$1,450,000

28 S American St Stockton, CA 95202

Downtown Stockton Neighborhood

Estimated payment $9,101/month

-- Bed
-- Bath
15,000 Sq Ft
$97 Price per Sq Ft

Highlights

  • No HOA
  • Video Cameras
  • Tile Flooring
  • Security Gate

About This Home

Stellar Income, Cash Cow! Performing Asset! 29 units 15,000 Sq.+- Sq.Ft.,plus basement, which is not calculated in the Public Record square footage, that may be, approximately +-, an additional 5,000 Sq.Ft. with approximately 10,000.00+- Sq. Ft.in use, with 29 Units,which according to Seller, are almost 100% occupied, which is Subject To Change, without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft.,of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dinning, coffee, shops, etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!

Listing Agent

JR Burkett DRE #00980402

Intrust Properties, Inc. License #00980402

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,739

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Fixer Upper
  • Mixed Use
  • Brick Exterior Construction
  • Concrete Foundation
  • Raised Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 15,000 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Storage

Flooring

  • Linoleum
  • Tile
  • Vinyl

Home Security

  • Security Gate
  • Video Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 15 Parking Spaces
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Separate Meters
  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 149-200-04

Community Details

Overview

  • No Home Owners Association
  • 29 Units

Building Details

  • 28 Leased Units
  • Net Lease

Security

  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,739

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Mixed Use
  • Property Subtype 1: 5 or More Units
  • Year Built: 1925
  • Accessibility Features: Parking, Shower(s), Varies By Unit, Other
  • Levels: Three
  • Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit, Other
  • Flooring: Tile, Vinyl, Linoleum, Varies by Unit
  • Basement: Storage Area, Unfinished
  • Price Per Square Foot: 96.67
  • Square Footage: 15000.00
  • Window Features: Varies by Unit, Other

Exterior Features

  • Construction Materials: Brick, Concrete, Masonry, Other
  • Disclosures/Documents: Preliminary Title Report, Environmental Hazards Report, Estoppel Certificate, Other, Natural Hazard Disclosure Available
  • Foundation: Raised, Concrete, Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1450000.00
  • Lot Features: Curbs/Gutters, Sidewalk, Other
  • New Construction: No
  • Pool: No
  • Property Condition: Fixer, Updated/Remodeled
  • Roof: Tar/Gravel
  • Spa: No

Garage/Parking

  • Parking Features: Off Street, Open, Street, Other
  • Total Parking Spaces: 15.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Fire Extinguisher, Smoke Detector, Fire Suppression System, Video System, Security Gate
  • Sewer: Sewer Connected, Sewer in Street, Public Sewer
  • Utilities: Other
  • Cooling: Varies by Unit
  • Heating: Varies by Unit, Other
  • Laundry Features: Other
  • Water Source: Water District, Meter on Site, Public
  • Separate Meters: Common Area Meter, Electricity, Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning: CD/Universal Land Use/Stores/Residential
  • Irrigation: Public District, Meter on Site, None, Other
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Rent Only
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 29
  • Number of Leased Units: 28
  • Number of Units: 29

Tax Info

  • Assessor Parcel Number: 149-200-04
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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 $12,739 $608,071 $106,120 $501,951
2023 $12,364 $596,149 $104,040 $492,109
2022 $12,122 $584,460 $102,000 $482,460
2021 $6,209 $132,297 $25,391 $106,906
2020 $6,081 $130,941 $25,131 $105,810
2019 $6,039 $128,375 $24,639 $103,736
2018 $5,829 $125,858 $24,156 $101,702
2017 $5,648 $123,391 $23,683 $99,708
2016 $5,513 $120,972 $23,219 $97,753
2014 $5,294 $116,821 $22,422 $94,399
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 For Sale $1,450,000 -- $97 / Sq Ft
Source: MetroList

Deed History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $675,000 Lennar Title Inc
Interfamily Deed Transfer -- Lennar Title Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $553,500 Seller Take Back
Source: Public Records

Source: MetroList

MLS Number: 225057842

MetroList

APN: 149-200-04

California San Joaquin County Stockton 95202 Downtown Stockton

28 S American St, Stockton, CA

Homes for Sale in Stockton, CA

This home is located at 28 S American St, Stockton, CA 95202 and is currently priced at $1,450,000, approximately $96 per square foot. This property was built in 1925. 28 S American St is a home located in San Joaquin County with nearby schools including Spanos (Alex G.) Elementary School, Hazelton Elementary School, and Dolores Huerta Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

JR Burkett DRE #00980402
Listing Agent
JR Burkett DRE #00980402
Section Image
Intrust Properties, Inc.
(209) 791-7925