1036 1036 N Olive Ave, Turlock, CA 95380, Turlock, 95380 - bed, bath
1036 1036 N Olive Ave
Turlock, CA 95380
Property Price
SUMMARY
Analysis of 1036 1036 N Olive Ave, Turlock, CA 95380 is currently available with a list price of $1,300,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Turlock Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained multifamily complex where 75% of the units (6 out of 8) are recently or currently being renovated. The updated units feature high-quality modern finishes, including luxury vinyl plank flooring, recessed lighting, white shaker cabinets, quartz countertops, and stainless steel appliances. While the renovated interiors are in excellent condition, the overall property score is 'good' due to the 1959 vintage infrastructure and the fact that two units remain in original condition, offering value-add potential rather than a total property-wide new renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Opportunity
With four units recently renovated and two more currently undergoing updates, a new owner benefits from six modernized units while retaining significant rental upside through the improvement of the final two units.
- Operational Efficiency
All units are separately metered for gas and electricity and feature individual washer/dryer hookups, which minimizes landlord utility expenses and enhances tenant convenience.
- Strategic Location
The property is ideally situated near CSU Stanislaus, Donnelly Park, and Highway 99, ensuring a consistent demand from a diverse tenant pool including students, faculty, and commuters.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1959, the property may require higher long-term maintenance budgets for aging structural systems and underground utilities that fall outside the scope of recent cosmetic renovations.
- Unit Mix Concentration
The inventory is heavily weighted toward one-bedroom units (7 out of 8), which may limit appeal for larger families and increase turnover compared to properties with more multi-bedroom options.
About 1036 1036 N Olive Ave
1036 N Olive Avenue, Turlock – 8-unit multifamily property with seven (7) 1-bed/1-bath units and one (1) 2-bed/1-bath unit across four buildings on over half an acre. Four units have been recently renovated, and two additional units are currently undergoing renovations. A new owner will benefit from six updated units, with the two remaining units offering potential for further improvements and upside capture. All units are separately metered for gas and electricity, include washer/dryer hookups, and feature private yard space. Parking includes carports for most units and a garage for the 2-bedroom unit. Located near CSU Stanislaus, Donnelly Park, shopping, dining, and schools, with easy access to Highway 99. Contact listing agents for a complete marketing package and additional information.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1959
- Lot Size
- 24,393 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 5.5 | 17% |
| Baths | - | 4.0 | 17% |
| Square foot | - | 1,853.5 | 17% |
| Lot Size | 24,393 | 11,824.5 | 83% |
| Price | $1.30M | $726.2K | 83% |
| Price per sq ft | $0 | $254 | 33% |
| Built year | 1959 | 1969 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 158 | 185 | 17% |
Pricing History
Listed for Sale
Sep 30, 2025
$1,300,000
Initial Listing