$450,000
5265 Magdalena Avenue
Atascadero, CA 93422
2
Beds
2
Baths
1,337
Sq. Ft.
1954
Year Built
San Luis Obispo
County
SingleFamilyResidence
Property Type
About this home
Capitalize on the opportunity to reimagine 5265 Magdalena, a charming 2-bedroom, 2-bathroom home situated on an expansive 9,850-square-foot lot at the end of a quiet street near the heart of downtown Atascadero. Shops, dining and activities are just moments away. The house offers approximately 1,337 square feet of living space with room to expand. The large lot is shaded by beautiful mature oak trees creating a welcoming outdoor space with room to garden, entertain, relax, or bring your own ideas to life. Inside this functional, single level floor plan, you'll appreciate the wood-burning stove which adds warmth and character as well as the abundant natural light filtering in through the wood-cased windows. Ready to renovate? Maximize the existing property while taking advantage of the generous lot size. Check with the city for the potential addition of a garage and/or ADU. Whether you're looking to embark on a starter home or capitalize on the investment opportunity this is the perfect canvas.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
Request a Tour
Mortgage Estimate
$2,395/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 7:15 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.