x
Address
2612 Cherokee Road Stockton, CA
Price
$ 799,900
Property Attributes
  • MLS#18070417
  • TypeIncome
  • CountySAN JOAQUIN
  • CityStockton
  • Zip95205
  • Style
  • Price$ 799,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size1 Acres
Listing Provided Courtesy Of:
Ricardo Gil Jr CalBRE# - 01800755 with Gil's Real Estate
Property Description

14 units on over 1 acre of land with over 12% projected cap rate. See attached Rent Roll, current as of September 18, 2018. Potential for over $11,500 in gross rents, and still has room for expansion. There is no more life estate on this property, so all 14 units will be rented by November 1, 2018. 1 acre lot adjacent to property, pictured above, is not included in asking price, but can be purchased separately.

Elementary School Middle School High School
Stockton Unified Elementary School Stockton Unified Middle School Stockton Unified High School
Price History
10/19/2018 Listed $799,990
1/8/2019 1% - $799,900

General Features

Air Varies by Unit
Amenities None
Apn 119-262-10
Area 20702
Cc&rs No
Census Tract 17.00
Construction Wood
Energy Features Ceiling Fan(s)
HOA MetroList Services, Inc.
HOA No
Property Description 14 units on over 1 acre of land with over 12% projected cap rate. See attached Rent Roll, current as of September 18, 2018. Potential for over $11, 500 in gross rents
Property Subtype 5 or More Units
School County San Joaquin
Stories 1
Total # Indiv Units 14
Total # Leasable 14
Year Built 1920
Zoning SFR

Interior Features

# of 1 Bedroom Units 8
# of 2 Bedroom Units 4
Equipment None
Floor Covering(s) Carpet
Furnished Y/N None
Heating Varies by Unit
Kitchen Appliances Range Gas F/S
Unit 1 Apx Sq Ft 650
Unit 2 Apx Sq Ft 900
Unit 3 Apx Sq Ft 700
Unit 4 Apx Sq Ft 675
Unit 4 Full Baths 1

Exterior Features

# Of Studio Units 2
Unit 1 Bedrooms 2
Unit 1 Full Baths 1
Unit 1 Rent 850
Unit 2 Bedrooms 2
Unit 2 Full Baths 1
Unit 2 Rent 1200
Unit 3 Bedrooms 2
Unit 3 Full Baths 1
Unit 3 Rent 1000
Unit 4 Bedrooms 2
Unit 4 Rent 900
Acres 1.0000
Exterior Wood
Parking Open
Roof Description Comp Shingle
Total # Of Bldgs 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95205

Price
AVG $430K
$800K
Visits
AVG 57
200
Year Built
AVG 1935
1920
Walkscore
AVG 64
46
Data Provided by Walkscore ® not using MLS data

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.