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6855 Atascadero Avenue, Atascadero, CA 93422

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For Sale

$995,000

4 beds • 2 baths • 1,583 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $628.55
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

MASSIVE PRICE IMPROVEMENT! Don t Miss This Unbeatable Investment Opportunity! Now is the time to act on this incredible value in one of Atascadero s most desirable locations! Whether you're a savvy investor, experienced developer, or someone with a vision, this property is now priced to MOVE and 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 facilities all behind the existing home. That s 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, you ll 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 Downtown plus less than 15 minutes to the beach and Central Coast wine country this 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!
MLS# SC25148070

Courtesy Of Sereno

(805) 476-0104

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Laminate
  • Heating System
    Forced Air
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 6855 Atascadero Avenue, Atascadero, CA 93422

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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