NOT LISTED FOR SALE
9 Beds
8 Baths
49,432 Sq Ft
2.54 Acres

Last Sold April 26, 2024

Last sale price $7,000,000 $142 Per Sq Ft

15 Days on Market

Highlights

  • 2.54 Acre Lot
  • Private Lot
  • Security Gate
  • Lincoln High School Rated A-
  • No HOA
  • Controlled Access

About This Home

As of April 2024

We are pleased to present Parkview Terrace Club, a 51-unit apartment community located at 1141 W. Swain Rd in Stockton, CA. Parkview Terrace Club is a unique opportunity for an investor to acquire a stabilized asset with strong value add characteristics in the high demand Central Valley market. Built in 1985, Parkview Terrace Club features fifty (50) residential units and one (1) 6,000 SF building. The complex is comprised of all two-bedroom units, ranging from 815 square feet to 845 square feet in three (3) unique floorplans. Amenities include gated, secure access to covered & uncovered parking, swimming pool, and professionally maintained grounds. The residents of Parkview Terrace Club benefit from being located near Pacific Avenue, the main north-south commercial corridor in Stockton, Sherwood and Weberstown Mall, Lincoln Center, and multiple major highways. Do not disturb. Contact Agent for more information or to schedule a tour.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 01/30/2024

Last Buyer's Agent

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 01/30/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 2.54 Acre Lot
  • Private Lot
  • Garden

Home Design

  • Slab Foundation
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 49,432 Sq Ft Home
  • 2-Story Property

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 100 Parking Spaces
  • 50 Covered Spaces
  • Covered Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 097-462-38

Community Details

Overview

  • No Home Owners Association
  • 9 Buildings
  • 51 Units

Building Details

  • 49 Leased Units
  • 2 Vacant Units
  • Net Lease

Security

  • Controlled Access

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1985
  • Stories: 2
  • Number of Two Bedroom Units: 50
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Oven, See Remarks
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 141.61
  • Square Footage: 49432.00

Exterior Features

  • Construction Materials: Concrete, Wood, Wood Siding, See Remarks
  • Foundation: Slab, See Remarks
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 8415000.00
  • Lot Features: Private, Garden, Other
  • New Construction: No
  • Pool: No
  • Roof: See Remarks
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 50.00
  • Covered Parking Spaces: 50.00
  • Parking Features: Covered, Uncovered
  • Total Parking Spaces: 100.00

Utilities

  • Security: Smoke Detector, Secured Access, Security Gate, See Remarks
  • Sewer: See Remarks
  • Utilities: Cable Available, Natural Gas Connected, City, DSL Available, Electric, Internet Available
  • Cooling: Central, See Remarks
  • Heating: Central
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: High Density Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 2.5417
  • Lot Size Sq Ft: 110716.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks"]
  • Total Number Leasable: 51
  • Number of Leased Units: 49
  • Number of Units: 51
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 097-462-38
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $7,000,000 -16.8% $142 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $8,415,000 -- $170 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224008813

MetroList