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1590 N Denair Ave 4 Unit Apartment Building $1,049,000 ($262,250/Unit) 5.67% Cap Rate Turlock, CA 95380
Investment Highlights
- New roof 2023
Executive Summary
Prime corner lot investment opportunity featuring four income-producing units across two buildings.
The front building includes a charming 3BR/2BA main house (1,720 SF) plus an attached 2BR/1BA unit (736 SF).
The rear two-story duplex offers two identical 2BR/1.5BA units (1,060 SF each) with separate access on N Denair.
Recent Improvements:
• New roof on Main building (2023)
• One unit extensively remodeled with new bathroom, AC, and water heater
• Ample parking for all units
Perfect investment opportunity in an established neighborhood.
The front building includes a charming 3BR/2BA main house (1,720 SF) plus an attached 2BR/1BA unit (736 SF).
The rear two-story duplex offers two identical 2BR/1.5BA units (1,060 SF each) with separate access on N Denair.
Recent Improvements:
• New roof on Main building (2023)
• One unit extensively remodeled with new bathroom, AC, and water heater
• Ample parking for all units
Perfect investment opportunity in an established neighborhood.
Data Room Click Here to Access
Property Facts
| Price | $1,049,000 | Property Subtype | Apartment |
| Price Per Unit | $262,250 | Apartment Style | Garden |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 5.67% | Building Size | 4,576 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2024 |
| Zoning | RM - Residential Medium Density | ||
| Price | $1,049,000 |
| Price Per Unit | $262,250 |
| Sale Type | Investment |
| Cap Rate | 5.67% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.31 AC |
| Building Size | 4,576 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2024 |
| Zoning | RM - Residential Medium Density |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | 736 |
| 2+1.5 | 2 | - | 1,060 |
| 3+2 | 1 | - | 1,720 |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 042-45-02 | Improvements Assessment | $550,800 |
| Land Assessment | $239,700 | Total Assessment | $790,500 |
Property Taxes
Parcel Number
042-45-02
Land Assessment
$239,700
Improvements Assessment
$550,800
Total Assessment
$790,500
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Contact the Sale Advisor
1590 N Denair Ave