555 North Ferrocarril, Atascadero, CA 93422
555 North Ferrocarril, Atascadero, CA 93422
Property Description
Calling all investors! Experience owning an easy, low-maintenance 55+ single-level rental in the desirable Casa Rio Development. Set on a level lot in a boutique 60-unit community with manicured grounds and a decorative roundabout, this turnkey 1-bedroom, 1-bath home offers comfort and convenience. The bright open layout extends outdoors to a front patio, ideal for morning coffee or evening relaxation. Highlights include central heating and air, energy-efficient dual-pane windows, interior laundry with included stackable washer/dryer, refrigerator, and optional RV/boat parking. Conveniently located near the Juan Bautista de Anza walking trail, Trader Joe's, Starbucks, and shopping. Investors welcome—owners do not need to be 55+ (occupants only).
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Affordable Tier · 3 active · 5 closed
Atascadero · Condominium
Listed 14.3% below the median closed sale of $350,000. Price per sqft ($625) is a 41% premium to closed comps ($444).
Price Position
Priced below the market — value advantage over the field.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 5525 Capistrano | Atascadero | 1977 | 1 | 1 | 640 | 640 | $469 | $299,900 | 24 | 76 |
| 9290 El Bordo | Atascadero | 1984 | 2 | 2 | 920 | 920 | $477 | $439,000 | 19 | 48 |
| 3750 El Camino Real | Atascadero | 1985 | 2 | 2 | 1,066 | 1,066 | $351 | $374,000 | 276 | 41 |
| Total: 3 · Average | 1.7 | 1.7 | 875.333 | 875.333 | $432.333 | $370,966.667 | 106.33333333333333 | |||
| Median | 920 | $374,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 519 Ferrocarril | Atascadero | 2005 | 05/28/2026 | 2 | 1 | 750 | 750 | $350,000 | $350,000 | $467 | 1.00 | 134 | 71 |
| 6265 Tecorida Ave | Atascadero | 2006 | 05/18/2026 | 1 | 1 | 796 | 767 | $480,000 | $470,000 | $590 | 0.98 | 193 | 69 |
| 5580 Traffic Way | Atascadero | 1979 | 08/18/2026 | 2 | 1 | 800 | 800 | $350,000 | $350,000 | $438 | 1.00 | 35 | 59 |
| 7464 Santa Ysabel | Atascadero | 1987 | 06/26/2026 | 2 | 1 | 858 | 858 | $329,000 | $330,000 | $385 | 1.00 | 52 | 54 |
| 3750 El Camino Real | Atascadero | 1984 | 09/24/2026 | 2 | 2 | 1,066 | 1,066 | $370,000 | $360,000 | $338 | 0.97 | 177 | 42 |
| Total: 5 · Average | 1.8 | 1.2 | 854 | 848.2 | $372,000 | $372,000 | $443.6 | — | 118.2 | ||||
| Median | 800 | $350,000 | $350,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.