Estimated payment $4,313/month
Rare opportunity to acquire a 4-plex featuring desirable townhouse-style units. All units have been recently renovated and range between approximately 1,050 and 1,200 square feet. The property includes two 3-bedroom, 2.5-bath units and two 2-bedroom, 1.5-bath unitseach with a private patio. Interiors offer spacious kitchens with dining areas, ample cabinet and closet storage, and central HVAC systems (three of which are newer). Durable tile flooring is installed throughout the downstairs and in all bathrooms, while bedrooms and hallways feature updated laminate flooring. Exterior upgrades include fresh paint, a newly resealed roof, dual-pane windows throughout, a recently repaved driveway, and a striped parking lot with five reserved off-street spaces. The property is ideally located within walking distance to a laundromat, grocery store, city park, school bus stop, and public transit with direct routes to downtown Stockton, Weberstown Mall, and Delta College. All units are currently occupied by long-term tenants with solid income, offering below-market rents and steady cash flow. Additionally, there is potential to increase revenue with an on-site laundry facility. This investment presents strong in-place income with room for upside and long-term appreciation.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,815 | $137,530 | $37,679 | $99,851 |
| 2023 | $1,775 | $134,835 | $36,941 | $97,894 |
| 2022 | $1,707 | $132,192 | $36,217 | $95,975 |
| 2021 | $1,642 | $129,601 | $35,507 | $94,094 |
| 2020 | $1,672 | $128,273 | $35,143 | $93,130 |
| 2019 | $1,666 | $125,758 | $34,454 | $91,304 |
| 2018 | $1,635 | $123,293 | $33,779 | $89,514 |
| 2017 | $1,551 | $120,876 | $33,117 | $87,759 |
| 2016 | $1,578 | $118,507 | $32,468 | $86,039 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | For Sale | $769,900 | -- | $171 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
$900,000
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.
Elizabeth Cuevas-Gonzalez ROA California Inc. dba Realty of America
Source: MetroList
MLS Number: 225101824
APN: 104-110-10
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