432 E Glenwood Avenue, Turlock, CA 95380, Turlock, 95380 - 2 bed, 1 bath
432 E Glenwood Avenue
Turlock, CA 95380
Property Price
SUMMARY
Analysis of 432 E Glenwood Avenue, Turlock, CA 95380 is currently available with a list price of $2,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property, built in 1946, is well-maintained and functional but remains largely outdated. The kitchen features older tile countertops and white appliances, while the bathroom and living areas show signs of age despite regular upkeep. While the home is charming and livable, it lacks the modern renovations required for a higher score, and its primary value lies in the land's development potential rather than the current residential structure.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 359806, living area = 1200.
- Exceptional Development Potential
As a key part of the Morgan Ranch Master Plan, this property offers rare triple-zoning opportunities (HDR, CC, O, PUB), providing a unique and high-yield investment path for future development.
- Strategic Highway Exposure
The parcel features significant exposure to Highway 99, a highly desirable attribute for commercial and high-density residential projects that ensures long-term visibility and value.
CONSRISKS & DEFICIENCIES
- Speculative Pricing
The $2.5M list price is based on future development potential rather than the current residential structures, which may require a specific type of investor comfortable with long-term land banking.
- Development Dependency
Full realization of the investment's value is contingent upon the city's infrastructure timeline and the execution of the Morgan Master Plan, which involves inherent regulatory risks.
About 432 E Glenwood Avenue
Welcome to the future Morgan Ranch development! Infrastructure plans are in play through the city of Turlock! Purchase today and enjoy the property then join in the investment side of things for a great return on your investment in a few years! Morgan Master Plan is attached. Exposure to HWY 99 gives this a rare opportunity for the future zoning. This parcel is the only one zoned with three profit opportunities, HDR,CC,O,PUB See attached Morgan Ranch Master Plan for details Enjoy the spacious land with a charming 1200 SF home including a full size basement. A separate garage for RV's or toys and a two car garage attached to a sweet apartment style unit. A good size shop and acres to lease for agriculture. Your investment could be rewarded immensely as this property is the only parcel in the Morgan Ranch master plan with THREE zones for the maximum return on investment.This property can be approved to split the lot. Buyer responsible to investigate all terms.DONT MISS THE MATTERPORT 3D PHOTOS AND THE VIDEO ATTACHED!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 359,806 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
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 | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 1,200 | 1,352 | 32% |
| Lot Size | 359,806 | 7,000 | 97% |
| Price | $2.50M | $435.0K | 99% |
| Price per sq ft | $2.1K | $316 | 99% |
| Built year | 1946 | 1967 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 226 | 159 | 78% |
Pricing History
Listed for Sale
Jul 24, 2025
$2,500,000
Initial Listing