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Quadplex with Garage Parking
For Sale
$1,450,000

4-5005 Palma Ave, Atascadero, CA 93422

Four residences feature private patios, separate laundry hookups, pantry-equipped kitchens, and additional outdoor parking.

Property SizeContact for details
Days on Market10

Property Features for 4-5005 Palma Ave

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

separate laundry hookups
private patios
pantry
Listing Agency: Turnbull Properties
Listed By: Irene Turnbull
Source: Exprealty
Added: Sep 8 Changed: Sep 14 Last Checked: Sep 17 at 6:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Turnbull Properties

Investment Insights

Based on property information with market context.

This quadplex contains four residential units, each offering 2 bedrooms and 1 bath. Unit sizes range from 977 to 1122 square feet. Every residence includes separate laundry hookups, a private patio, a pantry in the kitchen, and a single-car garage. Unit #1 has two single garages instead. Stoves remain with the property, while other appliances belong to the tenants. Additional outdoor parking is also provided.

The property occupies the corner of San Jacinto and Palma in Atascadero. All four units are fully rented to long-term tenants, creating a consistent residential configuration across the building. The individual layouts, private outdoor areas, garage access, and laundry hookups are shared features throughout the property, with the additional garage capacity at Unit #1.

Key Highlights

  • Four‑unit quadplex with 2 bedrooms and 1 bath per unit
  • Unit sizes range from 977‑1122 square feet
  • Private patios and separate laundry hookups in every unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store HVAC Service Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,010
Businesses Nearby

Demographics for 93422, CA

33,041
Population
13,702
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
68.8 sq mi
ZIP Area
480
Density / Sq Mi
$89,916
Median Household Income
$46,939
Median Earnings
$1,841
Median Rent
$692,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residences feature private patios, separate laundry hookups, pantry-equipped kitchens, and additional outdoor parking.
Where is this quadplex located?
The property is located at 4-5005 Palma Ave Atascadero, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2 bedrooms and 1 bath per unit; Unit sizes range from 977‑1122 square feet; Private patios and separate laundry hookups in every unit
More about this property
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