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$1,098,888   Price Analysis
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2324 Franklin Ave
Stockton, CA 95204
14 bed 4 bath 3,200 SqFt ($343/SqFt)
7,876SqFt lot. Built 1962
Listed 2024-05-15, Taxes $9,306
Ⓧ USDA Ineligible
due to price & location

near Stockton

Excellent income opportunity on this well maintained 6 plex in the Country Club Area of Stockton.

All units have remodeled bathrooms with tile floors, quartz slab shower stalls, new tubs, vanities and counters. Several long time tenants in the building. Located on a quiet, dead end street, these units have exceptional freeway access! Only 1.8 miles away from the the cmpus of the University of Pacific, the apartments are walking distance to shopping and dining as well.

All tenants are month to month. There are (4) 2 Bdrm/1 Bath units. Market Rents would be $1500 per month. There are 2 units with potential for 3r d small Bedroom/Office. The room is complete with a closet. $1650 would be the market rents for these units with the extra room. There are 6 units total. The location of these


Presented by Julian Sepulveda,III at
Sepulveda Real Estate.


Property MLS #224049420 from MetroList

Bedrooms: 14

Total Rooms: 14

Laundry Features: Coin Operated

Cooling Features: Window Unit(s)
Heating Features: Wall Furnace

Full Bathrooms: 4

Flooring: Carpet, Tile, Vinyl

Lot Description: Shape Regular
Lot Dimensions Source: Acres
Lot Size Acres: 0.1808
Lot Size Square Feet: 7876

Open Parking Spaces: 6
Parking Features: Off Street
Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of 2 Bedroom Units: 4
Number of 3 Bedroom Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 2
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 23
Unit-3 Description: month to month. unit has 3rd room that has potential use as 3rd bedroom/office
Unit-4 Description: Tenant Vacating. Unit has 3rd room that has potential use as 3rd bdrm/office.
Unit-1 Square Feet: 775
Unit-2 Square Feet: 775
Unit-3 Square Feet: 825
Unit-4 Square Feet: 825
Unit 1 Total Actual Rent: 1300
Unit 2 Total Actual Rent: 1182
Unit 3 Total Actual Rent: 1100
Unit 4 Total Actual Rent: 1600

Elementary School District: Stockton Unified
High School District: Stockton Unified
Middle or Junior School District: Stockton Unified

Stagg Senior High School is a public high school located approximately 1.3 miles away.
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Montessori Children's House is a private elementary school located approximately 0.3 miles away.
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Madison Elementary School is a public elementary and middle school located approximately 0.4 miles away.
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Income Includes: Laundry
Lease Term: Month To Month
Number of Units Leased: 5

Source Listing Status: Active
County: San Joaquin
Cross Street: Country Club
Directions: Interstate 5 to Country Club. Go east on Country Club from the freeway. Right on Franklin. Apartment is on the left hand side.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential Income
Area: Stockton Central
Source Neighborhood: 20701
Parcel Number: 123-090-02
Zoning: MULTI UNIT
Property Subtype: Apartments
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$522,434 + $187,108
$709,542
$9,306
2021$512,191 + $183,440
$695,631
$8,960
2020$506,940 + $181,560
$688,500
$9,124
2019$497,000 + $178,000
$675,000
$9,088
2018$311,197 + $52,969
$364,166
$5,155
2017$305,096 + $51,931
$357,027
$4,906
2016$299,115 + $50,913
$350,028
$4,984
2015$294,624 + $50,149
$344,773
$4,980
2014$182,000 + $32,000
$214,000
$3,193
2013$145,000 + $50,000
$195,000
$2,540
2012$145,000 + $50,000
$195,000
$2,503
2010$145,000 + $50,000
$195,000
$2,557
2009$274,976 + $46,804
$321,780
$3,916
2009$145,000 + $50,000
$195,000
$3,916
2008$269,585 + $45,887
$315,472
$3,908
2007$264,300 + $44,987
$309,287
$3,689

Listed 2024-05-15
$1,098,888
MetroList
Sold 2018-10-15
$675,000
MetroList
Relisted 2018-10-03
$695,000
MetroList
Listing removed 2018-09-21
$695,000
MetroList
Listed 2018-03-22
$695,000
MetroList
Listing removed 2017-01-09
$545,000
MetroList
Listed 2016-11-04
$545,000
MetroList
Listing removed 2016-10-30
$545,000
MetroList
Listed 2016-03-29
$545,000
MetroList
Listing removed 2016-03-02
$545,000
MetroList
Price Changed 2015-10-22
$545,000
MetroList
Listed 2015-10-06
$445,000
MetroList

Year Built: 1962
Construction Materials: Stucco, Wood
Foundation Details: Slab
Levels: Two
Property Age: 62
Levels or Stories: 2
Structure Type: 5 or More Units

Sewer: Sewer Connected
Natural Gas Connected
Electric
Water Source: Public

Security Features: Carbon Mon Detector, Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.