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$1,200,000
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Property Description
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.
Full Property Details
Full Property Details for 418 Locust St
General
- Sold For: $1,200,000
- Status: Closed
- Type: Multi-Family
- Source: METROLIST_Cali
- MLS ID: 225120149
- Added to Site: 125 day(s) ago
Interior
- Appliances: Ice Maker, Microwave
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: In Each Unit
Parking
- Parking: Attached, Carport, Garage
Location
- Area: 20304
- County: Stanislaus
- Cross Streets: Castor
- Driving Directions: From Hwy 99, exit Fulkerth Rd east. Turn right on Main St, then left on Locust St to property.
School Information
- School District: Stanislaus
- Elem School District: Turlock Unified
- Midd School District: Turlock Unified
- High School District: Turlock Unified
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Architectural Style: A-Frame
- Construction: Stucco, Frame, Wood
- Foundation: Concrete
- Stories/Levels: 0
- Square Feet: 5,400
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 1960
Unit Information
Unit 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.4821
- Lot Size (Sq. Ft.): 21,000
- Irrigation System: None
- Zoning: RM (Medium Density Residential) TMC 9-3-200
- Lot Description: Sidewalk, Landscape Front, Other
Disclosures and Reports
- Special Conditions: None
- APN: 050-027-040-000
Listed by Atlantic Realty
Sold by Reva Blue Realty, Inc.
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Schools
Schools serving 418 Locust St
School District:Turlock Unified School District
| Name | Grades | Distance |
|---|---|---|
Marvin A. Dutcher Middle School 1441 Colorado Avenue, Turlock, CA 95380 | 6-8 | 1.4 mi |
Turlock Junior High School 3951 North Walnut Road, Turlock, CA 95382 | 7-8 | 2.9 mi |
Turlock High School 1600 East Canal Drive, Turlock, CA 95380 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 418 Locust St
Date
Details
Price
Change
Source
11/21/2025
Sold
$1,200,000
-5.88%
MLS
9/12/2025
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
418 Locust Street, Turlock, CA 95380 (MLS# 225120149) is a Multi-Family property that was sold at $1,200,000 on November 21, 2025. Want to learn more about 418 Locust Street? Do you have questions about finding other Multi-Family real estate for sale in Turlock? You can browse all Turlock real estate or contact a Coldwell Banker agent to request more information.

