Property Details
About this Property
Reduced Price with extremely motivated Seller. Fixer with a solid 10% cap rate. Exceptional multifamily investment opportunity situated in Boggs Tract encompassing a generous almost half-acre lot, this property features 2 single-family houses and a side-by-side duplex. (4) 2-bedroom, 1-bathroom units totaling 2,675 square feet. Front side-by-side duplex converted into 4 studios has demo permit and a fresh plans to satisfy County violation to convert back. After renovations, front house will be side-by-side duplex with 2, 2 bedroom units. Property has two paying tenants in single family units in the back, cash-flowing from day 1 with a gross income of $2400 per month. Effortless access to diverse destinations, making it an ideal choice for both tenants and investors. The rear portion of the property offers substantial space for a creative investor to enhance its value, and property is on public electric, water and sewage, ripe for subdivision with Buyer to verify. Explore the blend of cash-flow, opportunity, and potential in this investment gem. This property was a foreclosure sale currently owned by previous lender. Offers accepted on a rolling basis. Property is subject to Inspection. Do not disturb tenants.
MLS Listing Information
MLS #
ME223096800
MLS Source
MetroList Services, Inc.
Interior Features
Flooring
Laminate, Varies by Unit, Vinyl
Cooling
None, Varies by Unit, Window/Wall Unit
Heating
Gas, Individual Room Controls, Wall Furnace
Exterior Features
Roof
Shingle
Foundation
Raised, Slab, Concrete Perimeter and Slab
Style
Flat, Traditional
Parking, School, and Other Information
Garage/Parking
Guest / Visitor 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
Zoning
R-L
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 2 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 725 | 2 | 1/0 | $1,197 |
| 2 | 725 | 2 | 1/0 | $1,200 |
| 3 | 612 | 2 | 1/0 | $1,300 |
| 4 | 612 | 2 | 1/0 | $1,300 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
526 S Los Angeles Ave is a Residential Income in Stockton, CA 95203. This 2,675 square foot property sits on a 0.5 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $345,000 and was built in 1950. This address can also be written as 526 S Los Angeles Ave, Stockton, CA 95203.
©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of January 16, 2024. For the most current information, please contact Keith Yoder, (714) 944-5702
