$2,299,000
PENDING

Estimated payment $14,826/month

Total Views 11,022
-- Bed
-- Bath
34,920 Sq Ft
$66 Price per Sq Ft

Highlights

  • Downtown View
  • Wood Flooring
  • No HOA
  • 0.41 Acre Lot
  • Corner Lot

About This Home

Calling all savvy investors! Here's your chance to take on a high-upside project in one of California's most promising rental markets. This 47-unit apartment complex in Stockton is completely vacant and ready for a full-scale renovation. A brand-new roof has already been installed, giving you a head start on revitalizing the building and maximizing value.SItuated in a high-demand area with strong rental growth, this property is just minutes from major highways, schools, and retail centersan ideal location for tenants seeking convenience and accessibility. Once fully rehabbed, this complex could become a standout performer, generating impressive cash flow and long-term equity. Stockton's rental market continues to strengthen, and this asset is perfectly positioned to benefit from the city's economic momentum. Whether you're looking to reposition and stabilize for long-term hold or add a cash-flowing property to your portfolio, this is a golden opportunity. MAY Seller financing is available for qualified buyersopening doors for creative structuring and added flexibility. Don't miss the chance to breathe new life into this property and create a standout asset in an up-and-coming market. Reach out today to schedule a tour and explore the possibilities.

Listing Agent

Jorge Espino

Approved Real Estate Group License #01466336 Listed on: 06/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 0.41 Acre Lot
  • Corner Lot

Home Design

  • Fixer Upper
  • Planned Development
  • Flat Roof Shape
  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 34,920 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Downtown Views

Parking

  • 40 Parking Spaces
  • Inside Entrance

Utilities

  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 139-051-04

Community Details

Overview

  • No Home Owners Association
  • 47 Units

Building Details

  • 47 Vacant Units
  • Net Lease

Security

  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Planned Unit Develop
  • Property Subtype 1: 5 or More Units
  • Year Built: 1912
  • Levels: Four
  • Stories: 4
  • Number of One Bedroom Units: 15
  • Number of Two Bedroom Units: 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Flooring: Wood
  • Price Per Square Foot: 65.84
  • Square Footage: 34920.00

Exterior Features

  • Construction Materials: Block, Stone
  • Disclosures/Documents: Preliminary Title Report
  • Foundation: Pillar/Post/Pier, Concrete
  • Frontage Type: Varies by Unit
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2299000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Property Condition: Fixer
  • Roof: Flat
  • Spa: No
  • Topography: Level,Level
  • View Description: City, Downtown

Garage/Parking

  • Parking Features: Interior Access
  • Total Parking Spaces: 40.00

Utilities

  • Security: Fire Alarm, Fire Extinguisher
  • Sewer: In & Connected
  • Utilities: City
  • Cooling: Varies by Unit
  • Electric: 220 Volts
  • Heating: Varies by Unit
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning: CO
  • Irrigation: None
  • Lot Size Acres: 0.4132
  • Lot Size Sq Ft: 17999.00

Rental Info

  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 47
  • Number of Units: 47
  • Number of Vacant Units: 47

Tax Info

  • Assessor Parcel Number: 139-051-04
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Map

Range of Values:

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Average Value
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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 Change Sq Ft Price
06/26/2025 06/26/25 Pending -- -- --
06/08/2025 06/08/25 For Sale $2,299,000 -- $66 / Sq Ft
Source: MetroList

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Source: MetroList

MLS Number: 225047330

MetroList