28 S American St Stockton, CA 95202
Downtown Stockton NeighborhoodEstimated payment $8,709/month
Highlights
- No HOA
- Video Cameras
- Handicap Shower
- Security Gate
- Accessible Parking
- Tile Flooring
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, dining, coffee, shops, etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!
Listing Agent
Intrust Properties, Inc. License #00980402 Listed on: 05/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,975
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
- Open Parking
- Off-Street Parking
Accessible Home Design
- Handicap Shower
- Accessible 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
Additional Features
- 28 Leased Units
- Building Fire Alarm
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $12,975 | $620,232 | $108,242 | $511,990 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $1,450,000 | -- | $97 / Sq Ft |
Purchase 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $553,500 | Seller Take Back |
Source: MetroList
MLS Number: 225057842
APN: 149-200-04
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