Great opportunity to own good income producing Triplexes. Seller owns two triplexes (ML81978352 & ML81978348 ) and buyer can buy only one or both Triplexes together. 9556 Kelley Dr Stockton : $645,000 (2945 Sq ft built area. 7000 Sq ft lot.) , 9568 Kelley Dr Stockton: $655,000 (2945 Sq ft built area. 7478 Sq ft lot.) Each Triplex has One 3 bedroom, 2 baths and Two 2 bedrooms 2 baths:Total 7 Bedrooms and 6 Baths. Year Built : 1980 Excellent opportunity to generate passive income. All units are leased. All units have wood burning fireplaces. Nice size yard. Desired Lodi School District. Most of the flooring is either tiles or vinyl and kitchens are also remodeled. This property is in a convenient and excellent position close to Hammer Lane shopping, public transportation and quick Hwy 99/ I-5 access. Seller owned these two properties for about 10 years. Proforma's cap rate can be 6.91% as per current market rents. Seller didn't revise the rents to match with the current market rents.
Great opportunity to own good income producing Triplexes. Seller owns two triplexes (ML81978352 & ML81978348 ) and buyer can buy only one or both Triplexes together. 9556 Kelley Dr Stockton : $645,000 (2945 Sq ft built area. 7000 Sq ft lot.) , 9568 Kelley Dr Stockton: $655,000 (2945 Sq ft built area. 7478 Sq ft lot.) Each Triplex has One 3 bedroom, 2 baths and Two 2 bedrooms 2 baths:Total 7 Bedrooms and 6 Baths. Year Built : 1980 Excellent opportunity to generate passive income. All units are leased. All units have wood burning fireplaces. Nice size yard. Desired Lodi School District. Most of the flooring is either tiles or vinyl and kitchens are also remodeled. This property is in a convenient and excellent position close to Hammer Lane shopping, public transportation and quick Hwy 99/ I-5 access. Seller owned these two properties for about 10 years. Proforma's cap rate can be 7.1% as per current market rents. Seller didn't revise the rents to match with the current market rents.
Exceptional starter investment property located in the Ponce de Leon neighborhood of Stockton. All 3 units had recent interior renovations, with established long-term stable tenants. Units were renovated with high-wearing, easy-to-maintain materials. Central air/heat to all units with separate meters for gas, electricity, and water. Central and convenient location just off Hammer Ln, close to Highway 5, shopping, grocery, restaurants and more. Shown by appointment only.
Attention Investors! Fantastic Multi-Family rental investment opportunity in west Stockton area of Pacific Gardens and near UOP. Includes 2 duplex buildings (4 individual units) with attached garages w/laundry hookups, central HVAC systems, private fenced back yards and automatic irrigation systems. New exterior paint, roofs and gutters in 2024. Units are 2-bdrms 2-baths and 2-bdrms 1.5-baths with approximately $5214 monthly gross rental income (GRI). Please do not disturb occupants!
We are proud to present 3140 & 3150 Belvedere Avenue, located in the bustling Central Valley's city of Stockton, California. This offering presents investors with a well-located, 3-bedroom, single family resident and a 7-unit apartment complex, all situated on one parcel. Stockton enjoys an increasing population along with increasing rents, providing an investor with the opportunity to increase value in this strong rental market. 3140 Belvedere Avenue - The building is a 3-bedroom, 1-bath single family home, comprising of approximately 1,100 square feet. The home has private and secure parking and a fenced yard. 3150 Belvedere Avenue - The building is comprised of 7 apartment units, all of which are 1-bedroom, 1-bath units. Each unit is approximately 500 square feet, and 4 of the 7 units have recently been remodeled. The remodel included such upgrades as; new flooring, new paint, new ceiling fans, new baseboards, etc. All units are separately metered for gas and electric. Do not disturb tenants.
Investor Opportunity ! WOW total of 9 Units- 4 Duplexes and a 2 Bedroom, 1 Bath Home, on .52 acre parcel. Duplex #1 is a 2 bedroom, 1 bath & 1 bedroom, 1 bath, Duplexes #2- #4 are all 1 bedroom, 1 bath. Parking in front of each Unit & open parking southside. 2 Bedroom home needs updating, has a fenced yard and separate workshop building. Established neighborhood, Take Hwy 99 Exit to Waterloo Road, west on Waterloo to Auto Ave.
3 commercial units remodeled with permits! New Roof, Central Heat & Air, floors, bathrooms,electrical, paint, kitchenettes, etc! Great opportunity to own a commercial property. situated on the corner of Alpine and North El Dorado Street. Great curb appeal layout for a real estate office, mortgage, insurance company, or more! The possibilities are endless!
