$1,199,000
Pending

721 N Commerce Street

Stockton, CA 95202
5589 sqft | 0.17 acres | #224103950
Browse 11 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Presenting an outstanding investment opportunity at 721 N. Commerce St., Stockton, CA. This 10-unit apartment complex consists of (8) one-bedroom, one-bathroom units and (2) two-bedroom, one-bathroom units. The property features dual-pane windows, providing enhanced energy efficiency and noise reduction, as well as a durable concrete driveway, ensuring long-term, low-maintenance use. Additional amenities include both covered and uncovered parking, a common area laundry room, and a remote-controlled security gate for added safety. With current rents below market value, there is significant potential for value-add improvements. Stockton's growing demand for quality rental housing indicates a consistent flow of prospective tenants, making this investment an excellent choice for generating steady rental income with low vacancy rates.The apartment complex at 721 N. Commerce St., Stockton, CA, offers an exceptional investment opportunity in a prime downtown location. Situated within the Stockton Unified School District, the property appeals to families prioritizing access to quality education. The surrounding area is a vibrant hub of retail, dining, and entertainment, featuring popular destinations like Stockton Arena, Regal Cinemas, and the San Joaquin County Library.

  • Property Details
      • Parking FeaturesCovered, Street, Uncovered, Other
      • Utility FeaturesInternet Available, Other
      • ZoningHigh Density Residential
      • Property Subtype5 or More Units
      • Property TypeMulti-Family
      • CountySan Joaquin
      • MLS #224103950
      • MLS #224103950
      • Lot DescriptionPrivate
      • Cost1199000
      • Acres0.1722
      • Cooling FeaturesOther
      • FoundationOther
      • Sewer InformationOther
      • Utility SourceOther
      • Square Feet5589
      • Year Built1970
      • Stories2
      • Parking Spaces8

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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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