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430 E Oak ST Stockton, CA 95202
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Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223103992
Sold Date 04/30/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1913
Lot Size 5,001 Sqft
Acres 0.1148
Property Sub-Type 5 or More Units
Property Description
Incredible Investment Opportunity in Stockton's Thriving Civic Center! Discover the potential of this 12-unit apartment complex with a mix of 5 currently occupied and 7 vacant units, all priced at an attractive $675,000. The promise here extends beyond the present value, with a potential future worth well over $1 million. Income Potential: Monthly Gross Income: $10,900 Yearly Gross Income: $130,840 Location Advantages: Emerging Hub: Situated in the up-and-coming Stockton Civic Center. Growth & Development: With new constructions and townwide improvements underway, the entire area is poised for long-term expansion. Prime Central Spot: Nestled in the heart of Stockton, making it incredibly convenient. Local Amenities: Enjoy the perks of being within walking distance to Stockton Arena, Banner Island Ballpark, Victory Park, Stanislaus State Campus, and a host of other attractions. Versatile Opportunity: Perfect for either ownership or rental investment, and with great tenants already in place. This property is not just a space; it's a place to unlock your investment potential. Act now to seize this opportunity in Stockton's flourishing Civic Center!
Location
State CA
County San Joaquin
Area 20701
Direction Take the El Dorado St exit, EXIT 66A, toward Center St/Downtown. Turn right onto S El Dorado St. Turn right onto E Oak St. 430 E OAK ST is on the right. Cross Street California St
Interior
Heating Natural Gas
Cooling None
Flooring Vinyl, Wood
Laundry Varies by Unit
Exterior
Parking Features None
Utilities Available Natural Gas Connected, City, Electric
Water Access Desc Meter on Site
Building
Lot Description None
Story 2
Foundation PillarPostPier, Raised
Sewer In & Connected
Water Meter on Site
Architectural Style Colonial
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Senior Community No
Tax ID 139-164-02
Special Listing Condition Offer As Is
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Bought with Keller Williams Realty