5080 Fresno Avenue, Atascadero, California 93422, Atascadero, 93422 - 3 bed, 2 bath

5080 Fresno Avenue
Atascadero, California 93422
Property Price
SUMMARY
Analysis of 5080 Fresno Avenue, Atascadero, California 93422 reveals a Prime Investment Opportunity with a current list price of $775,000—significantly undercutting the $803,165 Fair Market Value by 3%. This valuation gap indicates a +$28,165 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Atascadero Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5080 Fresno Avenue Subject | $775,000* List Price | 3 | 2 | 1,855 | $433 | - |
A 5500 Valentina Sold | $824,000 | 4 | 3 | 2,000 | $412 | 0.6 mi |
B 5155 Ardilla Avenue Sold | $740,000 | 3 | 2 | 1,415 | $523 | 0.4 mi |
C 5375 Rosario Avenue Sold | $850,000 | 3 | 3 | 1,990 | $427 | 0.4 mi |
D 5670 Venado Active | $789,000 List Price | 3 | 2 | 1,704 | $463 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1975 property is move-in ready and shows evidence of significant maintenance and updates. Key features include hard surface flooring throughout, double-paned windows for efficiency, and a functional kitchen equipped with modern appliances like a 5-burner gas range and microwave/hood combo. The primary suite and the additional bonus room with its own bathroom provide versatile, updated living spaces. While it retains some mid-century character, the overall quality and lack of deferred maintenance align with a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31799, living area = 1855.
- Expansive Lot & Outdoor Versatility
Situated on nearly three-quarters of an acre, the property offers an expansive lot with RV parking, covered storage, and significant potential for future enhancements like an ADU or workshop.
- Flexible Bonus Living Space
The home features an attached bonus room with a private entrance and its own bathroom, providing a versatile space for a home office, guest suite, or multi-generational living.
CONSRISKS & DEFICIENCIES
- Modernization Potential
Built in 1975, the home may require cosmetic updates and personal touches to meet the aesthetic preferences of buyers looking for a fully modernized interior.
- Lack of Traditional Garage
The property features paved and unpaved parking spaces but lacks a standard enclosed garage, which may be a consideration for buyers prioritizing secure vehicle storage.
About 5080 Fresno Avenue
Welcome to this delightful mid-century gem nestled in a well-established neighborhood in Atascadero. With its charming brick façade and unique curb appeal, this home offers warmth, character, and exciting possibilities on just under an acre lot. A fenced front yard creates a welcoming first impression, while the driveway provides two paved parking spaces. Continue toward the rear of the property and discover an expansive open lot featuring a shed, covered storage, additional unpaved parking, and ample space for RV parking or future enhancements. Continue inside to a cozy entry with coat closet and a quaint living room complete with ceiling fan—an inviting space to relax and unwind. The dining area flows seamlessly into the kitchen, outfitted with a 5-burner gas range, microwave and range hood combo, dishwasher, and refrigerator. Abundant counter space and generous cabinetry make meal prep and storage effortless. Just off the kitchen, you’ll find a convenient indoor laundry room with utility sink. From the dining room, access the fenced backyard and patio area featuring a Santa Maria-style BBQ—perfect for weekend gatherings and outdoor entertaining. Back inside, the primary suite offers a walk-in closet and private ensuite bath with walk-in shower. Two additional bedrooms and a full bath complete the main living area. An attached bonus room with its own bathroom and private entrance provides flexible space for guests, hobbies, a home office, or extended living arrangements. Hard surface flooring runs throughout the home, complemented by double-paned windows for comfort and efficiency. Ideally located near downtown Atascadero, with easy access to local shopping, dining, and Highway 101, this charming property is ready for its next chapter—whether you’re looking to settle in right away or elevate it with your own personal touches.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 31,799 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,855 | 1,902 | 48% |
| Lot Size | 31,799 | 27,500 | 54% |
| Price | $775.0K | $835.0K | 40% |
| Price per sq ft | $418 | $462 | 30% |
| Built year | 1975 | 1984 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 171 | 2% |
Pricing History
Listed for Sale
Feb 19, 2026
$775,000
Initial Listing











































