5520 Traffic Way
Atascadero, CA 93422

Bd   Ba   768 Sqft   134 Days
Calling all Builders and Developers. Great opportunity. Multi-family zoning. MF20 zoning. Possibilities are endless. Keep the front house and back house rented and earn income while plans and permits are being secured. Currently there are Two units. Front unit is a large one bedroom and rents for $1300 per month. Back unit smaller with 2 bdrooms and rents for $1050 a month. One meter for both houses as the back house was converted from a carport to living areas in the late 1940's. Large 15355 sq ft lot. Check with City of Atascadero to verify how many units may be built on this site. Seller says five units are possible. Terrific location situated just across from Colony Park and right next to the Historic District of Atascadero. Just two blocks to Sunken Gardens. Easy access to freeway. Great potential for buildout on the gradual sloping lot.
  • $0 HOA
  • $553/Sqft
  • MLS#SP17109523 provided by Nancy Sayer of Coldwell Banker Premier RE
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 7 hours ago

Home Features for 5520 Traffic Way, Atascadero

Year Built: 1948
Property Condition: Fixer
Lot Size Acres: 0.35
Lot Size Square Feet: 15355
Lot Size Units: Square Feet
Lot Size Area: 15355
Price Per Square Foot: 553.39
Parcel Number: 29082008
Tax Census Tract: 125.02
Special Listing Conditions: Standard
Standard Status: Active
Exterior
Levels: One
Common Walls: No Common Walls
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 2
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 768
Number Of Units Total: 2
Amenities / Utilities
Trash Expense: 1144
Water Sewer Expense: 494
Electric Expense: 703
Community Features: Sidewalks
Pool Features: None
Location
Road Frontage Type: City Street
Subdivision Name Other: ATNortheast(10)
Subdivision Name: ATNortheast(10)
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Compare Similar Homes for 5520 Traffic Way, Atascadero

Estimated market value is $570,624 which is 34% above the list price. This estimate is based on the following nearby homes which average $743/Sqft.
Movoto's Price/Sqft estimate is not a professional appraisal, it is a starting point to help you price this home. Contact a Movoto Real Estate agent today to get a comprehensive evaluation
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B 24.61 mi
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C 25.40 mi
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D 26.03 mi
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YOU
ARE
HERE
5520 Traffic Way
  • $425,000
  • Price Reduced

    134 days

  • — Bd
  • — Ba
  • 768 Sqft
  • $553 /Sqft
  • 0.35 Acres Lot
  • Built 1948

Property History for 5520 Traffic Way, Atascadero

Status
Date
Price
Listed
Sep 5, 2017
$425,000
#SP17109523
Price Change
Sep 5, 2017
$425,000
Price Change
Jul 18, 2017
$449,900
#SP17106711
Listed
May 15, 2017
$465,000
#SP17109523
Listed
May 15, 2017
$465,000
#SP17106711
Listed
May 15, 2017
$465,000
#SP17106711

Real Estate Market Statistics for 5520 Traffic Way, Atascadero

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5520 Traffic Way

No data!
San Luis Obispo County
Atascadero
93422
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$425K

5520 Traffic Way

$620K

93422

0% y/y

93422

$620K

Atascadero

0% y/y

Atascadero

-

San Luis Obispo County

- y/y

San Luis Obispo County

See all trends for Atascadero

Public Record for 5520 Traffic Way, Atascadero

1 Beds
1 Baths
768 Sqft Building Area
Single Family Residential
3 Rooms
15,355 Sqft Lot Size
1948 Year Built
$165,000 Last Sale Price
08/31/2000 Last Sale Date
Yes Heating
As of today, there are 104 properties listed for sale in ZIP code 93422 and 104 properties listed for sale in the city of Atascadero, CA. This property at 5520 Traffic Way in 93422 is currently listed for $425,000. This is 31% below the $620,000 median price for Atascadero and 31% below the 93422 median of $620,000. Of the 104 properties for sale in Atascadero, 99 are single family homes and 5 are condos. 5520 Traffic Way is a multi family home that is approximately 768 Sqft, 62% below the Atascadero median of 2,025 and 62% below the 93422 ZIP code median of 2,025. The price per Sqft is $553, which is 86% above the median price in 93422 of $297 and 86% above the Atascadero median of $297 per square foot.
Built in 1948, this multi family house at 5520 Traffic Way is approximately 768 square feet and does not come with a parking spot. It is listed on 05/15/2017 with a cost per Sqft of $553. 5520 Traffic Way is located in the Atascadero Unified. The closest school is Atascadero Junior High School.

5520 Traffic Way has been on the market for 134 days. The median days on the market for properties in this area is 48 with a median list price of $620,000 and median cost per square foot of $297. It's currently listed as active under the MLS #SP17109523.

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