Home | San Joaquin County | Stockton | 95204 | 1905 N El Dorado St
MLS: ME225142769 | Status: | Price: $2,300,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 11,158 | 0.446 | – |
El Dorado Townhomes is a well-maintained 20-unit multifamily investment offering exceptional value add potential in the Pacific submarket of Stockton CA. The property features 100% one-bedroom townhome unitsa desirable floor plan in high demand among renters. Current rents sit approximately 13% below market, providing a clear path for income growth through modest operational and management enhancements, without the need for significant capital investment. Upon stabilization, the asset is projected to generate an attractive cash-on-cash return approaching 10%. Stockton's rental market fundamentals remain strong, with fewer than 100 market-rate units currently in the development pipeline and steady population and employment growth fueling continued demand for rental housing. 1905 N El Dorado Street presents investors with the opportunity to acquire a well maintained asset at a significant discount to replacement costtimed perfectly as interest rates begin to ease. Favorable market conditions are creating highly attractive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical averages.
| Field | Value |
|---|---|
| MLS # | ME225142769 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 164 |
| Feature | Details |
|---|---|
| Flooring | Carpet, Tile |
| Laundry | Coin Operated |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition, Rolled/Hot Mop |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Carport(s) - Awning, Covered Parking, Off-Site Parking, Off-Street Parking, Garage: 0 Car(s) |
| Elementary District | Stockton Unified |
| High School District | Stockton Unified |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Complex Amenities | Community Security Gate |
| Zoning | R-3 |
Isaac Merritt
ALIVE Commercial Real Estate
License #: 02153945
Phone: (530) 401-1885
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 20 | 20 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 558 | 1 | 1/0 | $1,157 | – | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 623 N Edison | $2,399,000 | – | – | 7,040 | |
| 143 S California St | $2,395,000 | – | – | 22,600 | |
| 310 W Poplar St | $2,290,000 | – | – | 11,249 |
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This listing information is up-to-date as of January 26, 2026. For the most current information, please contact Isaac Merritt, (530) 401-1885.