Jessie Espinosa

(209) 652-8112jessie@espinosa.org
    $1,200,000
    For Sale

    419 W Flora Street

    Stockton, CA 95203
    5196 sqft | 0.17 acres | #224133261
    Browse 9 photos
    Type:Multi-Family
    Structure:Unit
    Zone:Residential

    Description

    The Flora apartments are a 10-unit complex nestled near Stockton's desirable Downtown Waterfront district. Professionally maintained and improved far above the standards of nearby properties, this asset provides an investor with a stable income stream and very low management responsibility. The asset is 100% occupied at near market rents, providing an investor with north of a 7% return on current net operating income, with room to grow! The property is made up of Ten (10) units; Eight (8) are 1-bedroom, 1-bathroom units, approximately 482 square feet and Two (2) 2-bedroom, 1-bathroom units, approximately 670 square feet. Located midblock between N. Lincoln and N. Van Buren, the Flora Apartments provides residents easy access to major thoroughfares such as I-5, HWY 4 and HWY 99, as well as the Downtown Waterfront Entertainment District, home to Adventist Health Arena (home to many professional sports teams), Banner Island Ballpark (home of the Stockton Ports Baseball Team), and Weber Point (an outdoor events center). Do not disturb tenants.

    • Property Details
        • Utility FeaturesNatural Gas Connected, Cable Connected, City, Electric
        • Cooling FeaturesCeiling Fan(s), Wall Unit(s)
        • ZoningLow Density Residential
        • Parking FeaturesStreet, Uncovered
        • Property Subtype5 or More Units
        • Utility SourceMeter on Site
        • Property TypeMulti-Family
        • Sewer InformationSee Remarks
        • CountySan Joaquin
        • MLS #224133261
        • MLS #224133261
        • Cost1200000
        • Acres0.1722
        • Square Feet5196
        • Year Built1970
        • FoundationSlab
        • Stories2
        • Parking Spaces6

    Location

    Legal

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: . Source: METROLISTMLS

    Listing Courtesy
    Listing Agent: Andy Hodgson (#DANDYHDS)
    Listing Office: Colliers Parrish Intenational Inc. (#01CLRS01)

    Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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    10.0%

    Interest Rate

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    6.0%

    Tax Rate

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    2.6%
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    Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

    Estimated Monthly Payment
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    Loan Amount
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      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.