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Listed by Cheryl Cardamon • 1 Percent Lists Smart Rate Realty
$ 699,000
Est. payment | /mo
3,200 SqFt
$ 699,000
Est. payment | /mo
3,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $218
MLS Listing ID ML82051221
HOA Y/N No
Year Built 1992
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
RARE FIND MULTI-FAMILY INCOME PROPERTY IN STOCKTON! Exceptional opportunity to acquire a highly stable 4plex/apartment-style asset in a high-visibility corridor. Perfect for a seasoned portfolio or value-add investor. Features a proven track record of operational consistency with established, long-term tenants, exceptionally low historic expenses, and a low-maintenance footprint. Four units. Each approximately ~800 sqft, 2 bedrooms, 1 bath. Located at 1311 E. Sonora St, featuring premier convenience with immediate access to Hwy 99 and the Crosstown Fwy (Hwy 4)an effortless commute across San Joaquin County. Units are near transit, parks, and retail, making them very easy to rent with historically low vacancy. Each unit is optimized for tenant retention. Current rents sit below market, presenting massive upside for future income optimization. True buy-and-hold legacy asset offered by longtime owners. Contact your agent for Offer Memorandum (OF).
Location
State CA
County San Joaquin
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Building
Water Public
Schools
School District Stockton Unified, Stockton Unified
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Zoe Wahidi
REALTOR® | Lic# CA DRE # 01985554