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Status: ACTIVE

6855 Atascadero Ave 
Atascadero, CA 93422

7% Drop

$1,075,000

$995,000

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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!
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Bedrooms
4
Baths
2
House Size
1,583 sqft
Year Built
1954
Lot Size
0.41 ac

Location

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Interior Information

cooling
Central Air
heating
Forced Air
view
Neighborhood

Exterior Information

patio and porch
Patio
roof
Composition

Property Information

construction
Stucco
lot
Corner Lot
sewer
Public Sewer
subdivision name
Atnorthwest(20)
water source
Public
  • Listed By Lindsey Harn
  • soldbylindseyharn@gmail.com
  • Christie's International Real Estate Sereno
  • (805) 476-0104
  • Chris@serenogroup.com
  • MLS SC25135804

Monthly Payments Calculator

Estimated Monthly Cost

$6,372

30 year fixed·6.9% interest rate
Principal & Interest
$5,242
Property Taxes
$829
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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