$2,850,000 Price Analysis   ♡   Stockton, CA 95202 20 bed 1 bath 492 SqFt ($5792/SqFt) 7,501SqFt lot. Built 1917 Listed 2024-04-25, Taxes $14,910 | Ⓧ USDA Ineligible due to price & location near Stockton |
We are pleased to present the Legacy Apartments
A thirty-six (36) unit apartment building with gated parking lot on two (2) contiguous parcels. The Legacy Apartments is a unique opportunity for an investor to acquire a s izable asset located in the Downtown Submarket of Stockton, CA with a strong historical occupancy and solid value add characteristics. 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 fantastic opportunity for an investr to own units in the rapidly appreciating Stockton market. Do not disturb tenants.
Presented by Andrew Hodgson at
Colliers Parrish Inten'l Inc.
Property MLS #224042933 from MetroList
Heating Features: Wall Furnace
Lot Size Acres: 0.1722
Lot Size Square Feet: 7501
Parking Total: 12
Calculated Total Monthly Association Fees: 0
Number of Studio Units: 20
Number of 1 Bedroom Units: 12
Number of 2 Bedroom Units: 4
Bedrooms in Unit-1: 1
Full Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 3
Unit-1 Square Feet: 492
Unit 1 Total Actual Rent: 980
High School District: Stockton Unified
Middle or Junior School District: Stockton Unified
Map directions Map directions Map directions Map directionsNumber of Units Leased: 36
County: San Joaquin
Cross Street: E. Lindsay St
Directions: Take the Stanislaus St exit on HWY 4. Head North towards E. Lindsay St. Take the left on E. Lindsay St. then take a right on N. California St. The property will be on your right.
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 South
Source Neighborhood: 20801
Parcel Number: 139-230-23
Street Suffix Modifier: 420
Zoning: Downtown Commercial
Property Subtype: Apartments
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,087,211 + $96,498 $1,183,709 | $14,910 |
| 2021 | $1,065,894 + $94,606 $1,160,500 | $14,335 |
| 2020 | $1,054,965 + $93,636 $1,148,601 | $14,614 |
| 2019 | $1,034,280 + $91,800 $1,126,080 | $14,558 |
| 2018 | $1,087,949 + $116,189 $1,204,138 | $15,560 |
| 2017 | $1,066,617 + $113,911 $1,180,528 | $14,745 |
| 2016 | $1,045,708 + $111,678 $1,157,386 | $15,014 |
| 2015 | $632,286 + $47,030 $679,316 | $9,061 |
| 2014 | $619,901 + $46,108 $666,009 | $8,547 |
| 2013 | $617,100 + $45,900 $663,000 | $8,352 |
| 2012 | $332,611 + $100,814 $433,425 | $5,290 |
| 2010 | $326,091 + $98,838 $424,929 | $5,146 |
| 2009 | $324,425 + $98,333 $422,758 | $4,958 |
| 2009 | $323,654 + $98,099 $421,753 | $4,958 |
| 2008 | $318,065 + $96,405 $414,470 | $4,948 |
| 2007 | $311,829 + $94,515 $406,344 | $4,665 |
$2,850,000
MetroList
Sold 2018-02-09
$1,225,000
Public Record
Sold 1989-01-31
$140,500
Public Record
Sold 1984-10-15
$235,000
Public Record
Construction Materials: Brick, Stucco, Wood
Foundation Details: Raised
Property Age: 107
Levels or Stories: 4
Structure Type: 5 or More Units
Cable Available
Natural Gas Connected
Cable Connected
Electric
Water Source: Meter on Site, Public
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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.