1414 E Oak Street, Stockton, CA

$780,000

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0.11

Acres

About 1414 E Oak Street

Pleased to present 1414 E. Oak Street or sale, an eight (8) unit apartment complex located in Downtown Stockton. The property is an excellent opportunity for a first time investor to own an apartment complex with below market rents, with a clear path to a higher return through management expense reduction, loss to lease recovery and addition of income streams, such as laundry. Built in 1970, the buildings consists of all one-bedroom, one-bathroom units that are approximately 500 SF in size. The property includes a storage room that may be converted into a laundry room, along with gated, secure entry point tenants. Being sold together with 640 W. Park Street, or separated, 1414 E. Oak Street offers a great opportunity for an investor to own units in the rapidly appreciating Stockton market.

Features of 1414 E Oak Street

MLS® # 223077429
Price $780,000
Acres 0.11
Year Built 1970
Type Residential Income
Sub-Type 5 or More Units
Status Pending

Community Information

Address 1414 E Oak Street
Area Stockton East
City Stockton
County San Joaquin
State CA
Zip Code 95205-4285

Amenities

Parking Spaces 8
Parking See Remarks
Has Pool No

Interior

Interior Varies By Unit
Appliances Disposal, Electric Cook Top
Heating Wall Furnace
Cooling Wall Unit(s)
Fireplace No

Exterior

Lot Description None
Roof Other
Foundation Slab

School Information

Attendance Zone FILLMORE ELEMENTARY SCHOOL, KING ELEMENTARY SCHOOL, ROOSEVELT ELEMENTARY SCHOOL, STAGG HIGH SCHOOL, FREMONT ELEMENTARY LOPEZ MAGNET
District San Joaquin
Elementary Stockton Unified
Middle Stockton Unified
High Stockton Unified

Additional Information

Zoning RH - High Density Residential

Listing Details

OfficeColliers Parrish Intenational Inc.

Listing Map

Listing Schools/Amenities

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