,471
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5340 Palma

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Academe Real Estate, Linda Hamilton

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5340 Palma, Atascadero, CA 93422 (MLS# NS26023953) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 5340 Palma is currently listed for $1,100,000 and was received on February 02, 2026. Want to learn more about 5340 Palma? Do you have questions about finding other Multi-Family real estate for sale in Atascadero? You can browse all Atascadero real estate or contact a Coldwell Banker agent to request more information.

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