Located at 4404 Manchester Avenue, Stockton, CA, Townhouse Pacifica Apartments presents a prime investment opportunity in a growing rental market. This well-maintained 38-unit building, consisting 37 of two-bedroom units and 1 unit of four-bedroom, offers stable cash flow and long-term appreciation. With low vacancy rates and strong tenant demand, the property provides reliable income.The property's location near major employment centers, San Joaquin Delta College, and the University of the Pacificjust a 10-minute walk awaymakes it highly appealing to renters. Easy access to Interstate 5 ensures quick commutes to Sacramento, San Jose, and San Francisco, while Downtown Stockton, just 3 miles away, offers convenient dining, shopping, and entertainment options.Situated in the desirable Weberstown/Kentfield neighborhood, the property benefits from nearby parks, shopping centers, and restaurants, attracting a diverse tenant base. This diversity enhances its resilience against economic fluctuations.With rising property values and rental rates in Stockton, the property offers significant upside potential through renovations and upgrades, ensuring strong returns and future growth.
Duplex located in Lincoln Unified district.2 units 2 bedroom & 1 bath each. Lots of potential .
For Sale: Five-Unit Property in Stockton, CA** Investor opportunity! This well-maintained five-plex offers four 1 bed 1 bath and One 2 bed/1 bath unit with updates. Features include on-site parking, shared coin operated laundry, and a prime location near shops, dining, and freeways. Walking distance to Delta College , UOP and Lincoln Shopping center that has Starbucks, Trader Joes and so much more. Strong rental demand in growing area and great income potential.
6.09% Cap Rate and a Gross Rent Multiplier of 8.21, located in Lincoln Unified School District. Close to Swenson Golf Course. Large 1,295 square foot units, 3 bed, 2 bath, (2) 2-car garages. Units are "month to month" and fully occupied. Two HVAC systems were replaced, 1-2021/1-2022). Tenants pay all utilities including electric, garbage, water, cable, trash and sewer. All units rents were last increased 11/2023.
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 95207 has a population of 317,818. Stockton 95207 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 95207 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 95207 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.