NOT LISTED FOR SALE
3 Beds
3 Baths
6,417 Sq Ft
2,344 Sq Ft Lot

Last Sold November 01, 2024

Last sale price $440,000 $69 Per Sq Ft

117 Days on Market

About This Home

As of November 2024

Back on the market, ready to sell, this classic 12-unit apartment building, boasting incredible brickwork and a solid structure with incredible profit potential after renovation. With 5 1bd/1bth and 7 studio apartments, this property offers approximately 6,400 square feet of rental space. The lower/basement level provides an additional 2,000 square feet of prime real estate that's perfectly suited for a retail units or additional storage space. This property is also located in an Opportunity zone, meaning potential for tax-free profits after 10 years. Fire damage on inside, but have a contractor-quoted remodel cost of around $300k, the potential for big returns is within reach. Was in escrow for several months and was not able to close at no fault of seller or property. Don't miss out on this incredible opportunity for multiple-family rehab with big upside!

Last Agent to Sell the Property

Erik Katz

eXp Realty of California Inc. License #02096777 Listed on: 01/31/2024

eXp Realty of California Inc.

Last Buyer's Agent

Joseph Colangelo

Cornerstone Real Estate Group License #01982075

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 2,344 Sq Ft Lot
  • Zero Lot Line

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 6,417 Sq Ft Home
  • 3-Story Property

Listing and Financial Details

  • Assessor Parcel Number 151-220-02

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 12 Vacant Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1918
  • Levels: Three
  • Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: See Remarks
  • Price Per Square Foot: 68.57
  • Square Footage: 6417.00

Exterior Features

  • Construction Materials: Brick, Wood
  • Foundation: Brick/Mortar, Raised, Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 459777.00
  • Lot Features: Zero Lot Line
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: None

Utilities

  • Security: See Remarks
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: See Remarks
  • Heating: See Remarks
  • 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: IND-NEC
  • Irrigation: See Remarks
  • Lot Size Acres: 0.0538
  • Lot Size Sq Ft: 2344.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks"]
  • Number of Units: 12
  • Number of Vacant Units: 12

Tax Info

  • Assessor Parcel Number: 151-220-02
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin
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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 Prior Sale
11/01/2024 11/01/24 Sold $440,000 -4.3% $69 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $459,777 -99.9% $72 / Sq Ft
01/31/2024 01/31/24 For Sale $459,777,000 +510763.3% $71,650 / Sq Ft
07/18/2013 07/18/13 Sold $90,000 -28.0% $50 / Sq Ft View Prior Sale
07/16/2013 07/16/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $125,000 -- $69 / Sq Ft
Source: MetroList

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 $6,175 $440,000 $45,000 $395,000
2024 $5,183 $191,015 $22,284 $168,731
2023 $10,878 $187,271 $21,848 $165,423
2022 $2,585 $183,600 $21,420 $162,180
2021 $1,543 $101,921 $22,648 $79,273
2020 $1,559 $100,877 $22,416 $78,461
2019 $1,554 $98,900 $21,977 $76,923
2018 $1,516 $96,962 $21,547 $75,415
2017 $1,451 $95,062 $21,125 $73,937
2016 $1,460 $93,198 $20,711 $72,487
2015 $1,459 $275,000 $35,000 $240,000
2014 $3,717 $275,000 $35,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224009133

MetroList