For sale Condo

Listed Oct 20, 2026

$300,000 Est. $1,984/mo

551 North Ferrocarril

  • 1

    Beds

  • 1

    Baths

  • 480

    Sq ft

The story

  • Pool

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.

Facts & features

Home type

Condo

Year built

2005

Floors

1

Price per sq ft

$625

HOA

$200 / monthly

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Forced Air

  • Heating

    Forced Air Unit

  • Appliances

    Dishwasher, Disposal, Microwave, Refrigerator, Gas Range

  • Flooring

    Carpet, Linoleum/Vinyl

  • Roof

    Spanish Tile

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,984 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,597
  • Property tax $300
  • Insurance $88

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

A List Properties

Broker Name

A List Properties

Agent

April Fehrer

Location

PASO ROBLES California 93446