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

5080 Fresno Avenue, Atascadero, California 93422 home-pic-0

5080 Fresno Avenue

Atascadero, California 93422

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,855Sq Ft
31,799Lot Size

Property Price

LIST PRICE$775,000
EST. MARKET VALUE
$803,165
3% BelowMARKET VALUE

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

$803,165 +$28,165 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Atascadero.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5080 Fresno Avenue
Subject
$775,000*
List Price
321,855$433-
A
5500 Valentina
Sold
$824,000432,000$4120.6 mi
B
5155 Ardilla Avenue
Sold
$740,000321,415$5230.4 mi
C
5375 Rosario Avenue
Sold
$850,000331,990$4270.4 mi
D
5670 Venado
Active
$789,000
List Price
321,704$4630.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,8551,902
48%
Lot Size31,79927,500
54%
Price$775.0K$835.0K
40%
Price per sq ft$418$462
30%
Built year19751984
28%
HOA$0$0
50%
Days on market16171
2%

Pricing History

Listed for Sale

Feb 19, 2026

$775,000

Initial Listing

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