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

Sale Details

Date Sold: June 7, 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

7,501 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
May 27, 2022
Sold by
Bought by
Seller's Agent
Adrian Del Rio
PCG Commercial, Inc
Buyer's Agent
Adrian Del Rio
PCG Commercial, Inc
List Price
$1,625,000
Sold Price
$1,564,400
Premium/Discount to List
-$60,600
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,080
Interest Rate
0.0511%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
0.031%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,439,700
Interest Rate
0.0405%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,206,000
Interest Rate
0.0401%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,564,500 New Title Company Name
$1,110,000 North American Title
$325,541 Pacific Coast Title
-- North American Title Co Inc
$451,500 North American Title Co Inc
$385,000 Stewart Title Of California
$428,000 Orange Coast Title Co Norcal
-- --
$190,000 Central Valley Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,095,080
Previous Owner $770,000
Previous Owner $606,000
Previous Owner $250,000
Previous Owner $136,198
Previous Owner $1,439,700
Previous Owner $175,000
Previous Owner $175,000
Previous Owner $250,000
Previous Owner $1,206,000
Previous Owner $341,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,309 $1,649,010 $201,629 $1,447,381
2024 $19,991 $1,616,677 $197,676 $1,419,001
2023 $19,545 $1,584,978 $193,800 $1,391,178
2022 $14,031 $1,121,490 $163,200 $958,290
2021 $6,046 $484,095 $120,621 $363,474
2020 $9,591 $479,133 $119,385 $359,748
2019 $6,285 $469,740 $117,045 $352,695
2018 $11,776 $460,530 $114,750 $345,780
2017 $5,712 $451,500 $112,500 $339,000
2016 $4,885 $269,013 $64,598 $204,415
2015 $3,603 $264,972 $63,627 $201,345
2014 -- $259,783 $62,381 $197,402
Source: Public Records

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Map

Source: MetroList

MLS Number: 221147857

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