6855 Atascadero Avenue

Atascadero , CA 93422

MLS#: SC25135804

$995,000

Status: Active
Listing number: SC25135804
Listing provided by: Christie's International Real Estate Sereno
Listing agent phone: None
Last update: a month ago
On site: 5 months ago
Browse Properties
ATNorthwest(20) - Residential

Property

Beds

4

Full Baths

2

1/2 Baths

None

Year Built

1954

Sq.Footage

1,583

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!

Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Main Level Bedrooms

    4

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    RV Access/Parking

  • Patio and Porch Features

    Patio

  • Pool

    Yes

  • Pool Features

    None

  • View

    Neighborhood

Area & Lot

  • Lot Features

    Corner Lot, Sprinklers In Rear, Sprinklers In Front

  • Lot Size(acres)

    0.4069

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $995,000

  • Sq. Footage

    1, 583

  • Price/SqFt

    $628

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    19

  • Water Source

    Public

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Location

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San Luis Obispo

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Listing Courtesy of Lindsey Harn , Christie's International Real Estate Sereno

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Lina Mirza

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(818) 321-0175

Lina@theosrealty.com


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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!

6855 Atascadero Avenue

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