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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$1,950,000

Est. payment - /mo

11,518 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,518 sqft

Price per Sqft $169

MLS Listing ID 226074967

HOA Y/N No

Year Built 1914

Lot Size 10,001 Sqft

Acres 0.2296

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Rare opportunity to acquire a 20-unit apartment portfolio in the heart of downtown Stockton. Comprised of a 12-unit building at 545 N California St and an 8-unit building at 436 E Oak St, this income-producing asset offers strong cash flow, stable occupancy potential, and future upside. Generating over $22,000 per month in gross rental income (over $264,000 annually), this property delivers an 8%+ cap rate, making it an attractive opportunity for investors seeking both immediate returns and long-term appreciation. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom apartments, appealing to a broad tenant base. Located near downtown Stockton's business district, public transportation, restaurants, shopping, and major commuter routes, the portfolio benefits from consistent rental demand.

Location

State CA

County San Joaquin

Area 20701

Direction From Washington Street turn north on California Street.

Rooms

Other Rooms Unit-1 Approx SqFt: 500 Bedrooms: 2 Full Baths: 1 Rent: 1280 SqFt Source: Owner Unit-2 Bedrooms: 2 Full Baths: 1 Unit-3 Bedrooms: 2 Full Baths: 1 Unit-4 Bedrooms: 2 Full Baths: 1

Interior

Heating Other

Cooling Other

Flooring Other

Laundry Other

Exterior

Parking Features Uncovered, Other

Utilities Available Natural Gas Connected

Water Access Desc Public

Building

Lot Description Other

Story 3

Foundation Other

Sewer See Remarks

Water Public

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 139-164-03

Special Listing Condition None

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Listed by PMZ Real Estate

Nearby School & Business

Homes Availalbe by Area

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage | CA DRE#02212763

Real Estate Brokerage CA DRE#02212763

545 N California ST Stockton, CA 95202

Realty Point, Inc.

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information