Stockton, CA 95202,721 N Commerce ST
Stockton, CA 95202,721 N Commerce ST
Stockton, CA 95202,721 N Commerce ST
11
$1,146,000
$1,199,000
4.4%
Est.Price: ?

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5,589 SqFt

721 N Commerce ST Stockton, CA 95202

Est. payment /mo
SOLD DATE : 01/10/2025

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Key Details

Sold Price $1,146,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,589 sqft

Price per Sqft $205

MLS Listing ID 224103950

Year Built 1970

Lot Size 7,501 Sqft

Property Sub-Type 5 or More Units

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

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MetroList® Services, Inc
Listed by KPD Real Estate & Advisory Services, Inc.
Bought with Tinetti Realty

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agent

Sierra Player

Agent | CA DRE#02054990

+1(530) 604-9319

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