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Andrea Ruiz

aruizrojas@tbdgmortgage.com +1(323) 539-1273

$ 300,000

Est. payment | -/mo

1 Bed

1 Bath

480 SqFt

Save

$ 300,000

Est. payment | -/mo

Save

1 Bed

1 Bath

480 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 480 sqft

Price per Sqft $625

Subdivision Atnortheast(10)

MLS Listing ID NS26227310

Bedrooms 1

Full Baths 1

HOA Fees $200/mo

HOA Y/N Yes

Year Built 2005

Lot Size 479 Sqft

Property Sub-Type Condominium

Property Description

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.

Location

State CA

County San Luis Obispo

Area Atsc - Atascadero

Rooms

Main Level Bedrooms 1

Interior

Interior Features Laminate Counters, Open Floorplan, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type None

Inclusions Refrigerator, stackable washer/dryer

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater

Laundry Inside, Stacked

Exterior

Parking Features Detached Carport

Carport Spaces 1

Fence None

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Not Available, Propane, Sewer Connected, Water Connected

Amenities Available Maintenance Grounds, Trail(s)

View Y/N Yes

View Neighborhood

Roof Type Spanish Tile

Porch Porch

Total Parking Spaces 1

Private Pool No

Building

Lot Description Street Level

Dwelling Type House

Faces West

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories One

New Construction No

Schools

School District Atascadero Unified

Others

HOA Name Casa Rio

Senior Community Yes

Tax ID 049046033

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by April Fehrer A List Properties 805-610-0345, DRE #01446379

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .

Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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551 N Ferrocarril Atascadero, CA 93422