
Stockton, CA 95202
This 6-unit Residential Income Asset represents a Prime Investment Opportunity, listed at $780,000—positioned slightly above the $759,944 Fair Market Value. Despite the premium, the property delivers a robust 7.74% CAP rate and $98,040 in gross yearly rent. Featuring a Turnkey Condition Rating due to a complete high-end remodel, this building eliminates immediate capital expenditure requirements. With a diverse unit mix and modern upgrades like mini-split HVAC, this is a stable, income-generating acquisition ideal for Buy-and-Hold Investors or Portfolio Diversifiers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 W Flora Street Subject | $780,000* List Price | 6 | 6 | 3,648 | $208 | - |
A 715 N Sutter Street Pending | $549,000 List Price | 8 | 4 | 3,033 | $181 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end remodel within the last 5 years. It features modern kitchens with shaker cabinets and stone countertops, updated bathrooms with contemporary tiling, new LVP flooring, and upgraded mini-split HVAC systems.
The property features an impressive 7.74% CAP rate with a gross yearly rent of $98,040, offering immediate and robust cash flow for residential income investors.
Being completely remodeled, the building minimizes the need for immediate capital expenditures, allowing a new owner to focus on management rather than renovations.
The attractive mix of two-bedroom, one-bedroom, and studio units provides a diversified income stream and appeals to a wide range of tenant demographics in the Stockton market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 36, other record bedroom count = 6.
Built in 1916, the property's century-old infrastructure may require more frequent long-term maintenance and oversight compared to modern constructions.
The listing price reflects a significant increase from the most recent sale price of $715,000, which may lead to closer scrutiny during the appraisal process.
Completely remodeled 6 Units total Attractive mix of 1-(2) bedroom and 4-(1) bedrooms and 1 studio High CAP RATE 7.74% Yearly rent $98,040.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.5 |
| Baths | 6.0 | 2.3 |
| Square foot | 3,648 | 1,952.667 |
| Lot Size | 7,275 | 7,118.5 |
| Price | $780.0K | $440.5K |
| Price per sq ft | $214 | $237 |
| Built year | 1916 | 1961 |
| HOA | $0 | $112 |
| Days on market | 117 | 73 |
Sep 1, 2026
$780,000
$800,000
-2% Price Drop
Initial Listing
May 15, 2026
$800,000
Initial Listing
Mar 4, 2025
$715,000
Public Record
Apr 6, 2023
$320,000
Public Record
Apr 6, 2006
$401,000
Public Record
Mar 29, 2004
$370,000
Public Record
Jul 20, 2001
$57,000
Public Record