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Active
  • Price cut: $129.5K (9/3)
    $1,870,000

    871 Vermont Ave, Turlock, CA 95380

    --beds
    0baths
    4,287sqft
    : 
    $12,408/mo
    Get pre-qualified
    5 or More Units
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $436/sqft
    $-- HOA

    What's special

    Modernized interiorsPersonal storage closetsOn-site coin-operated laundry facility
    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.
    192 days
    332
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Amarant DRE #01911219 209-345-8209,

    PMZ Commercial Real Estate

    Source: MetroList Services of CA,MLS#: 226034517Originating MLS: MetroList Services, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Free-Standing Electric Oven
      • Laundry: Common Area
      Features
      • Flooring: Varies
      • Has fireplace: No
      Interior area
      • Total interior livable area: 4,287 sqft

      Property

      Parking
      • Parking features: See Remarks
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 1.37 Acres
      • Features: Other
      Details
      • Parcel number: 050035004000
      • Zoning: residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5 or More Units
      Materials
      • See Remarks
      • Foundation: See Remarks
      Condition
      • Year built: 1983

      Utilities & green energy

      • Sewer: See Remarks
      • Water: See Remarks
      • Utilities for property: Other

      Community & HOA

      Location
      • Region: Turlock

      Financial & listing details

      • Price per square foot: $436/sqft
      • Tax assessed value: $518,775
      • Price range: $1.9M - $1.9M
      • Date on market: 3/21/2026
      • Income includes: See Remarks

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,208/mo

        Price history

        DateEventPrice
        9/3/2026Price change$1,870,000-6.5%$436/sqft
        Source: MetroList Services of CA #226034517 Report a problem
        7/11/2026Price change$1,999,500-6.8%$466/sqft
        Source: PMZ Real Estate #226034517 Report a problem
        3/21/2026Listed for sale$2,145,000+10625%$500/sqft
        Source: MetroList Services of CA #226034517 Report a problem
        12/18/2002Sold$20,000$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $518,775 +2%
        2025$5,460 +1.9%$508,604 +2%
        2024$5,358 +0.2%$498,633 +2%
        2023$5,350 +1.3%$488,857 +2%
        2022$5,283 +1.5%$479,272 +2%
        2021$5,205 +0.7%$469,875 +1%
        2020$5,169 +1.7%$465,058 +2%
        2019$5,082 +310.2%$455,940 +320.8%
        2018$1,239 +5.3%$108,348 +4.9%
        2017$1,177 +7%$103,283 +2%
        2016$1,100 +2.1%$101,259 +1.5%
        2015$1,077 $99,739 +2%
        2014$1,077 $97,787 +4.5%
        2012-- $93,568
        2011-- $93,568 +0.8%
        2010-- $92,870 -0.2%
        2009-- $93,089 +2%
        2008-- $91,264 +2%
        2007-- $89,476 +2%
        2006-- $87,722 +2%
        2005-- $86,003 +2%
        2004$911 +199.7%$84,318 +194.1%
        2003$304 $28,671 +24%
        2002-- $23,118 +2%
        2001$242 +1.4%$22,665 +2%
        2000$239 $22,220
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95380

        Getting around

        56 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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