26
See all 26 photos
$995,000
Est. payment /mo
4 Beds
2 Baths
1,583 SqFt
Price Dropped by $80K
6855 Atascadero Avenue Atascadero, CA 93422
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,583 sqft
Price per Sqft $628
Subdivision Atnorthwest(20)
MLS Listing ID SC25135804
Bedrooms 4
Full Baths 2
Year Built 1954
Property Sub-Type Detached
Property Description
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!
Location
State CA
County San Luis Obispo
Zoning MF20
Direction Morro Road/CA-41 West, Turn Right on Atascadero Avenue
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Flooring Laminate
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Neighborhood
Roof Type Composition
Accessibility None
Porch Concrete, Patio
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 030282015
Special Listing Condition Standard
Virtual Tour https://properties.aspectvisuals.co/mls/198429936
Listed by Lindsey Harn Christie's International Real Estate Sereno