MULTI-FAMILY BUILDING FOR SALE

418-420 N California Street, Stockton, CA 95202

  • For Sale $2,850,000
  • Property Type Other
  • Property Size 15,392 SF
  • Lot Size 7,405 SF
  • Date Updated May 12, 2024
Built in 1917, the Legacy Apartments feature twenty (20) studio units, approximately 400 square feet in size, twelve (12) one-bedroom/one-bathroom units, approximately 500 square feet in size, and four (4) two-bedroom/one-bathroom units of various sizes. Building amenities include onsite laundry, a large unique basement, and secure, private parking on its own parcel. Recent capital expenses include exterior paint and dual pane windows. The Legacy Apartments offers a great opportunity for an investor to own units in the rapidly appreciating Stockton market.

Sale Note
Excellent value add apartment offering located in highly active submarket of Downtown Stockton. Priced far below recent sale comps and replacement price, at under $80,000 per unit. Clear path towards high return with loss to lease recovery and additional income streams. Central Downtown Stockton location provides residents with easy access to Interstate 5, Highway 99, and Highway 4 along with daily needs shopping and the downtown entertainment district. Part of a two (2) property, sixty-one (61) unit portfolio that may be purchased together or separately. Portfolio priced at $4,945,00, $82k average per unit!

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Contacts

broker

Adam Lucatello

broker

Andy Hodgson

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise
  • Transit Score ®

    56/100 Good Transit
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Stockton, CA
  • Neighborhood Downtown Stockton
  • Zip Code 95202
  • Market Central Valley

Points of Interest

  • Stockton–Downtown

    0.36 miles

  • Stockton–San Joaquin Street

    0.89 miles

  • Chevron

    0.25 miles

  • Valero

    0.40 miles

  • Chevron

    0.68 miles

  • Hardy's Gas & Snacks

    0.80 miles

  • Arco

    0.84 miles

  • Shell:

    1.26 miles

  • Arco

    1.50 miles

  • Arco

    1.52 miles

  • Chevron

    1.52 miles

  • Valero

    1.55 miles

  • State Lot

    0.37 miles

  • Market Street Garage

    0.40 miles

  • Hunter Street Garage

    0.44 miles

  • Stewart Eberhardt Parking Garage

    0.45 miles

  • Private Parking (Customers & Employees)

    0.45 miles

  • Locke 2

    2.90 miles

  • Locke 1

    2.93 miles

  • Holt 2

    2.98 miles

  • Locke 3

    2.98 miles

  • Holt 1

    3.02 miles

  • Stockton Travellers Motel

    0.44 miles

  • Howard Johnson Stockton

    0.50 miles

  • University Plaza Waterfront Hotel

    0.51 miles

  • Crest Motel

    0.70 miles

  • Budget Inn

    0.84 miles

  • Executive Lodge Inn

    0.89 miles

  • Pacific Motel

    1.12 miles

  • Stockton City Motel

    1.29 miles

  • Stockton Motor Inn

    1.39 miles

  • Alhambra Motel

    1.49 miles

  • CanCun

    0.27 miles

  • Subway

    0.27 miles

  • Mimosas Corner

    0.47 miles

  • Taco Bell

    0.70 miles

  • Yum Yum Donuts

    0.72 miles

  • El Forrestero

    0.72 miles

  • El Polo Loco

    0.75 miles

  • Burger King

    0.76 miles

  • Le's Dynasty

    0.78 miles

  • Subway

    0.79 miles

  • Trinity Lutheran School

    0.09 miles

  • Saint Marys Assumption School

    0.20 miles

  • Stockton Unified Early College Academy

    0.67 miles

  • Stockton Alternative High School

    0.68 miles

  • Saint Marys Annunciation School

    0.84 miles

  • El Dorado Elementary School

    0.97 miles

  • Saint Gertrudes School

    0.97 miles

  • Grunsky Elementary School

    1.14 miles

  • John Fremont High School

    1.15 miles

  • Victory Elementary School

    1.20 miles

Frequently Asked Questions

What is the lease rate for MULTI-FAMILY BUILDING FOR SALE?

Rental asking rate at MULTI-FAMILY BUILDING FOR SALE is $1,425,000.00/YR.

What is the total square footage of MULTI-FAMILY BUILDING FOR SALE?

MULTI-FAMILY BUILDING FOR SALE totals 15,392 square feet.

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