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1173 Alpha Rd 4 Unit Apartment Building $750,000 ($187,500/Unit) Turlock, CA 95380
Executive Summary
1173 Alpha Road is a fully occupied, stabilized fourplex consisting of four townhome-style, two-story residences. Every unit offers a consistent two-bedroom, one-and-one-half-
bathroom layout, providing residents with the privacy and separation associated with a townhome oor plan. The property also includes approximately six on-site parking spaces and a dedicated laundry room.
The property is located only a few blocks from beautiful Downtown Turlock and near shopping, dining, schools, grocery stores, Rite Aid, Smart & Final, and other daily services. California State University, Stanislaus serves as a major educational and employment anchor and contributes to Turlock's long-term housing demand and economic stability.
All four units are currently occupied, providing established in-place rental income from a diversied four-unit tenant base. The uniform unit mix, stabilized occupancy, central location, parking, laundry facilities, and proximity to the university support the property's long-term multifamily investment appeal.
bathroom layout, providing residents with the privacy and separation associated with a townhome oor plan. The property also includes approximately six on-site parking spaces and a dedicated laundry room.
The property is located only a few blocks from beautiful Downtown Turlock and near shopping, dining, schools, grocery stores, Rite Aid, Smart & Final, and other daily services. California State University, Stanislaus serves as a major educational and employment anchor and contributes to Turlock's long-term housing demand and economic stability.
All four units are currently occupied, providing established in-place rental income from a diversied four-unit tenant base. The uniform unit mix, stabilized occupancy, central location, parking, laundry facilities, and proximity to the university support the property's long-term multifamily investment appeal.
Property Facts
| Price | $750,000 | Building Class | C |
| Price Per Unit | $187,500 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 3,344 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1969 |
| Property Subtype | Apartment | Parking Ratio | 0.83/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-L, Turlock | ||
| Price | $750,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,344 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | R-L, Turlock |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 043-29-37 | Improvements Assessment | $236,212 |
| Land Assessment | $64,533 | Total Assessment | $300,745 |
Property Taxes
Parcel Number
043-29-37
Land Assessment
$64,533
Improvements Assessment
$236,212
Total Assessment
$300,745
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