Welcome to this charming duplex, each unit having 2 bedrooms and 1 bathroom, boasting open floor plans and private yard spaces for get-togethers with family and friends. Conveniently located near St. Joseph's Medical Center and The Miracle Mile's shopping and entertainment, this property is a great add to your investment portfolio.
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.
Welcome to this prime investment opportunity featuring a well-maintained 12 unit apartment complex, strategically located near major freeways and bustling shopping center. This property boasts a solid rental history with low vacancy rates, making it an attractive investment for generating steady cash flow.
Are you looking for 4 units of income producing property that's steps away from Stockton's Ace train rail station and RTD's downtown bus station then look no further. This property features (2) 2 bedroom 1 bath upper units and (2) 1 bedroom lower units with formal living rooms that could be utilized as possible second bedrooms. Easy to maintain tile, hardwood and laminate flooring. The residence features dual pane windows and a recently painted exterior. Come and see what this opportunity has in store for you!
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.
Charming newly remodeled duplex and move in ready! An opportunity to live in 1 unit and rent out the other for additional income or rent out both for cash flow. Both units are 2bed/1bath, 1,100 sqft. Updates include new windows, recessed lights, stainless steel appliances, dual pane windows, floorings, paint and much more. Both units are vacant which is a good opportunity to live in one and and rent out the other for additional income of $1800-$1900 per month. This is an outstanding cash flow opportunity well positioned for rent growth!
PRICE IMPROVEMENT! Calling all investors and buyers! Don't miss this cozy, remodeled duplex. Offering two, 2 bedroom and one bathroom units that have recently been dressed with a new roof and newer stucco siding, its the perfect opportunity to live in one and rent the other. The vacant unit boasts an eye-cathing new coat of fresh interior paint, a beautifully revamped bathroom and modern ceiling fans in each room. When it comes to privacy and seclusion, this property does not dissappoint, with each unit having it's own separate yards. Situated close to main freeways and near the heart of the city, its prime location provides easy access to urban amenities and attractions, making it an appealing choice for potential renters or even a new homeowner!
Check out this duplex located in a court. One unit is vacant and move in ready! Both units have a small yard two car garage, designated master bedrooms and central heat and air. Unit 58 features 3 bedrooms 2 bathrooms, tile flooring, granite counter tops, new stainless-steel range, brand-new ac unit and is currently rented at $2200.00 a month. Unit 60-is vacant with 2bd 2 baths and just recently renovated. New cabinets, new granite counter tops, new vinyl flooring throughout, updated bathroom, new interior paint and new patio slider door. Great opportunity! Live in one unit and have rental income coming in.
Investors Dream with 6 stable, fully rented units including 4 single houses & 1 Duplex. Each unit gets different address numbers: 724, 728, 744, 752, 762 & 764. The unit 724 was new upgraded and has big yard, in-ground swimming pool, iron fence. Unit 752 is Section 8 rental. Unit 744 is GLOM traditional Housing. Duplex 762&764 rented $1,820. Based on Appraisal report 2022, total Living Space is 7,660 Sf. Current monthly rental income is $10,384 that leads to the CAP rate 6,77%.
Welcome to 1919-1921 Colt Dr, a prime duplex offering an exceptional opportunity for savvy investors. Located in a desirable neighborhood of Stockton, this property boasts two units, each with 3 bedrooms, 2 full baths, and spacious 2-car attached garages. Immediate rental income, making it a hassle-free addition to any investment portfolio. Tenants pay all utilities and pest control service. Whether you're a seasoned investor seeking to expand your holdings or a newcomer looking to enter the lucrative rental market, this is a perfect fit. The property's layout ensures privacy and comfort, with well-maintained interiors that appeal to tenants. With strong rental demand in the area, you can look forward to consistent cash flow and long-term appreciation potential. Situated in a convenient location close to schools, parks, shopping, and major commuter routes, tenants will appreciate the ease of access to everything Stockton has to offer, enhancing the property's appeal and rental value. Don't miss out on this rare opportunity to acquire a duplex generating great rental income. Schedule your viewing today and seize the chance to secure your future with 1919-1921 Colt Drive!
Now is your chance to own one unit and rent out another, Huge 4 bedroom 2 bath spacious kitchen on upper level. Lower level duplex is very spacious a 3 bedroom 2 bath unit offers a spacious kitchen. Low maintenance backyard. Close to downtown and freeway access. This duplex has so much potential, think outside the box make it a sober living or a veterans home with these 2 units. it has a full basement. You have friendly neighbors who are businesses one a transmission shop and a non profit on the other side. A must see!! Priced to sell. Seller financing available...
