
Turlock, CA 95380
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.
Property is moderate renovation needed.
Built in 1946, the home is well-maintained and functional but remains largely in an outdated state. The kitchen features older wood cabinetry and white appliances, while the bathroom and living areas retain mid-century styling with older light fixtures and flooring. While the property is livable and 'charming' as described, it lacks the modern renovations required for a higher rating, and its primary value lies in the land's development potential.
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.
As a key parcel in the Morgan Ranch Master Plan, this property features rare triple zoning (HDR, CC, O, PUB), offering unparalleled investment flexibility and high-density ROI potential.
The property boasts significant exposure to Highway 99, providing high visibility and accessibility that is essential for future commercial and mixed-use success.
The $2.5 million asking price is heavily weighted toward future land value and development rights rather than the current 1946 residential structures, which may require significant updates.
Maximum return on investment is contingent upon the City of Turlock's infrastructure execution and the long-term rollout of the Morgan Ranch Master Plan, requiring buyer patience and regulatory navigation.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,200 | 1,695.026 |
| Lot Size | 359,806 | 6,898.184 |
| Price | $2.50M | $532.2K |
| Price per sq ft | $2.1K | $306 |
| Built year | 1946 | 1988 |
| HOA | $0 | $246 |
| Days on market | 418 | 43 |
Jul 18, 2025
$2,500,000
Initial Listing