$1,200,000
SOLD NOV 21, 2025
9 Beds
1 Bath
5,400 Sq Ft
0.48 Acres

Recently Sold

$222 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • 0.48 Acre Lot
  • No HOA
  • Attached Garage
  • A-Frame Home
  • Balcony
  • Tile Flooring

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Alexander Espinoza

Atlantic Realty License #02174855 Listed on: 09/12/2025

Last Buyer's Agent

Satnam Singh

Reva Blue Realty, Inc. License #01725504

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot
  • Landscaped

Home Design

  • A-Frame Home
  • Concrete Foundation
  • Frame Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Microwave
  • Ice Maker

Flooring

  • Carpet
  • Tile

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 050-027-040-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Building Details

  • 9 Leased Units
  • 9 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1960
  • Architectural Style: A-Frame
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Ice Maker, Microwave
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 222.22
  • Square Footage: 5400.00

Exterior Features

  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1275000.00
  • Lot Features: Sidewalk, Landscape Front, Other
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Attached, Carport, Garage

Utilities

  • Security: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Turlock Unified

Lot Info

  • Zoning: RM (Medium Density Residential) TMC 9-3-200
  • Irrigation: None
  • Lot Size Acres: 0.4821
  • Lot Size Sq Ft: 21000.00

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 9
  • Number of Month to Month Units: 9
  • Number of Units: 9

Tax Info

  • Assessor Parcel Number: 050-027-040-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2025
Closed on
Nov 14, 2025
Sold by
Da Orrick Llc
Bought by
Jars Ca Llc
Seller's Agent
Alexander Espinoza
Atlantic Realty
Buyer's Agent
Satnam Singh
Reva Blue Realty, Inc.
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.42%

Purchase Details

Closed on
Nov 6, 2015
Sold by
Hogan Jonathan S and Hogan Patrick J
Bought by
Da Orrick Llc

Purchase Details

Closed on
Nov 27, 2014
Sold by
Da Orrick Llc
Bought by
Hogan Jonathan S and Hogan Patrick J

Purchase Details

Listed on
Aug 24, 2012
Closed on
Apr 25, 2013
Sold by
Costley Donald and Costley Sharon
Bought by
Da Orrick Llc
Seller's Agent
Debra Goforth
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Debra Goforth
Berkshire Hathaway HomeServices-Drysdale Properties
List Price
$439,000
Sold Price
$350,000
Premium/Discount to List
-$89,000
-20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Costley Donald O and Costley Sharon D
Bought by
Costley Donald and Costley Sharon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,200,000 First American Title
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $350,000 Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Sold $1,200,000 -5.9% $222 / Sq Ft
09/15/2025 09/15/25 Pending -- -- --
09/12/2025 09/12/25 For Sale $1,275,000 +264.3% $236 / Sq Ft
05/01/2013 05/01/13 Sold $350,000 -20.3% $146 / Sq Ft View Prior Sale
03/06/2013 03/06/13 Pending -- -- --
08/24/2012 08/24/12 For Sale $439,000 -- $183 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,628 $430,989 $73,880 $357,109
2024 $4,542 $422,539 $72,432 $350,107
2023 $4,535 $414,255 $71,012 $343,243
2022 $4,478 $406,133 $69,620 $336,513
2021 $4,412 $398,170 $68,255 $329,915
2020 $4,382 $394,089 $67,556 $326,533
2019 $4,308 $386,363 $66,232 $320,131
2018 $4,305 $378,788 $64,934 $313,854
2017 $4,204 $371,361 $63,661 $307,700
2016 $3,926 $364,080 $62,413 $301,667
2015 $3,893 $358,612 $61,476 $297,136
2014 $3,854 $351,588 $60,272 $291,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225120149

MetroList

APN: 050-27-40