Welcome home to this charming early 1950s stucco cottage with a detached studio on a corner lot, just a short walk from downtown Atascadero. This Bajada property has two separate legal addresses, 5990 and 5980 along with separate gas and electric meters. The home has 1 bedroom and 1 bathroom at 576 sq. ft. of living space on a 6,940 sq. ft. lot and features original hardwood floors, a covered front porch with arched details, a chimney, and dark-framed windows that add to its cottage character. The detached studio offers flexibility for guests, a home office, or hobby and creative space. A large open driveway provides ample parking for both structures, and mature shade trees create a park-like feel. Stroll to downtown shops, restaurants, Sunken Gardens, and community events. This Bajada property carries a High-Density Residential designation, offering potential for future use and investment opportunities. Buyer to verify allowable uses and development potential with the City of Atascadero. This is a great opportunity for homeowners, investors, or anyone seeking a walkable Central Coast lifestyle with room to make it their own. The possibilities are so exciting! The pre listing inspections have been completed, and the property comes with a section I pest clearance!