NOT LISTED FOR SALE
1 Bed
1 Bath
7,000 Sq Ft
7,501 Sq Ft Lot

Last Sold June 07, 2022

Last sale price $1,564,400 $223 Per Sq Ft

89 Days on Market

Highlights

  • No HOA
  • 13 Car Garage
  • Wood Siding
  • Security Gate
  • Laundry Facilities
  • Vinyl Flooring

About This Home

As of June 2022

415 E Flora St., Stockton is an excellent opportunity to purchase a fully renovated apartment complex with units near market rents with upside! The subject property, was renovated in 2019 and built approximately in 1978, is comprised of (12) 1Bed/1Bath & (1) 2 Bed/1 Bath. The in-place market rents range from $910 to $1,295 per unit plus RUBS and garage parking charges. Utilities are separately metered for electric and gas. The interiors of the units feature new vinyl plank flooring, bathtubs, paint, cabinets, counters, vanities, toilets, new appliances, electrical sub-panels, and wall heat / air units. The roof is updated (trusses and dry-rot replaced), all new dual pane windows, new front doors, new front screens, the electrical completely redone with new panels, and the copper plumbing repaired or replaced as needed. The hot water is serviced by a central water heater plus an onsite laundry facility.

Last Agent to Sell the Property

Adrian Del Rio

PCG Commercial, Inc License #01431059 Listed on: 11/24/2021

Last Buyer's Agent

Adrian Del Rio

PCG Commercial, Inc License #01431059 Listed on: 11/24/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,501 Sq Ft Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 13 Car Garage
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 139-173-09

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Amenities

  • Laundry Facilities

Building Details

  • 13 Leased Units
  • Insurance Expense $6,195
  • Maintenance Expense $9,872
  • Professional Management Expense $9,551

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1978
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Price Per Square Foot: 253.18

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Foundation: Slab
  • Listing Price: 1625000.00
  • Lot Features: None

Garage/Parking

  • Parking Features: Covered, Street, Garage
  • Total Parking Spaces: 13.00

Utilities

  • Security: Smoke Detector, Security Gate
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City
  • Cooling: Wall Unit(s)
  • Heating: Gas, Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Residential
  • Irrigation: None
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501.00

Rental Info

  • Tenant Pays: Electricity, Gas
  • Total # Leasable: 13

Multi Family

  • Income Includes: Rent Only,Parking
  • Insurance Expense: 6195
  • Maintenance Expense: 9872
  • Number of Leased Units: 13
  • Number of Units: 13

Tax Info

  • Assessor Parcel Number: 139-173-09
  • 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
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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
06/07/2022 06/07/22 Sold $1,564,400 0.0% $223 / Sq Ft
03/11/2022 03/11/22 Off Market $1,564,400 -- --
02/21/2022 02/21/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $1,625,000 -- $232 / 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: 221147857

MetroList