1617 N El Dorado Street
Stockton, CA, 95204
$
729,999
Baths0.0
Sq
4,615
Monthly Estimate*
$
4,495
Studio for $729,999. This 4,615 square foot home was built in 1924 on a lot size of 0.1263.
RARE opportunity to own a well-maintained, income-producing four-plex in one of Stockton's most desirable and walkable neighborhoods. Just moments from Miracle Mile, Downtown Stockton, and the University of the Pacific (UOP). Multi-family properties with four units are becoming increasingly difficult to find, making this an exceptional opportunity for investors or owner-occupants seeking long-term value and stable cash flow. Blending timeless 1920s character with thoughtful modern updates, this charming property offers both strong investment fundamentals and an appealing lifestyle for tenants. Residents enjoy being within walking distance to an exciting mix of local restaurants featuring Japanese, Laotian, Thai, Chinese, Korean, Greek, Hispanic, and classic American cuisine, along with boutique shopping, coffee houses, breweries, ice cream shops, and vibrant neighborhood amenities. The fully occupied property features four spacious units with functional layouts designed for comfortable everyday living. The two upstairs units are occupied by long-term tenants and offer generous living spaces with separate living and family rooms, spacious kitchens, and classic architectural charm. The two downstairs units have been tastefully updated with modern finishes while preserving the property's original character. Unit 1617 is a beautifully renovated two-bedroom unit featuring a modernized kitchen and bathroom, updated flooring, contemporary lighting, and refreshed finishes throughout. Unit 1623 offers a spacious two-bedroom layout with newer flooring, countertops, appliances, updated lighting and ceiling fans, plus a cozy bedroom fireplace that adds warmth and charm. Both downstairs units enjoy access to a welcoming covered front porch, enhancing curb appeal and outdoor living space. Generating approximately $5,432 in monthly rental income and $65,184 annually, this property offers immediate cash flow with future upside potential. Priced at $729,999 with an attractive GRM of approximately 11.20% and estimate cap rate 6% to 6.5%, this investment presents a compelling opportunity in a highly desirable rental corridor. Whether you're a seasoned investor looking to expand your portfolio, or an owner-occupant interested in living in one unit while generating rental income from the others, this four-plex offers flexibility, stability, location, and long-term growth potential in the heart of Stockton.
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Features
General
Sewer
Public Sewer
Heating
Fireplace(s)
Floor Furnace
Cooling
Ceiling Fan(s)
None
Utilities
Sewer Connected
City
Roof
Shingle
Unit 4 Rent
1550
Unit 2 Rent
1201
Unit 3 Rent
1600
Unit 1 Rent
1081
HOA Fee
0
Garage Spaces
0.0
Patio/Porch Features
Balcony/Deck
Varies by Unit
Enclosed Deck
Architectural Style
A-Frame
Victorian
Construction Materials
Vinyl Siding
Wood
Year Built
1924
Tenant Pays
Electricity
Sewer
Gas
Water
View
Other
Stories Count
2
Property Subtype
Quadruplex
Elevation
0
Building Name
12
SPERRY'S ADD BLK 7 LOT 11
County
San Joaquin
Property Type
Residential Income
HOA
N
Subdivision Name
Sperrys Add
Total Rooms
6
Close Price
0.0
Status
Active
Directions
Please use GPS
City
Stockton
High School District
Stockton Unified
Zoning Description
R
Open Parking Spaces
4.0
Number Of Units Total
4
MLS Area
20701
Lot Size Square Feet
5502.0
Carport Spaces
0.0
Property Condition
Updated/Remodeled
Varies by Unit
Ok to Lease
Month To Month
Standard Status
Active
Middle/Junior School District
Stockton Unified
Elementary School District
Stockton Unified
Year Built Source
Assessor Auto-Fill
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Interior
Basement
Storage Area
Partial
Flooring
Carpet
Laminate
Vinyl
Linoleum
Wood
Luxury Vinyl Plank
Total Stories
2
Furnished Units
None
Unit 1 Full Baths
1
Unit 2 Full Baths
1
Unit 3 Full Baths
1
Unit1Bedrooms
1
Unit3Bedrooms
2
Window Features
Dual Pane Partial
Window Screens
Laundry Features
In Each Unit
Laundry Closet
Washer/Dryer Hookups
Unit 1 Bedroom Units Total
4
Unit 2 Bedroom Units Total
2
Unit 3 Bedroom Units Total
0
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Exterior
Parking Features
Off Street
Open
Side-by-Side
Detached
Uncovered
Guest Parking Available
Lot Features
Shape Regular
Sidewalk
Other
Water Source
Public
Total Parking
4.0
Foundation Details
PillarPostPier
Raised
Number of Buildings
1
Lot Dimensions
5502
Lot Size Acres
0.1263
Lot Size Source
Assessor Auto-Fill
Covered Spaces
0.0
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* Excluded Features
Affordability Calculator
- Monthly Principal & Interest
- $4,495
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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
$732,551
Percent of Sale Price
0%
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 |
|
3/9/2026
|
$729,999
|
|
Listed Price
|