721 N Commerce ST Pending Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95202
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 5,589 sqft
Price per Sqft $214
MLS Listing ID 224103950
Year Built 1970
Lot Size 7,501 Sqft
Property 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.
Location
State CA
County San Joaquin
Area 20701
Interior
Heating Other
Cooling Other
Flooring Other
Laundry Coin Operated,Washer/Dryer Leased,In Common Area
Exterior
Parking Features Covered,Street,Uncovered,Other
Utilities Available Internet Available,Other
Building
Lot Description Private
Story 2
Foundation Other
Sewer Other
Water Other
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Special Listing Condition Offer As Is