Embrace the essence of modern living with this immaculately renovated 6-unit apartment building nestled in the heart of Stockton. Boasting a diverse mix of units including 3 studios, 2 spacious 1-bedrooms, and a generous 2-bedroom unit, this property is a standout investment opportunity. ✨ Key Features: Comprehensive Renovation: From top to bottom, everything is new and meticulously crafted to enhance comfort and style. State-of-the-Art Amenities: Enjoy new flooring, updated electrical fixtures, and sleek kitchen cabinets paired with luxurious granite countertops. Remodeled Bathrooms: Designed for relaxation and convenience, featuring modern fixtures and finishes. Energy-Efficient Dual Pane Windows: Enhancing comfort while reducing utility costs, ideal for sustainable living. Secure Investment: Positioned in a desirable rental market, ensuring a steady income stream for savvy investors. This property not only offers contemporary living spaces but also promises a hassle-free investment with its recent upgrades and prime location. Whether you're expanding your portfolio or starting anew in real estate, this turnkey opportunity awaits your vision. An assumable loan is available plz inquire for more details. 9 years terms remaining 4.5% APR.
Investor's Dream! This unique property features two houses: a smaller house with 2 units and a two-story house with 5 units, offering a total of 7 rental units. The square footage is at least 3,098 sq ft, potentially more if additional space is included. The property generates an impressive $76,000 per year. Utilities and taxes cost about $10,000 annually, varying by unit as some tenants cover their own utilities. Recent renovations in 2022 updated 4 units with new kitchens and bathrooms. Don't miss out on this solid income-generating opportunity!
TURNKEY INCOME PRODUCING INVESTMENT OPPORTUNITY!! THREE UNITS WITH LONG TERM TENANTS. TWO 1 BEDROOM UNITS AND ONE 2 BEDROOM UNIT.
We are pleased to present The San Joaquin Apartments, a five (5) unit apartment complex located at 1117 S. San Joaquin Street in Stockton, CA. The San Joaquin Apartments are a unique opportunity for an investor to acquire an asset located in the Downtown Stockton Submarket, with strong historical occupancy, solid cash flow characteristics, and a desirable location near Stockton's downtown entertainment district, The Miracle Mile. The San Joaquin Apartments feature four (4) one-bedroom/one-bathroom units, approximately 600 square feet in size, and one (1) two-bedroom/one bathroom free standing unit, which is 750 square feet in size. Building amenities onsite parking and storage, laundry, and a concrete driveway. The San Joaquin Apartments offers a great opportunity for an investor to own units in the rapidly appreciating Stockton market. Do not disturb tenants.
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.
Great Investment Opportunity - 100% Occupied! Located in the Gleason Park neighborhood of Stockton, directly across the street from abeautiful city maintained park, this multi-family property consists of eight 1-bedroom, 1-bathroom apartment homes with each unit having itsown water heater, heating system and AC unit. This investment property offers tremendous potential for investors seeking awell-priced propertywhile benefiting from long-term tenants, good rents, and recent improvements that include fresh paint to the exterior including floors, stairs andrailing. Located near a bustling retail corridor that includes grocery stores, coffee shops, and restaurants, and in close proximity to Interstate 5 that links the major California cities of San Diego, Santa Ana, Los Angeles, Stockton, Sacramento, and Redding, this multi-family building is agreat opportunity to expand or start your investment portfolio.
Excellent income opportunity on this well maintained 6 plex in the Country Club Area of Stockton. All units have remodeled bathrooms with tile floors, quartz slab shower stalls, new tubs, vanities and counters. Several long time tenants in the building. Located on a quiet, dead end street, these units have great freeway access! Only 1.8 miles away from the the campus of the University of Pacific, the apartments are walking distance to shopping and dining as well. All tenants are month to month. There are (4) 2 Bdrm/1 Bath units. Market Rents would be $1500 per month. There are 2 units with potential for 3rd small Bedroom/Office. The room is complete with a closet. $1650 would be the market rents for these units with the extra room. There are 6 units total. Current Rents are $1375, $1350, $1190, $1150, and $1125 which are the rents of the 5 tenants that are staying. Seller Financing a possibility with a sizeable down payment.
The median home value in Stockton, CA is $414,500. 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 $414,500. 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 has a population of 317,818. Stockton is less family-centric than the surrounding county with 32.72% 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 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 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.