
Atwater, California 95301
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $497,428 Fair Market Value by 34%. This valuation gap offers $172,428 in Instant Equity for buyers executing a modernization plan. Currently at a Condition Score of 5, the home features a 4-bedroom floor plan on a large 8,201 square foot lot, providing significant room for forced appreciation. Located near Atwater schools, this Value-Add Asset is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1160 Oak Avenue Subject | $325,000* List Price | 4 | 2 | 1,595 | $146 | - |
A 1962 4th Street Sold | $330,000 | 4 | 2 | 1,893 | $174 | 0.2 mi |
B 1585 Redwood Avenue Sold | $379,500 | 3 | 2 | 1,640 | $231 | 0.4 mi |
C 1360 Grove Sold | $240,000 | 2 | 2 | 1,359 | $177 | 0.6 mi |
D 352 Terri Drive Sold | $265,000 | 3 | 3 | 1,688 | $157 | 0.5 mi |
E 205 Clipper Court Sold | $390,000 | 3 | 2 | 1,620 | $241 | 0.9 mi |
F 1485 Mulberry Avenue Active | $384,500 List Price | 3 | 2 | 1,700 | $226 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this property is described as requiring significant repairs and updating. Sold in its present 'as-is' condition, the home features dated infrastructure and aging systems that necessitate substantial rehabilitation and modernization to meet current safety and quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8201, living area = 1595.
Featuring 4 bedrooms and nearly 1,600 square feet on a large 8,201 square foot lot, this property offers significant space and a functional floor plan for a growing family.
Situated in an established Atwater neighborhood near schools, shopping, and local amenities, the home provides excellent convenience and long-term residential appeal.
The home is being sold in its present 'as-is' condition and requires significant updating and repairs, which will necessitate immediate capital expenditure.
Built in 1951, the property likely features aging systems and structural elements that may require modernization to meet current efficiency and building standards.
Opportunity Property in Convenient Atwater Location This 4-bedroom, 2-bath home is located in an established Atwater neighborhood, close to schools, shopping, and local amenities. The property offers a functional floor plan and ample living space. The home requires repairs and updating, providing an opportunity for buyers seeking to renovate and improve. Ideal for those looking to customize or enhance value over time. Property is being sold in its present condition. Convenient location with easy access to daily necessities makes this a compelling opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,595 | 1,727 | 33% |
| Lot Size | 8,201 | 8,163 | 50% |
| Price | $325.0K | $457.5K | 9% |
| Price per sq ft | $204 | $267 | 10% |
| Built year | 1951 | 1986 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 170 | 5% |
Feb 23, 2026
$325,000
Initial Listing