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418 Locust Street, Turlock, CA 95380

418 Locust Street, Turlock, Stanislaus, CA, 95380
2 months ago
Views: 2

$1,275,000(Negotiable)

Overview

3473172

Type

5 or More Units

Parking

Sqft

5400

Build Year

1960

Purpose

For Sale

About This Listing

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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MetroList CA data Last Updated: October 30, 2025, 4:15 am

Data Source: SACM