NOT LISTED FOR SALE

1414 E Oak St Stockton, CA 95205

Downtown Stockton Neighborhood
1 Bed
1 Bath
500 Sq Ft
5,001 Sq Ft Lot

Last Sold December 27, 2023

Last sale price $755,000 $1,510 Per Sq Ft

72 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • High Speed Internet
  • Security Gate

About This Home

As of December 2023

Pleased to present 1414 E. Oak Street or sale, an eight (8) unit apartment complex located in Downtown Stockton. The property is an excellent opportunity for a first time investor to own an apartment complex with below market rents, with a clear path to a higher return through management expense reduction, loss to lease recovery and addition of income streams, such as laundry. Built in 1970, the buildings consists of all one-bedroom, one-bathroom units that are approximately 500 SF in size. The property includes a storage room that may be converted into a laundry room, along with gated, secure entry point tenants. Being sold together with 640 W. Park Street, or separated, 1414 E. Oak Street offers a great opportunity for an investor to own units in the rapidly appreciating Stockton market.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 08/14/2023

Last Buyer's Agent

Rhonda Koch

Berkshire Hathaway HomeServices Drysdale Properties - Merced License #00939021

Berkshire Hathaway HomeServices Drysdale Properties - Merced

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Security Gate

Kitchen

  • Electric Cooktop
  • Disposal

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 151-096-03

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Additional Features

  • Laundry Facilities
  • 8 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1970
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Electric Cook Top
  • Flooring: Varies by Unit
  • Price Per Square Foot: 181.49
  • Window Features: Varies by Unit

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Slab
  • Listing Price: 780000.00
  • Lot Features: None
  • Roof: Other

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 8.00

Utilities

  • Security: Security Gate
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City, Electric, Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Meter on Site
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: RH - High Density Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Varies By Unit
  • Total # Leasable: 8

Multi Family

  • Income Includes: See Remarks
  • Number of Leased Units: 8
  • Number of Units: 8

Tax Info

  • Assessor Parcel Number: 151-096-03
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 Prior Sale
01/01/2024 01/01/24 Off Market $755,000 -- --
12/27/2023 12/27/23 Sold $755,000 -3.2% $1,510 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $780,000 -8.2% $1,560 / Sq Ft
08/14/2023 08/14/23 For Sale $850,000 +142.9% $1,700 / Sq Ft
01/27/2015 01/27/15 Sold $350,000 -2.8% $168 / Sq Ft View Prior Sale
12/13/2014 12/13/14 Pending -- -- --
12/05/2014 12/05/14 For Sale $359,950 +16.1% $173 / Sq Ft
12/18/2013 12/18/13 Sold $310,000 +3.3% $149 / Sq Ft View Prior Sale
11/26/2013 11/26/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $300,000 -- $144 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andy Hodgson

    Seller's Agent in 2023

    Andy Hodgson

    Colliers Parrish Inten'l Inc.

    (209) 475-5110

    9 in this area

    52 Total Sales

    Andy Hodgson
    Section Image
  • Rhonda Koch

    Buyer's Agent in 2023

    Rhonda Koch

    Berkshire Hathaway HomeServices Drysdale Properties - Merced

    (209) 814-1193

    1 in this area

    12 Total Sales

    Rhonda Koch
    Section Image

  • L

    Seller's Agent in 2015

    Larry Underhill

    Keller Williams Realty

    Section Image

  • J

    Buyer's Agent in 2015

    Jessica Liu

    MAXREAL

    (925) 394-4186

    39 Total Sales

    Jessica Liu
    Section Image

  • B

    Seller's Agent in 2013

    Brian Hood

    PCG Commercial, Inc

See All Agents

Map

Source: MetroList

MLS Number: 223077429

MetroList
California San Joaquin County Stockton 95205 Downtown Stockton

1414 E Oak St, Stockton, CA

Not Listed for Sale

MultiFamily

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