623 N Edison St Stockton, CA 95203
Downtown Stockton NeighborhoodHighlights
- No HOA
- Balcony
- Tile Flooring
About This Home
Great opportunity to own an investment property. The property appraised at $2.5M on Feb 2026, close to downtown Stockton, with an excellent going-in CAP rate. This 22 unit apartment building consists of 3 two-bedroom units, 11 one-bedroom units, and 8 Studio units. Property has been completely renovated with over $300k of investment and most units have tile flooring, double pane windows, granite countertops, and new kitchens. Recent improvements include 8 remodeled units, exterior painting, rewired electric panel, new water and sewer lines, newer commercial water heater, and roof water proofing. A roof inspection report is availble upon request. See OM attached. A Must See!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Home Design
- Concrete Foundation
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 7,040 Sq Ft Home
- 2-Story Property
Kitchen
- Free-Standing Electric Oven
- Microwave
Flooring
- Tile
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 10 Parking Spaces
- Covered Parking
- On-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Wall Furnace
- Water Heater
Additional Features
- Balcony
- 7,549 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 135-443-08
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 22 Units
Building Details
- 22 Leased Units
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 | $8,333 | $659,935 | $170,671 | $489,264 |
| 2024 | $8,201 | $646,996 | $167,325 | $479,671 |
| 2023 | $8,019 | $634,311 | $164,045 | $470,266 |
| 2022 | $7,851 | $621,875 | $160,829 | $461,046 |
| 2021 | $7,546 | $609,682 | $157,676 | $452,006 |
| 2020 | $7,692 | $603,432 | $156,060 | $447,372 |
| 2019 | $7,662 | $591,600 | $153,000 | $438,600 |
| 2018 | $4,482 | $340,066 | $57,502 | $282,564 |
| 2017 | $4,954 | $333,399 | $56,375 | $277,024 |
| 2016 | $4,325 | $326,862 | $55,270 | $271,592 |
| 2014 | $6,606 | $315,649 | $53,374 | $262,275 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2026 02/21/26 | For Sale | $2,399,000 | 0.0% | $341 / Sq Ft |
| 01/22/2026 01/22/26 | Off Market | $2,399,000 | -- | -- |
| 01/19/2026 01/19/26 | For Sale | $2,399,000 | -- | $341 / Sq Ft |
Source: MetroList
MLS Number: 226006854
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Ask me questions while you tour the home.