28 S American Street
Stockton, CA, 95202
$
1,450,000
Baths0.0
Sq
15,000
Monthly Estimate*
$
9,046
Studio for $1,450,000. This 15,000 square foot home was built in 1925 on a lot size of 0.1148.
Stellar Income, Cash Cow! Performing Asset! 29 units 15,000 Sq.+- Sq.Ft.,plus basement, which is not calculated in the Public Record square footage, that may be, approximately +-, an additional 5,000 Sq.Ft. with approximately 10,000.00+- Sq. Ft.in use, with 29 Units, which according to Seller, are almost 100% occupied, which is Subject To Change, without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft.,of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dining, coffee, shops, etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!
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Features
General
Sewer
Sewer in Street
Public Sewer
Heating
Varies by Unit
Other
Cooling
Varies by Unit
Utilities
Sewer Connected
Other
Roof
Tar/Gravel
Appliances
Varies By Unit
Other
Unit 4 Rent
0
Unit 2 Rent
0
Unit 3 Rent
0
Unit 1 Rent
0
HOA Fee
0
Garage Spaces
0.0
Construction Materials
Brick
Concrete
Masonry
Other
Year Built
1925
Tenant Pays
Rent Only
Stories Count
3
Levels
0
Property Subtype
5 or More Units
Elevation
0
Accessibility
0
County
San Joaquin
Property Type
ResidentialIncome
HOA
N
Total Rooms
0
Close Price
0.0
Status
Active
Directions
From Hwy 5
take Hwy 4 East to Downtown Stockton. Take Stanislaus Street (Exit 66A) exit into Stockton. Turn Left on South El Dorado Street. Turn Right on East Market Street. Left on South American St
City
Stockton
High School District
Stockton Unified
Zoning Description
CD/Universal Land Use/Stores/Residential
Open Parking Spaces
0.0
Number Of Units Total
29
MLS Area
20801
Lot Size Square Feet
5001.0
Carport Spaces
0.0
Property Condition
Fixer
Updated/Remodeled
Ok to Lease
Lease/Month to Month Mix
Standard Status
Active
Middle/Junior School District
Stockton Unified
Elementary School District
Stockton Unified
Year Built Source
Assessor Agent-Fill
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Interior
Basement
Storage Area
Unfinished
Flooring
Tile
Vinyl
Linoleum
Varies by Unit
Total Stories
3
Unit 1 Full Baths
0
Unit 2 Full Baths
0
Unit 3 Full Baths
0
Unit1Bedrooms
0
Unit3Bedrooms
0
Window Features
Varies by Unit
Other
Laundry Features
Other
Unit 1 Bedroom Units Total
0
Unit 2 Bedroom Units Total
0
Unit 3 Bedroom Units Total
0
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Exterior
Parking Features
Off Street
Open
Other
Lot Features
Curbs/Gutters
Sidewalk
Other
Water Source
Water District
Meter on Site
Public
Total Parking
0.0
Foundation Details
Concrete
Other
Raised
Number of Buildings
1
Lot Size Acres
0.1148
Lot Size Source
Assessor Agent-Fill
Covered Spaces
0.0
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* Excluded Features
List By
Intrust Properties, Inc.
Broker
Affordability Calculator
- Monthly Principal & Interest
- $9,046
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Multi-family listings in Stockton, CA
Average List Price
$612,342
Percent of Sale Price
58%
About Stockton, CA
307,034
Population
24%
Since 2002
$
46,193
Median Income
33.4
Median Age
38%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193759
Elementary School
3193623
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
5/6/2025
|
$1,450,000
|
|
Listed Price
|