Active
419 W Flora Street
Stockton CA, 95203
$1,200,000
$2,489.63 per sqft
Active
1 Bed
1 Bath
482 sqft
Multi-family
Built in 1970
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.
224133261
MLSⓇ ID
December 13, 2024
Listed
December 13, 2024
Updated
Map
419 W Flora Street
Stockton CA, 95203
Interior Features
Total Stories
2
Bedrooms
1
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Carpet, Vinyl
Laundry Description
Other
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Wall Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.17 Acres
School Information
School District
Stockton Unified
Other Property Details
Garage
No
Parking
On Street
Parking Total
6
View
No
County
San Joaquin
Pool
No
Zoning
Low Density Residential
Courtesy of Colliers Parrish Intenational Inc., Andrew Hodgson,
Listing Contact:
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