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6855 Atascadero Avenue
For Sale $995,000 ($628.55 per Sq Ft)
$995,000 ($628.55 per Sq Ft)
- 4 Bedrooms
- 2 Bathrooms
- 1,583 Sq Ft
- 17,725 Sq Ft
Description
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!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $995,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,583 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1954 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 030282015 |
| MLS # | SC25135804 |
| Property ID | 321936404 |
| Lot Sqft | 17,725 |
| Zoning | MF20 |
| Total Units | 1 |
| Days on Market | 245 |
| Original List Price | $1,075,000 |
| Date Updated | February 04, 2026 |
| Date Created | June 17, 2025 |
Listing Provided By
Lindsey Harn an agent of . Lic #01868098
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 04, 2026 The 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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Robert Crawford
REAL ESTATE AGENT