1241 Broadway Avenue, Atwater, CA 95301

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1241 Broadway Avenue,Atwater, CA 95301
$1,250,000
  • - Beds
  • - Baths
  • 6,160 sq. ft.
  • Multi-family
  • Active
Listed by:andrew hodgson
Office:colliers parrish intenational inc.
MLS#:225122142
Source:MFMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$202.92

About this home

Positioned in the heart of Downtown Atwater, 1241 Broadway offers a compelling investment opportunity with stable income and clear upside. The property includes three upgraded 2-bedroom units (840 SF each), one studio (560 SF), and a 3,080 SF retail space currently leased to Furniture One. Recent renovations such as new flooring, kitchens, and bathrooms, minimize near-term capital needs. Residential rents range from $1,400-$1,550 for the two-bedrooms and $1,100 for the studio, below current market averages. This creates potential for increased income through natural turnover and active management. With strong Broadway frontage, a diversified income stream, and long-term value-add potential, 1241 Broadway is well-suited for both first-time investors and experienced operators looking to grow in the Central Valley.

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Home facts

  • Year built:1920
  • Listing ID #:225122142
  • Added:10 day(s) ago
  • Updated:September 28, 2025 at 03:14 PM

Rooms and interior

  • Living area:6,160 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:6,160 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$202.92
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 28, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.