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
MLS #
CRSC25148070
MLS Source
California Regional MLS
Days on Site
161
Appliances
Other
Flooring
Laminate
Cooling
Central Forced Air
Heating
Forced Air
Roof
Composition
Foundation
Slab
Pool
None
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 1 | 1 |
6855 Atascadero Ave is a Residential Income in Atascadero, CA 93422. This – square foot property sits on a 17,725 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 1954. This address can also be written as 6855 Atascadero Ave, Atascadero, CA 93422.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 17, 2025. For the most current information, please contact Lindsey Harn