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$995,000
6855 Atascadero Avenue, Atascadero, CA 93422
4Beds
2Baths
259Days Listed
Listed by Lindsey Harn, Christie's International Real Estate Sereno | 805-441-7744
About This Property
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!
Virtual Tour
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 4
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Original Price
- $1,075,000
Location & Neighborhood
What's nearby 6855 Atascadero Avenue, Atascadero, CA 93422
Nearby Schools
- Brookside Christian Academy0.2 mi
elementary
- Atascadero High School0.3 mi
elementary
Parks & Recreation
- Sunken Gardens0.4 mi
park
Transit Access
- El Camino Real & Highway 410.3 mi
Bus Stop
- El Camino Real & Entrada0.5 mi
Bus Stop
- Atascadero, CA (ATA)0.5 mi
Bus Stop
- Atascadero Transit Center0.5 mi
Bus Stop
Local Amenities
Other
Dining
- Huckleberry’s0.3 mi
- Kochi Korean BBQ0.3 mi
Coffee & Cafes
- Starbucks0.4 mi
- Malibu Brew Coffee0.4 mi
POI data updated 2/6/2026
Last updated: Feb 5, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$995,000