Address
418-420 N California Street, Stockton, CA
Price
$ 2,850,000
Property Attributes
- MLS#224042933
- TypeIncome
- CountySAN JOAQUIN
- CityStockton
- AreaStockton
- Zip95202
- Style5 or More Units
- Price$ 2,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,501 SqFt
Data Source:
MetroList MLS
Property Description
We are pleased to present the Legacy Apartments, a thirty-six (36) unit apartment building with gated parking lot on two (2) contiguous parcels. The Legacy Apartments is a unique opportunity for an investor to acquire a sizable asset located in the Downtown Submarket of Stockton, CA with a strong historical occupancy and solid value add characteristics. Built in 1917, the Legacy Apartments feature twenty (20) studio units, approximately 400 square feet in size, twelve (12) one-bedroom/one-bathroom units, approximately 500 square feet in size, and four (4) two-bedroom/one-bathroom units of various sizes. Building amenities include onsite laundry, a large unique basement, and secure, private parking on its own parcel. Recent capital expenses include exterior paint and dual pane windows. The Legacy Apartments offers a great opportunity for an investor to own units in the rapidly appreciating Stockton market. Do not disturb tenants.
| Price History | |
|---|---|
| 4/26/2024 | Listed $2,850,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace,See Remarks |
| Cooling | Wall Unit(s),See Remarks |
| Utilities | Cable Available,Natural Gas Connected,Cable Connected,Electric |
| Unit 1 Rent | 980 |
| Garage Spaces | 0.0 |
| Construction Materials | Brick,Stucco,Wood,See Remarks |
| Year Built | 1917 |
| Stories | 4 |
| Property SubType | 5 or More Units |
| County | San Joaquin |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Close Price | 0.0 |
| Status | Active |
| Directions | Take the Stanislaus St exit on HWY 4. Head North towards E. Lindsay St. Take the left on E. Lindsay St. then take a right on N. California St. The property will be on your right. |
| City | Stockton |
| Buyer Agent Compensation | 2 |
| High School District | Stockton Unified |
| Zoning Description | Downtown Commercial |
| Open Parking Spaces | 0.0 |
| Total Units | 36 |
| MLS Area | 20801 |
| Lot Size Square Feet | 7500.0 |
| Carport Spaces | 0.0 |
| Street Name | California |
| Standard Status | Active |
| Middle/Junior School District | Stockton Unified |
| Elementary School District | Stockton Unified |
| Year Built Source | Owner |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Varies by Unit,See Remarks |
|---|---|
| Total Stories | 4 |
| Unit 1 Full Baths | 1 |
| Unit1Bedrooms | 1 |
| Street Suffix | Street |
| Laundry Features | Coin Operated |
| Unit 1 Bedroom Units Total | 12 |
| Unit 2 Bedroom Units Total | 4 |
| UnitTypeStudioUnitsTotal | 20 |
Exterior Features
| Parking Features | Permit Required,Uncovered,See Remarks |
|---|---|
| Lot Features | None |
| Water Source | Meter on Site,Public |
| Total Parking | 12.0 |
| Foundation Details | Raised,SeeRemarks |
| Number of Buildings | 1 |
| Lot Size Acres | 0.1722 |
| Lot Size Source | Owner |
| Covered Spaces | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 95202
Price
Visits
Year Built
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: May 11, 2024 5:16 AM UTC 