
Turlock, CA 95382
This property presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well above the $530,910 Fair Market Value by 13%. While priced above current estimates, the asset offers significant Income Potential through its dual-unit configuration, including a 1952 primary residence and a 1990 ADU. With a Fair Condition Rating, the property requires modernization but provides a rare Multi-Generational Living layout. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2251 Waldorf Drive Subject | $600,000* List Price | 4 | 2 | 1,664 | $319 | - |
A 580 North Avenue Sold | $465,000 | 3 | 2 | 1,462 | $318 | 0.5 mi |
B 2180 N Berkeley Avenue Sold | $575,000 | 4 | 2 | 2,176 | $264 | 0.2 mi |
C 2120 Annhurst Avenue Sold | $505,000 | 3 | 2 | 1,490 | $339 | 0.6 mi |
D 3360 Stanley Avenue Sold | $490,000 | 4 | 2 | 1,668 | $294 | 0.8 mi |
E 3360 Vanderbilt Avenue Sold | $520,000 | 3 | 2 | 1,621 | $321 | 0.8 mi |
F 395 North AVE Sold | $562,500 | 3 | 2 | 1,944 | $289 | 0.6 mi |
G 2300 Drew Sold | $459,000 | 3 | 3 | 1,611 | $285 | 1.0 mi |
H 335 North Avenue Sold | $510,000 | 3 | 2 | 2,011 | $254 | 0.6 mi |
I 2420 Colorado Pending | $569,000 List Price | 3 | 2 | 1,501 | $379 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property consists of a 1952 primary home and a 1990 ADU. While the homes are well-maintained and functional, the primary residence features a very dated kitchen with older tile and cabinetry, and the ADU is over 30 years old. The age of the structures and lack of recent major renovations to the main systems and kitchens align with the 'Fair' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8699, living area = 1664.
The property features two separate homes with individual addresses and utility meters, offering significant rental income potential or a proven short-term rental opportunity.
With a primary 3-bedroom residence and a detached 1-bedroom ADU, the layout is ideal for multi-generational families seeking both proximity and private living spaces.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1664, other record living area = 1014. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The main residence was built in 1952 and retains original features, which may require modern updates or maintenance to its older infrastructure and systems.
The primary 3-bedroom home is served by only one bathroom, which may be a functional constraint for larger families or modern buyer expectations.
Unique opportunity to own 2 homes on a single lot located near schools, shopping, and Emanuel Medical & Cancer Centers in central Turlock. Primary home is 1,014 sf with 3 bedrooms/1 bath, original hardwood floors that was built in 1952. The rear ADU is 650 sf, 1 bedroom/1 bath, with 2-vehicle carport that was built in 1990. The second home has a separate address (2253 Waldorf Dr) and utility meters. Back home was originally occupied by a family member and for the past 3 years has been an Air B & B short-term rental. Ideal for multi-generation families or a home with income producing possibilities. Call today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,664 | 1,695.026 |
| Lot Size | 8,699 | 6,898.184 |
| Price | $600.0K | $532.2K |
| Price per sq ft | $361 | $306 |
| Built year | 1990 | 1988 |
| HOA | $0 | $246 |
| Days on market | 6 | 43 |
Sep 3, 2026
$600,000
Initial Listing