551 N Ferrocarril, Atascadero, CA 93422

Beds

Baths

480

Sq ft

$625

Per sq ft

About this home

Turnkey investment opportunity in the peaceful 55+ Casa Rio community. Situated on a level lot within this desirable 60-unit enclave, 551 N Ferrocarril delivers effortless single-level living with an established tenant in place for immediate cash flow. This well-maintained 1-bedroom, 1-bath home features a bright, low-maintenance layout opening to a private paver patio overlooking professionally landscaped grounds. Complete with central HVAC, dual-pane windows, indoor laundry with included stackable washer/dryer, refrigerator, and optional RV/boat parking. Conveniently located near the Juan Bautista de Anza trail, Trader Joe's, Starbucks, and shopping. Investors do not need to be 55+ to own (tenant/occupant only). Tenant occupied; please do not disturb occupant.

Type

Condominium

Year built

2005

Lot

480 sq ft

Garage

—

HOA

$200/mo

Pool

View

Neighborhood

Solar

—

Estimated payment

$2,092/mo

Principal & interest$1,517
Property tax (est.)$288
Home insurance (est.)$88
HOA$200

Down payment: 20% ($60,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of April Fehrer, A List Properties, 805-610-0345. MLS# NS26227310. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:24 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.