Outstanding opportunity to own a high-performing, multi-unit investment property on a prime corner lot in an established neighborhood. With four income-generating units across two buildings, this property offers immediate cash flow and over 10% rental income upside based on current market rates. Currently generating $80,000+ annually, with room to push rents and increase income by 10% or more, this property is ideal for investors seeking immediate returns and future growth. A rare find in a strong rental market don't let this one get away.
Active
$1,049,000
500 E Hawkeye Ave, Turlock, CA 95380
9beds
4,576sqft
Est.:
Quadruplex
Built in 1964
-- sqft lot
$1,011,000 Zestimate®
$229/sqft
$-- HOA
What's special
Corner lotPrime corner lot
- 115 days
- on Zillow |
- 532 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: May 25, 2025 at 09:36pm
Listed by:
DRE #01934011 209-579-4901,
HomeSmart PV & Associates
Source: MetroList Services of CA,MLS#: 225050090Originating MLS: MetroList Services, Inc.
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 5
- Partial bathrooms: 2
Heating
- Central, Fireplace(s), Varies by Unit
Cooling
- Ceiling Fan(s), Central Air, Varies by Unit
Appliances
- Included: Free-Standing Gas Oven, Built-In Electric Oven, Free-Standing Gas Range, Built-In Electric Range, Free-Standing Refrigerator, Dishwasher, Disposal
Features
- Flooring: Carpet, Tile, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 4,576 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street, Carport
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.31 Acres
Details
- Zoning description: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Quadruplex
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1964
Community & HOA
Location
- Region: Turlock
Financial & listing details
- Price per square foot: $229/sqft
- Price range: $1M - $1M
- Date on market: 4/22/2025
- Tenant pays: Electricity, Gas
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