Log In/Sign Up
Your email has been sent.
545 N California St
Stockton, CA 95202
Vintage Arms · Multifamily Property For Sale
·
20 Units
EXECUTIVE SUMMARY
Historically high cash flow producing property, with 10%+ cap rate. 20 unit multi-family located near downtown Stockton with desirable unit mix (four 2 bedrooms, six 1 bedroom, and ten studios). Boasting 11,518 total sq ft (two buildings), on a 10,000 sq ft corner lot, with convenient access to all nearby retail and employment. On site parking with ample street parking and close proximity to public transportation. Further upside potential for seasoned and new investors looking for a well positioned income generating opportunity. The property has low vacancy throughout current ownership with higher level rents achieved for most of the units. Currently fully occupied with no delinquencies. Tax records show address as 545 N Caliornia, but 2nd building has additional address noted as 436 E Oak with the city. Contact broker team for further details.
PROPERTY FACTS
| Price Per Unit | $137,528 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 11,518 SF |
| Cap Rate | 11.64% | Average Occupancy | 100% |
| No. Units | 20 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1914/2006 |
| Property Subtype | Apartment | Parking Ratio | 0.87/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | C-3, Stockton - Apartments | ||
| Price Per Unit | $137,528 CAD |
| Sale Type | Investment |
| Cap Rate | 11.64% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 11,518 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1914/2006 |
| Parking Ratio | 0.87/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-3, Stockton - Apartments |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Security System
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | 400 |
| 1+1 | 5 | - | 425 |
| 2+1 | 5 | - | 500 |
PROPERTY TAXES
| Parcel Number | 139-164-03 | Improvements Assessment | $1,196,930 CAD |
| Land Assessment | $276,213 CAD | Total Assessment | $1,473,143 CAD |
PROPERTY TAXES
Parcel Number
139-164-03
Land Assessment
$276,213 CAD
Improvements Assessment
$1,196,930 CAD
Total Assessment
$1,473,143 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
