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.