This outstanding 5 unit investment property in Atascadero presents a rare opportunity to acquire a well maintained asset in a prime location, just moments from Chalk Mountain Golf Course and Downtown. With 5 individual APNs and separate utility meters, the possibilities for resale or a flexible exit strategy are endless,and with no HOA to contend with, ownership remains simple and streamlined. The property includes one 3 bedroom, 1 bath unit and four 2 bedroom, 2 bath condo units, each offering spacious, functional living areas. While the units are in solid condition, theres excellent potential to add value through light renovations and thoughtful updates. Each residence features a full kitchen, laundry hookups, ample storage, and private fenced patios. Every unit also comes with its own 2 car garage, offering both convenience and additional storage space. A private driveway and designated parking area provide easy access and added privacy. All five units are currently vacant, allowing for immediate leasing or improvements. Ideally situated near shopping, dining, and with easy freeway access, the property offers a desirable balance of tranquility and convenience, making it highly appealing to future tenants. Whether you're seeking a strong income producing asset or a long term investment with growth potential, this fully vacant, multi unit offering delivers exceptional versatility and upside.