
Turlock, CA 95380
This Value-Add Quadruplex represents a significant Residential Income opportunity with a List Price of $869,974. While currently positioned above the $639,553 Fair Market Value, the property offers a substantial 3,728 square feet of living space on an expansive 19,310 square foot lot. With a Condition Rating of 5, this 1948-built asset requires comprehensive rehabilitation to address deferred maintenance and aging infrastructure. The generous lot size and multi-unit configuration provide a massive canvas for forced appreciation through strategic modernization. This project is best suited for Fix-and-Flip Investors or Contractors looking to revitalize a high-capacity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 494 WAYSIDE Drive Subject | $869,974* List Price | 0 | 0 | 3,728 | $172 | - |
A 307 Almond Avenue Sold | $890,000 | 8 | 8 | 3,514 | $253 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this quadruplex shows significant signs of deferred maintenance and aging infrastructure. The listing description explicitly labels it as a 'fixer-upper' and a 'canvas for transformation,' indicating that substantial repairs and rehabilitation are required. Exterior images reveal weathered stucco, outdated window AC units, and worn eaves, suggesting that major systems and structural components likely need replacement or significant updates to meet modern standards.
As a quadruplex with over 3,700 square feet of living space, this property offers a robust foundation for generating significant rental income across four separate units.
Situated on a generous 19,310 square foot lot, the property provides ample space for potential expansion, additional parking, or the development of outdoor tenant amenities.
The property serves as an ideal 'fixer-upper' for investors, offering substantial room to build equity through strategic renovations and modernization.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19310, other record lot size in square feet = 19166.
The listing indicates the property requires a 'vision' and 'transformation,' suggesting that a substantial capital investment is needed for repairs and updates.
Built in 1948, the residence may feature dated systems and structural elements that could require costly upgrades to comply with current building codes.
Located at 494 WAYSIDE Dr, Turlock, CA, this multi-family residence presents an exceptional opportunity for those with a vision. This property is a great option for investors and handy homeowners alike, offering a canvas for transformation and value creation. With a generous 3728 square feet of living area, this property provides substantial space to reimagine and revitalize. This is a great investment property, brimming with potential to become a valuable asset.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 5.0 | 29% |
| Baths | 0.0 | 4.0 | 29% |
| Square foot | 3,728 | 2,507 | 86% |
| Lot Size | 19,310 | 13,151 | 71% |
| Price | $870.0K | $815.0K | 57% |
| Price per sq ft | $233 | $254 | 29% |
| Built year | 1948 | 1959 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 217 | 14% |
Nov 25, 2025
$869,974
Initial Listing