About 9198 San Diego Way
Prime Multi-Family lot with rented 3-bedroom home – A Great Investment Opportunity! Welcome to this spacious .47-acre multi-family lot, featuring a well-maintained 3-bedroom, 2-bathroom home that is currently rented long-term for $3,500/month. This charming home boasts an open kitchen and dining area, perfect for both comfortable living and entertaining. Located in a desirable area, this property is zoned for multi-family development, with the potential to add 7-8 units, this lot offers a fantastic opportunity for investors or developers looking for a property with future growth potential. The existing tenants are happy in their home and would love to continue renting, providing you with immediate rental income while you explore the potential for expansion. Whether you're looking for a property with steady cash flow or a site with the ability to be maximized for future development, this is the perfect opportunity to make your mark in the real estate market. Don’t miss out on this rare find property with a lot of potential in the future.
Features of 9198 San Diego Way
| MLS® # | SC25162452 | 
|---|---|
| Price | $697,000 | 
| Bedrooms | 3 | 
| Bathrooms | 2.00 | 
| Full Baths | 2 | 
| Square Footage | 1,672 | 
| Acres | 0.47 | 
| Year Built | 1985 | 
| Type | Residential | 
| Sub-Type | Single Family Residence | 
| Status | Active | 
Community Information
| Address | 9198 San Diego Way | 
|---|---|
| Area | ATSC - Atascadero | 
| Subdivision | ATSoutheast(40) | 
| City | Atascadero | 
| County | San Luis Obispo | 
| Zip Code | 93422 | 
Amenities
| Parking Spaces | 2 | 
|---|---|
| # of Garages | 2 | 
| View | None | 
| Is Waterfront | No | 
| Has Pool | No | 
| Pool | None | 
Interior
| Interior Features | All Bedrooms Down, Bedroom on Main Level, Main Level Primary | 
|---|---|
| Cooling | Central Air | 
| Has Basement | No | 
| Fireplace | Yes | 
| Fireplaces | Living Room | 
| # of Stories | 1 | 
| Stories | One | 
Exterior
| Lot Description | SixteenToTwentyUnitsAcre | 
|---|
School Information
| District | Atascadero Unified | 
|---|
Additional Information
| Date Listed | July 18th, 2025 | 
|---|---|
| Days on Market | 105 | 
| Zoning | RMF-16 | 
| Foreclosure | No | 
| Short Sale | No | 
| RE / Bank Owned | No | 
Listing Details
| Agent | Alex De Alba | 
|---|---|
| Office | The Real Estate Company of Cambria | 

