Description
Exceptional opportunity to acquire a nearly shovel ready multi unit compound in the heart of Brea with plans already submitted to the city. This property is being offered with a unique build to suit structure, where the seller is also the builder, allowing buyers to collaborate on construction and customize finishes while avoiding the complexities of managing their own build. The proposed project includes four...(Asking price is for the house only. Construction will be done with seperate agreement)
Exceptional opportunity to acquire a nearly shovel ready multi unit compound in the heart of Brea with plans already submitted to the city. This property is being offered with a unique build to suit structure, where the seller is also the builder, allowing buyers to collaborate on construction and customize finishes while avoiding the complexities of managing their own build. The proposed project includes four total units consisting of a main residence, a Junior ADU, a detached ADU, and an SB9 unit. The front home is designed to be converted into a two story structure, significantly increasing total living area and maximizing the full potential of the lot. Once completed, the property will function as a true compound with flexible living options and strong long term value. Sale of the property is contingent upon construction of the project by the seller, providing buyers a streamlined path to ownership with a trusted build process already in place. This setup is ideal for owner users seeking multi generational living, investors looking for multiple income streams, or buyers wanting to secure a rare Orange County compound without starting from scratch. Prime Brea location close to top rated schools, shopping, dining, and convenient freeway access. Opportunities with submitted plans, multiple units, and a builder led execution are extremely rare.
- Listed by Jakob Reed • DRE #02124837 • Brokerage DRE #01890152 • Investment Experts Inc
Property Details for 138 Locust Street
Property Details for 138 Locust Street
| Status | Active |
|---|---|
| MLS # | RS26018550 |
| Days on Market | 2 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1952 |
| Lot Size | 0.19 AC / 8,418 SF |
| County | Orange County |
Location
Building Information for 138 Locust Street
Payment Calculator
$4,960 per month
30 year fixed, 6.15% Interest
$4,869
$91
$0
Property Information for 138 Locust Street
- Tax Tract Number: 1600
- CFD/Mello-Roos Fee: $392
- Tax Lot: 45
- Assessments YN: No
- Assessments: None
- Community Features: Biking, Curbs, Park
- Appliances: Convection Oven, Dishwasher, Freezer, Gas & Electric Range
- Equipment: Dishwasher, Dryer, Washer, Convection Oven, Freezer, Gas & Electric Range
- Room Type: Kitchen, Laundry, Main Floor Bedroom
- Main Level Bathrooms: 2
- Main Level Bedrooms: 3
- Bedroom Features: Main Floor Bedroom
- Room Kitchen Features: Quartz Counters
- Laundry: Yes
- Laundry Features: Dryer Included, Washer Included
- Fireplace Features: None
- Fireplace Rooms: None
- Fireplace: N/K
- Cooling: Central Air
- Heating Type: Central
- Heating: Central
- Heat Equipment: Forced Air Unit
- Entry Location: Front
- Structure Type: House
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Lot Features: Level
- Lease Considered: No
- Available For Lease: No
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Sewer: Public Sewer
- Sewer/Septic: Public Sewer
- Garage Spaces: 2
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Attached Garage: No
- Residential Styles: Detached
- Residential Unit Location: No Common Walls
Property History for 138 Locust Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 31, 2026 | Listed (Active) CLAW #RS26018550MR | $999,000 | — |
| Jan 31, 2026 | Listed (Active) CRMLS #RS26018550 | $999,000 | — |
| Jan 26, 2026 | Listed (Active) SDMLS #RS26018550 | $999,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/31/2026 | Listed (Active) CLAW #RS26018550MR | $999,000 |
| 01/31/2026 | Listed (Active) CRMLS #RS26018550 | $999,000 |
| 01/26/2026 | Listed (Active) SDMLS #RS26018550 | $999,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 138 Locust Street
Schools near 138 Locust Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 6 |
Rating | School | Distance |
|---|---|---|
Arovista Elementary School PublicK to 6 | ||
Brea Junior High School Public7 to 8 | ||
Brea-Olinda High School Public9 to 12 | ||
BOUSD Online Academy PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Investment Experts Inc, Jakob Reed, DRE #02124837
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.