- For Sale $995,000
- Property Type Multi-Family
- Property Size 4,642 SF
- Units 7
- Lot Size 0.33 Acre
- Property Tenancy Multi-Tenant
- Year Built 1979
- Date Updated Sep 18, 2026
Description
Located in an established residential area of Atwater, 1873 Grove Avenue offers convenient access to local shopping, services, schools, and major transportation routes. The property is positioned near Highway 99, providing easy connectivity to Merced and the greater Central Valley, while benefiting from Atwater’s more affordable housing market and steady rental demand.A well-positioned 7-unit multifamily investment in Atwater, California, offered at $995,000. Built in 1979, this 4,642 SF property sits on a 14,496 SF R-16 lot with a diversified unit mix of three 2-bedroom and four 1-bedroom units. Ideally suited for investors seeking stable Central Valley cash flow with upside through renovation and improved management, near Merced and Highway 99.
Highlights
- $995,000 $142,143 per unit
- 7 units total (3x 2BR/1BA, 4x 1BR/1BA)
- Zoned R-16
False
Contacts
Dan Del Real, CCIM
Del Real Commercial
Location
Contact Listing Broker
Dan Del Real, CCIM
Del Real Commercial