
Stockton, CA 95210
The Birches Apartments present an attractive multifamily investment opportunity consisting of 52 units at 7945 N. El Dorado Street in North Stockton. Originally built in 1980, the property features a desirable mix of sixteen (16) 1-BD / 1-BA, thirty-two (32) 2-BD / 1-BA, and four (4) 3-BD / 1-BA units. The spacious floor plans and 62 parking spaces provide a strong foundation for tenant convenience, demand, and long-term rental growth. The property benefits from a central North Stockton location with convenient access to major transportation corridors, retail, dining, and everyday services. Residents are minutes from I-5 and Highway 99, with nearby shopping centers, grocery stores, restaurants, parks, and San Joaquin Delta College, adding to the property's convenience. The combination of a diversified unit mix, ample parking, an assumable below-market loan, and a well-connected location makes The Birches an appealing investment opportunity within the Stockton multifamily market.
Property is extensive renovation needed.
Built in 1980 (44 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems in the description. Per the criteria, properties over 30 years old without significant updates are classified as poor condition, likely requiring rehab to address dated interiors and aging infrastructure.
The property includes an assumable below-market loan, offering a significant financial advantage and enhanced cash-on-cash returns in the current high-interest-rate environment.
A well-balanced mix of 1, 2, and 3-bedroom units caters to a wide demographic, including students and families, which helps stabilize occupancy and mitigate vacancy risks.
The central location provides excellent proximity to San Joaquin Delta College and major transportation corridors like I-5 and Highway 99, ensuring consistent long-term tenant demand.
Originally constructed in 1980, the property may require increased capital expenditures for deferred maintenance and modernization to remain competitive with newer inventory.
The current list price of $7.89M is significantly lower than the previous $9M sale price in early 2025, indicating potential market volatility or a downward trend in asset valuation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 2.5 |
| Square foot | 6,439 | 1,942.25 |
| Lot Size | 94,251 | 6,807.625 |
| Price | $7.89M | $437.6K |
| Price per sq ft | $1.2K | $230 |
| Built year | 1980 | 1962 |
| HOA | $0 | $112 |
| Days on market | 11 | 67 |
Oct 13, 2026
$7,890,000
Initial Listing
Feb 25, 2025
$9,000,000
Public Record
Apr 16, 2018
$5,210,000
Public Record
Mar 27, 2014
$2,350,000
Public Record