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Charming 1900 Craftsman-style fourplex located in the heart of Stockton, just minutes from the vibrant Miracle Mile and University of the Pacific. This unique property features two spacious 2-bed/1-bath units on the top floor with balcony and two well-sized 1-bed/1-bath units on the bottom, all with in-unit laundry. Situated on a 5000 sqft lot, each unit offers ample living space and is currently occupied by long-term tenants, ensuring steady rental income. Enjoy proximity to Stockton's downtown waterfront improvements and the local baseball park, making this a prime investment opportunity for those seeking long-term rental potential!
Nice income property with lots of potential. Walking distance to Victory Park, local neighborhood shopping, public transportation nearby.
Great investment opportunity, conveniently located in a cul-de-sac, close to freeway access, Pixie Woods Children's Park, and minutes from Stockton Downtown Marina! This triplex is newly updated with 2 vacant units and 1 tenant occupied. Each unit boasts 2 spacious bedrooms, 1 bath, 1 garage space, and large private backyard. Whether you're buying as an investment property or as your primary residence, there is lucrative potential cash flow! Don't miss out on this opportunity! Please do not disturb current tenants.
Great Opportunity! To own an investment property, close to downtown Stockton with a Cap rate of over 6.8% with opportunity to increase rents. This 22-unit apartment building consists of 3 two bedrooms, 11 one bedrooms, and 8 studios. Property has been completely renovated and most units have tile flooring, dual pane windows, Granite Countertops/New kitchen. Recent improvements include 12 remodeled units 2022/2023 Multiple units with new appliances, All units wall heater maintenance, weatherproofing performed 2022/2023 Multiple units drain lines upgraded to ABS. 2023 Exterior painting of all buildings, metal fence, & railing, 623 N Edison electric panel completely rewired to bring up to code, Newer 270K BTU Commercial water heater & new 100ft 1 1/4 gas pipe to water heater from meter, roof waterproofing, gutters and inspection report available for 627 N Edison. Section of new gutters and downspout installed at 623 N Edison. 2021 new CPVC hot water pipe to 627 N Edison, New wooden staircase 627 N Edison. 2020 new 110 linear feet ABS sewer lines to city main sewer connection. A MUST SEE! See Memorandum attached.
Triplex for Sale in Downtown Stockton: Remodeled in 2023, this triplex offers a gross monthly rent of $3,615. They include Unit 436 (1 bed/1 bath 393 sqft) at $1,170/month, Unit 438 (studio, 510 sqft) at $1,095/month, and Unit 440 (1 bed/1 bath, 774 sqft) at $1,350/month. Tenants pay their own PGE, while the landlord covers water, sewer, and solid waste. The property also has a big backyard. Located next to Gleason Park and Spanos Elementary School, this property is a great investment with outstanding cash flow. Vacant photos were taken in 2023 when remodeling.
406 S. Sutter Street Stockton Ca 95203 is a four-unit building. Market rents are over 4800 a month, current long term tenants with 3810 rents and 650 utility income. Loans for fourplex non owner require 25% down, SELLER IS NOT OFFERING CREATIVE FINANCING. Plan your portfolio with this Semi updated Fourplex with new roof in 2021, new exterior paint, and dual pane windows. This investment offers off street paved parking, fenced corner lot with additional parking. Two 2/1 two 1/1 with rental income of 3810 total and an additional 650 utility occupants payments. This is a high cap rate in this market. Good long term occupants, who pay a stipend towards utilities in addition to rent. Again, Seller is NOT offering financing, or terms. The sale is as is and lowball offers they have instructed NOT to be presented. This offers above market cash flow, and is one of the few cap rates higher then going interest rate.
The median home value in Stockton, CA is $426,500. This is lower than the county median home value of $501,300. The national median home value is $338,100. The average price of homes sold in Stockton, CA is $426,500. Approximately 47.83% of Stockton homes are owned, compared to 45.65% rented, while 6.51% are vacant. Stockton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Stockton real estate agent to arrange a tour today!
Stockton, California 95203 has a population of 317,818. Stockton 95203 is less family-centric than the surrounding county with 31.62% of the households containing married families with children. The county average for households married with children is 36.35%.
The median household income in Stockton, California 95203 is $63,916. The median household income for the surrounding county is $74,962 compared to the national median of $69,021. The median age of people living in Stockton 95203 is 33 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 38 degrees. The average rainfall is approximately 17 inches per year, with 0 inches of snow per year.