6855 Atascadero Ave Atascadero, CA 93422
Estimated payment $5,978/month
Highlights
- RV Access or Parking
- Community Lake
- Corner Lot
- Monterey Road Elementary School Rated A-
- Main Floor Bedroom
- No HOA
About This Home
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!
Listing Agent
Christie's International Real Estate Sereno Brokerage Phone: 805-476-0104 License #01868098 Listed on: 06/26/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,441
Year Built
- Built in 1954
Lot Details
- 0.41 Acre Lot
- Corner Lot
- Level Lot
- Front and Back Yard Sprinklers
- On-Hand Building Permits
- Property is zoned MF20
Home Design
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,583 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Laminate Flooring
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- Parking Available
- Parking Lot
- RV Access or Parking
Outdoor Features
- Concrete Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Legal Lot and Block 19 / WA
- Assessor Parcel Number 030282015
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Atnorthwest Subdivision
- Community Lake
Recreation
- Park
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,441 | $721,621 | $318,362 | $403,259 |
| 2024 | $8,438 | $707,472 | $312,120 | $395,352 |
| 2023 | $8,438 | $693,600 | $306,000 | $387,600 |
| 2022 | $8,248 | $680,000 | $300,000 | $380,000 |
| 2021 | $3,246 | $248,469 | $113,586 | $134,883 |
| 2020 | $3,152 | $245,922 | $112,422 | $133,500 |
| 2019 | $3,037 | $241,101 | $110,218 | $130,883 |
| 2018 | $2,942 | $236,374 | $108,057 | $128,317 |
| 2017 | $2,889 | $231,740 | $105,939 | $125,801 |
| 2016 | $2,837 | $227,197 | $103,862 | $123,335 |
| 2015 | $2,798 | $223,785 | $102,302 | $121,483 |
| 2014 | $2,576 | $219,403 | $100,299 | $119,104 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Price Changed | $995,000 | -7.4% | $629 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $1,075,000 | +58.1% | $679 / Sq Ft |
| 10/27/2021 10/27/21 | Sold | $680,000 | -2.7% | $430 / Sq Ft |
| 10/11/2021 10/11/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $699,000 | -- | $442 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $680,000 | Fidelity National Title Co | |
| Grant Deed | $175,000 | First American Title Co | |
| Grant Deed | $166,000 | First American Title Co | |
| Trustee Deed | $132,655 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Commercial | |
| Previous Owner | $157,325 | No Value Available | |
| Previous Owner | $149,400 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25135804
APN: 030-282-015
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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