Active

721 N Commerce Street

Stockton CA, 95202

$1,199,000


$2,398.00 per sqft

Active

1 Bed

1 Bath

500 sqft

Multi-family

Built in 1970

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.

224103950

MLS ID

September 16, 2024

Listed

October 18, 2024

Updated

Map

721 N Commerce Street
Stockton CA, 95202

Interior Features

Total Stories

2


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Interior Features

Other


Laundry Description

Common Area


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Private


Sewer

Other

School Information

School District

Stockton Unified

Other Property Details

Garage

No


Parking

Covered, Other, On Street


Parking Total

8


View

No


County

San Joaquin


Water Source

Other


Pool

No


Zoning

High Density Residential

Courtesy of KPD Real Estate & Advisory Services, Inc., Colton Toste,
Listing Contact:  

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