871 Vermont Avenue, Turlock, CA 95380
Local realty services provided by:ERA Carlile Realty Group
871 Vermont Avenue,Turlock, CA 95380
$2,145,000
- - Beds
- - Baths
- 4,287 sq. ft.
- Multi-family
- Active
Listed by: jordan amarant
Office: pmz commercial real estate
MLS#:226034517
Source:MFMLS
Price summary
- Price:$2,145,000
- Price per sq. ft.:$500.35
About this home
871-897 Vermont Avenue is a diversified multifamily investment opportunity located in Turlock. The property consists of nineteen (19) income-producing units, including nine (9) 2-bedroom/1-bath units, one (1) 1-bedroom/1-bath unit, and nine (9) trailer home stalls, offering a balanced mix of traditional multifamily and land-lease income streams. Situated on approximately 1.34 acres, the property provides strong in-place cash flow with additional upside potential. Constructed in 1979-1983, the apartment units have been well maintained, with nine of the ten units extensively remodeled between 2019 and 2020. Renovations include modernized interiors, while all units feature central heating and air conditioning. The property also includes an on-site coin-operated laundry facility and six (6) personal storage closets, presenting additional income opportunities. With both unit and trailer stall rents currently below market levels, investors have a clear path to increasing net operating income through mark to market rent adjustments. The diversified unit mix and multiple income streams make it an attractive option for investors seeking both stability and growth....
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Home facts
- Year built:1983
- Listing ID #:226034517
- Added:6 day(s) ago
- Updated:March 28, 2026 at 02:40 PM
Rooms and interior
- Flooring:Varies by Unit
- Kitchen Description:Free Standing Electric Oven
- Living area:4,287 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Natural Gas
Structure and exterior
- Year built:1983
- Building area:4,287 sq. ft.
- Lot area:1.37 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,145,000
- Price per sq. ft.:$500.35
Features and amenities
- Appliances:Free Standing Electric Oven
- Laundry features:In Common Area
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