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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