Online Auction
1405 Tamarack Ave
Atwater, CA 95301
$291,150 Starting Bid
3Beds2Baths1,386Sq. Ft.
What this place offers
3 Bedrooms
2 Bathrooms
1,386 sqft
8,075 SqFt
Built in 1955
2 Total spaces
Central Air
Merced County
Key Features
Cash Only
Eviction Partner
Documents
Preliminary Report
Listing Agent Info
Alfred Younan
408-728-5468
alfred@metro-realtypros.com
Brokerage
Metro Realty Pros
Managing Broker
Alfred Younan
Register to view Agent's Details
1405 Tamarack Ave
Atwater, CA 95301
3 bed•2 bath•1,386 Sq. Ft.
Purchase Price
$23,208
Net Annual Cash Flow
+$1,934/mo
Income
Gross Annual Rent
$2,017/mo × 12 — rental estimate from Vihara Analytics · Oct 2026
$24,204Vacancy Loss
Gross rent × 0% vacancy rate. Adjust below. Oakland avg ~5%.
−$0Net Annual Revenue
Gross rent minus vacancy loss
$24,204Expenses
Property Tax
Annual property tax from Alameda County assessor records via Vihara Analytics (2026)
−$996HOA Dues
$0/mo × 12 — from listing data (Victoria Court HOA)
−$0Property Management
Net revenue × 0% — industry standard for long-term rental management. Adjust below.
−$0Maintenance Reserve
Purchase price × 0% — standard reserve for repairs & upkeep. Adjust below.
−$0Total Expenses
Property Tax + HOA + Management + Maintenance
−$996Net Cash Flow
Annual Net Cash Flow
Net Revenue − Total Expenses
$23,208Source: Vihara Analytics · 2026
$72,788
Total Cash Required
to close this deal
Cash at Closing
Down Payment
Purchase price × 20% — adjust below
$58,230Closing Costs
Purchase price × 5% — standard estimate for CA. Adjust below.
$14,558Total Required
Down Payment + Closing Costs
$72,788Adjust Assumptions
Down Payment
% of purchase price paid upfront. Typical: 20–25% for investment properties.
%
Closing Costs
% of purchase price. California avg: 2–4%. Includes title, escrow, transfer tax.
%
Vacancy Rate
% of year property sits vacant. Oakland market avg ~5%. Affects net revenue.
%
Mgmt Fee
% of net rent paid to property manager. Industry standard: 8–12% for LTR.
%
Maintenance
% of purchase price reserved annually for repairs. Rule of thumb: 1% per year.
%
Atwater Market Context
Market factors used to inform your calculation assumptions
Market Vacancy Rate
~4.2%Atwater rental marketAtwater rental vacancy rate per U.S. Census ACS 2023. Your default assumption of 5% is slightly conservative — a reasonable buffer for investor planning. Source: U.S. Census Bureau ACS 2023
Price vs. Market estimate
18% belowEst. value $357,020Purchase price $291,150 vs Vihara Analytics estimated value $357,020. A purchase below estimated value provides a built-in equity cushion. Source: Vihara Analytics · Oct 2026
Median Sold Price
$362,789Trend: ↑ RisingAtwater median sold price over last 30 days. Contextualizes how this property is priced relative to the broader market. Source: Vihara Analytics · Oct 2026
Avg Days on Market
57 daysAtwater marketProperties in Atwater sit on market for 57 days on average. Higher DOM can indicate negotiation leverage for buyers. Source: Vihara Analytics · Oct 2026
Comp Avg $/Sq Ft
$25419 nearby salesAverage price per sq ft from 19 comparable sales within 0.5 mi. Used to validate the purchase price and estimated value. Source: Vihara Analytics · Oct 2026
Rent-to-Price Ratio
0.69%Monthly rent ÷ purchase price$2,017 monthly rent ÷ $291,150 purchase price. Atwater market avg is ~0.5–0.7%. Above 0.7% is considered strong for this market. Source: Vihara Analytics · Oct 2026
⚠️ Market factors are estimates based on available data and public records. They inform but do not replace professional investment advice.
