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.
Closed
Tax assessed value
$1,200,000
418 Locust St, Turlock, CA 95380
9beds
5,400sqft
5 or More Units
Built in 1960
-- sqft lot
$1,195,300 Zestimate®
$222/sqft
$1,342 Estimated rent
Home value
$1,195,300
$1.09M - $1.31M
$1,342/mo
Zestimate® history
Owner options
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$1,342/mo
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$1,342/mo
Rent Zestimate®
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$7,581/mo
Est. payment
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$7,581/mo
Est. payment
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List your homeWhat's special
New shower surroundsGranite countertopsUpgrades including tile flooring
Zillow last checked:
Listing updated:
Listed by:
Alexander Espinoza DRE #02174855 209-450-2061,
Atlantic Realty
Bought with:
Satnam Singh, DRE #01725504
Reva Blue Realty, Inc.
Source: MetroList Services of CA,MLS#: 225120149Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), Wall Unit(s), Window Unit(s)
Appliances
- Included: Ice Maker, Microwave
- Laundry: In Unit
Features
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total structure area: 0
- Total interior livable area: 5,400 sqft
Property
Parking
- Parking features: Attached, Carport, Garage
- Has attached garage: Yes
- Has carport: Yes
Lot
- Size: 0.48 Acres
- Features: Sidewalk, Landscape Front, Other
Details
- Parcel number: 050027040000
- Zoning: RM (Medium Density Residential) TMC 9-3-200
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: 5 or More Units
Materials
- Stucco, Frame, Wood
- Foundation: Concrete
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Turlock
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $1,200,000
- Price range: $1.2M - $1.2M
- Date on market: 9/12/2025
- Income includes: Rent Only
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $1,200,000-5.9%$222/sqft |
Source: MetroList Services of CA #225120149 Report a problem | ||
| 9/16/2025 | Pending sale | $1,275,000$236/sqft |
Source: MetroList Services of CA #225120149 Report a problem | ||
| 9/12/2025 | Listed for sale | $1,275,000+264.3%$236/sqft |
Source: MetroList Services of CA #225120149 Report a problem | ||
| 5/1/2013 | Sold | $350,000$65/sqft |
Source: MetroList Services of CA #12052715 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,200,000 +178.4% |
| 2025 | $4,628 +1.9% | $430,989 +2% |
| 2024 | $4,542 +0.2% | $422,539 +2% |
| 2023 | $4,535 +1.3% | $414,255 +2% |
| 2022 | $4,478 +1.5% | $406,133 +2% |
| 2021 | $4,412 +0.7% | $398,170 +1% |
| 2020 | $4,382 +1.7% | $394,089 +2% |
| 2019 | $4,308 +0.1% | $386,363 +2% |
| 2018 | $4,305 +2.4% | $378,788 +2% |
| 2017 | $4,204 +7.1% | $371,361 +2% |
| 2016 | $3,926 +0.9% | $364,080 +1.5% |
| 2015 | $3,893 +1% | $358,612 +2% |
| 2014 | $3,854 | $351,588 +85.8% |
| 2012 | -- | $189,193 |
| 2011 | -- | $189,193 +0.8% |
| 2010 | -- | $187,780 -0.2% |
| 2009 | -- | $188,225 +2% |
| 2008 | -- | $184,535 +2% |
| 2007 | -- | $180,918 +2% |
| 2006 | -- | $177,372 +2% |
| 2005 | -- | $173,895 +2% |
| 2004 | $1,841 +3.8% | $170,486 +1.9% |
| 2003 | $1,774 | $167,362 +2% |
| 2002 | -- | $164,080 +2% |
| 2001 | $1,718 +1.4% | $160,862 +2% |
| 2000 | $1,695 | $157,708 |
Find assessor info on the county website
Neighborhood: 95380
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Nearby schools
GreatSchools rating
- 3/10Cunningham Elementary SchoolGrades: K-6Distance: 0.8 mi
- 7/10Marvin A. Dutcher Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Turlock High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,195,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,195,300
- California
- Stanislaus County
- Turlock
- 95380
- 418 Locust St
