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3-Bedroom Fourplex Investment

562 Fortuna Atwater, CA 95301

562 Fortuna, Atwater, CA, 95301
$720,000
For Sale
$720,000

Four 3-bedroom units include in-unit laundry hookups and one fully remodeled unit, supported by a parking lot and 2022 roof.

Days on Market103

Property Features for 562 Fortuna

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1990
Listing agency BHGRE EVERYTHING REAL ESTATE
Listed by Eric Jaurique-Pouncey · License #02154006
Source Elliman
Added: Apr 11 Updated: Jul 22 at 1:45AM Checked: Jul 22 at 1:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE EVERYTHING REAL ESTATE


Investment Insights

Based on property information with market context.

The property is a fourplex with four total units, each offering 3 bedrooms and 1 bathroom, along with in-unit laundry hookups. The building totals 3,536 square feet and sits on a 9,300 square foot lot. One unit was fully remodeled in 2022, and the building received a new roof in 2022.

A large on-site parking lot provides convenient access for tenants. The location places the property near In-Shape, Bellevue Bowl, and nearby shopping and dining.

Current and projected rent information is provided in the remarks, including $4,815 per month in current rent and pro forma rents at $1,600 per unit.

Key Highlights

  • 562 Fortuna Ave fourplex in Atwater built in 1990 with four 3‑bedroom units
  • Current rent of $4,815/month with pro forma rents at $1,600 per unit
  • Projected 7%+ cap rate using a 30% expense ratio

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Building Supply Kitchen & Bath Showroom Dental Office Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four 3-bedroom units include in-unit laundry hookups and one fully remodeled unit, supported by a parking lot and 2022 roof.
Where is this quadplex located?
The property is located at 562 Fortuna Atwater, CA.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 562 Fortuna Ave fourplex in Atwater built in 1990 with four 3‑bedroom units; Current rent of $4,815/month with pro forma rents at $1,600 per unit; Projected 7%+ cap rate using a 30% expense ratio
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