Lee & Associates is pleased to present 1036 N Olive Avenue in Turlock, CA – an 8-unit multifamily community offering immediate rental income with future upside. The property is comprised of seven (7) 1-bed/1-bath units and one (1) 2-bed/1-bath unit, spread across four (4) separate buildings on over half an acre. Four units have been fully renovated with brand-new flooring, modern kitchens, and updated bathrooms, while two additional units are currently undergoing extensive renovations. Two units are currently undergoing renovations, while two additional units remain available for future improvements, giving the next owner a clear path to further value creation. Each unit is separately metered for gas and electricity, features washer/dryer hookups, and offers private yard space—a rare amenity that enhances tenant appeal. Parking is abundant, with carports for most units and a garage for the 2-bedroom unit. The property benefits from its residential neighborhood feel while remaining close to local conveniences. Tenants enjoy proximity to California State University, Stanislaus, Donnelly Park, shopping centers, schools, and Turlock’s dining and retail amenities. Easy access to Highway 99 further connects residents to the broader Central Valley. With recent improvements completed, renovations underway, and additional units available for updates, 1036 N Olive Ave represents a compelling opportunity for investors seeking stable rental income with built-in upside and long-term growth potential in the Turlock market.