143 143 S California St, Stockton, CA 95202, Stockton, 95202 - bed, bath
143 143 S California St
Stockton, CA 95202
Property Price
SUMMARY
Analysis of 143 143 S California St, Stockton, CA 95202 is currently available with a list price of $2,395,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Stockton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Originally built in 1920, this mixed-use property is aged and requires minor renovations to the vacant ground-floor commercial units and the secondary building's residential units. While it features some functional updates like dual-pane windows, new roll-up doors, and city-approved elevators, the 'value-add' description and vacancy in the residential components suggest the interior finishes and systems are outdated and require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Stable Cash Flow
The 18,000 sq. ft. main building features a 5-year master lease on the second and third floors, offering immediate and reliable NN income for the investor.
- Significant Value-Add Potential
With three vacant ground-floor commercial units and an entirely vacant second building containing retail and residential units, there is substantial upside to increase the Net Operating Income (NOI).
- Strategic Location & Infrastructure
Situated in downtown Stockton near government offices and Highway 4, the property includes key upgrades such as new roll-up doors, dual-pane windows, and city-approved elevators.
CONSRISKS & DEFICIENCIES
- Initial Vacancy & Renovation Costs
The ground floor units and the second building require minor renovations and active leasing efforts, posing an initial capital requirement and vacancy risk.
- Historic Building Maintenance
Originally constructed in 1920, the property may require ongoing maintenance or future modernization typical of century-old structures to remain competitive.
About 143 143 S California St
This offering presents a seasoned investor the opportunity to acquire two buildings on a 10,000 Sq. Ft. lot on one APN (149- 130-100-000) in downtown Stockton, CA. A minutes walk from San Joaquin County Human Services Agency building, the first building, 143 S California St is an 18,000 Sq. Ft. mixed use investment property right off CA Highway 4. Comprised of three floors, the entire 2nd and 3rd floors are master leased for 5 years on a NN lease. The ground floor has three vacant commercial units awaiting minor renovations to be ready to be leased. 143 S California St features new roll-up doors for the commercial units, dual pane windows, and recently serviced and city approved elevators. The second building is 437 E Washington St, a two story, approximately 2,000 Sq. Ft. mixed use building comprised of two retail units and two residential units delivered fully vacant providing an additional value add component.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1920
- Lot Size
- 10,000 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,804 | 2,948 | 50% |
| Lot Size | 10,000 | 6,250.5 | 75% |
| Price | $2.40M | $514.8K | 75% |
| Price per sq ft | $854 | $214 | 75% |
| Built year | 1920 | 1910 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 140 | 25% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,395,000
Initial Listing
Sold
Oct 8, 2021
$1,725,000
Public Record