6855 Atascadero Avenue, Atascadero, CA

$995,000

Previous Next

4

Beds

2

Baths

1,583

Square feet

0.41

Acres

About 6855 Atascadero Avenue

MASSIVE PRICE IMPROVEMENT! Dont Miss This Unbeatable Investment Opportunity! Now is the time to act on this incredible value in one of Atascaderos most desirable locations! Whether you're a savvy investor, experienced developer, or someone with a vision, this property is now priced to MOVEand the potential here is simply unmatched. Located on a spacious prime corner lot, this property comes with approved plans to build eight 2-bedroom, 1-bathroom apartment units, plus upstairs and downstairs laundry facilitiesall behind the existing home. Thats right: plans and a bid package are already in place, making it seamlessly ready for development. Opportunities like this are extremely rare, especially at this new price point! The front residence is a well-maintained 4-bedroom, 2-bathroom home currently generating $3,600/month in rental income. Inside, youll find thoughtful upgrades including dual-pane windows, laminate wood flooring, updated stucco exterior, stamped concrete patio and walkways, and low-maintenance landscaping. The open-concept layout and modern finishes make the home both stylish and functional. Situated in highly sought-after West Atascadero, just moments from the Atascadero Lake, Charles Paddock Zoo, Stadium Park, and Downtownplus less than 15 minutes to the beach and Central Coast wine countrythis location checks every box. Whether you're looking to build out your portfolio, generate long-term rental income, or live onsite while developing, this is your moment. Big Price Drop. Bigger Potential. Schedule your showing today before this rare opportunity is gone!

Features of 6855 Atascadero Avenue

MLS® # SC25135804
Price $995,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,583
Acres 0.41
Year Built 1954
Type Residential
Sub-Type Detached
Status Active

Community Information

Address 6855 Atascadero Avenue
Area ATASCADERO (93422)
City Atascadero
County San Luis Obispo
State CA
Zip Code 93422

Amenities

View Neighborhood
Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Fireplaces N/K
# of Stories 1
Stories 1 Story

Exterior

Lot Description Corner Lot,Sprinklers In Front,Sprinklers In Rear
Roof Composition
Construction Stucco

Additional Information

Date Listed June 17th, 2025
Days on Market 62
Zoning MF20
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeChristie's International Real Estate Sereno

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?