418 Locust Street, Turlock, CA 95380

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
418 Locust Street,Turlock, CA 95380
$1,275,000
  • - Beds
  • - Baths
  • 5,400 sq. ft.
  • Multi-family
  • Pending
Listed by:alexander espinoza
Office:atlantic realty
MLS#:225120149
Source:MFMLS

Price summary

  • Price:$1,275,000
  • Price per sq. ft.:$236.11

About this home

Welcome to the Locust Street Apartments, a well-positioned multifamily asset located in the heart of Turlock just off Main St. & Lander. The property consists of nine 1-bedroom, 1-bathroom units situated on 0.48 acres, offering both stability and upside potential. The owner has fully remodeled seven of the nine units, with upgrades including tile flooring, granite countertops, new shower surrounds, and other modern finishes, while the remaining two units have been partially renovated. With a long- term, stable tenant base with an average of over five years of residency, this turnkey property provides reliable cash flow. Additionally, current lease rates are approximately 18% below market, ensuring strong rent growth potential and maximizing returns for the foreseeable future.

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Home facts

  • Year built:1960
  • Listing ID #:225120149
  • Added:15 day(s) ago
  • Updated:September 28, 2025 at 07:17 AM

Rooms and interior

  • Living area:5,400 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1960
  • Building area:5,400 sq. ft.
  • Lot area:0.48 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,275,000
  • Price per sq. ft.:$236.11
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 28, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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