$24,204
Projected Annual Revenue
Monthly rent of $2,017 with 0% vacancy rate accounts for the net annual revenue projection.
Monthly Rent$2,017
Annual Revenue (Gross)$24,204
Vacancy Rate0%
Annual Revenue (Net)$24,204
Source: Vihara Analytics · 2026
Investment Metrics
Cap Rate
Annual Rent ÷ Purchase Price × 100
+7.97%Cash on Cash Return
Monthly Rent ÷ Purchase Price × 100
+31.88%Purchase Price
Current bid or starting bid from auction listing
$291,15019
Comparable Sales
19 comparable properties found in this area.
| Address | Beds | Baths | Sq Ft | Sale Price | Price/Sq Ft | Sale Date |
|---|---|---|---|---|---|---|
| 1490 Tamarack Ave, Atwater, CA 95301 | 3 | 2 | 1,572 | $375,000 | $239 | Jun 8, 2026 |
| 220 Bellevue Rd, Atwater, CA 95301 | 3 | 2 | 1,242 | $320,000 | $258 | Oct 30, 2025 |
| 1586 Underwood Ave, Atwater, CA 95301 | 3 | 2 | 1,539 | $405,000 | $263 | Oct 14, 2025 |
| 1150 Bellevue Rd, Atwater, CA 95301 | 3 | 2 | 1,486 | $372,000 | $250 | Apr 1, 2026 |
| 2848 Wathen St, Atwater, CA 95301 | 4 | 2 | 1,598 | $445,000 | $278 | Mar 3, 2026 |
| 2631 7th St, Atwater, CA 95301 | 4 | 2 | 1,508 | $422,000 | $280 | Mar 15, 2026 |
| 1585 Redwood Ave, Atwater, CA 95301 | 3 | 2 | 1,640 | $379,500 | $231 | Sep 23, 2025 |
| 551 7th St, Atwater, CA 95301 | 3 | 2 | 1,242 | $395,000 | $318 | May 27, 2026 |
| 2270 4th St, Atwater, CA 95301 | 3 | 2 | 1,328 | $395,000 | $297 | Jun 9, 2026 |
| 561 Riechel Ave, Atwater, CA 95301 | 3 | 2 | 1,607 | $417,500 | $260 | Mar 30, 2026 |
| 1789 Cottonwood Ave, Atwater, CA 95301 | 3 | 2 | 1,564 | $420,000 | $269 | Apr 20, 2026 |
| 1105 Oak Ave, Atwater, CA 95301 | 3 | 2 | 1,260 | $173,000 | $137 | Oct 5, 2025 |
| 2310 Linden St, Atwater, CA 95301 | 3 | 2 | 1,150 | $350,000 | $304 | Apr 23, 2026 |
| 1818 Cottonwood Ave, Atwater, CA 95301 | 3 | 2 | 1,564 | $419,000 | $268 | Jun 7, 2026 |
| 901 Magnolia St, Atwater, CA 95301 | 3 | 2 | 1,282 | $368,000 | $287 | Sep 18, 2025 |
| 1263 Juniper Ave, Atwater, CA 95301 | 2 | 2 | 1,287 | $350,000 | $272 | Feb 4, 2026 |
| 1090 Mulberry Ave, Atwater, CA 95301 | 3 | 1 | 1,113 | $136,000 | $122 | May 20, 2026 |
| 2184 Linden St, Atwater, CA 95301 | 3 | 2 | 1,509 | $419,000 | $278 | Jun 16, 2026 |
| 3058 Summit Ln, Atwater, CA 95301 | 2 | 2 | 1,508 | $332,000 | $220 | Jan 22, 2026 |
Source: Vihara Analytics · 2026
Property Tax Assessment
Annual property tax information for 2026. This data is sourced from county tax assessor records.
Annual Property Tax
2026$996
Monthly Estimate$83
Assessed Value
2026$99,036
Effective Tax Rate1.01%
Important: Property tax information is sourced from county tax assessor records and public property databases. Actual tax amounts may vary based on exemptions, special assessments, and other local factors. Please verify with your county tax assessor for the most current information.
Source: Vihara Analytics · 2026