CA > Turlock
Turlock, CA 95380,418 Locust ST
Turlock, CA 95380,418 Locust ST
Turlock, CA 95380,418 Locust ST
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$1,275,000
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5,400 SqFt
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418 Locust ST Turlock, CA 95380

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Kimberly Bankston-Lee

Kimberly Bankston-Lee

+1(916) 265-4331

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $236

MLS Listing ID 225120149

HOA Y/N No

Year Built 1960

Lot Size 0.482 Acres

Acres 0.4821

Property Sub-Type 5 or More Units

Source MLS Metrolist

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.

Location

State CA

County Stanislaus

Area 20304

Direction From Hwy 99, exit Fulkerth Rd east. Turn right on Main St, then left on Locust St to property.

Interior

Heating Wall Furnace

Laundry In Each Unit

Exterior

Utilities Available Other

Water Access Desc Public

Building

Lot Description Sidewalk, Landscape Front, Other

Foundation Concrete

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Schools

Elementary Schools Turlock Unified

Middle Schools Turlock Unified

High Schools Turlock Unified

School District Stanislaus

Others

Senior Community No

Tax ID 050-027-040-000

Special Listing Condition None

MetroList® Services, Inc
Listed by Atlantic Realty

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Kimberly Bankston-Lee

Kimberly Bankston-Lee

REALTOR | License ID: 02049965

+1(916) 265-4331

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418 Locust ST