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27-29 N El Dorado ST Stockton, CA 95207
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Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222085882
Sold Date 01/27/23
HOA Y/N No
Year Built 1964
Lot Size 8,102 Sqft
Acres 0.186
Property Sub-Type Triplex
Source MLS Metrolist
Property Description
Excellent turn-key investment. A great opportunity to own a Tri-Plex centrally located and close to everything in a charming area of Stockton. Two units (6725 & 6727) have 2 Bedroom, 2 full Baths, and 1 Car Garage. The third unit (6729) has 2 Bedrooms, 1 full Bath, and 1 car Garage. 6725 & 6727 have large back yards. All units have washer/dryer hookups. All units were remodeled in 2016 with granite counters, and new appliances. 6727 & 6729 were updated in 2022 with new paint and flooring. Separate utility meters. PLEASE DO NOT DISTURB THE TENANTS. Total annual rents are $55,392. GRM is 11.7 and 8.5% Cap Rate. Potential annual rents of $61,380 with a GRM of 10.6 and 9.4% Cap Rate! A fantastic investment opportunity.
Location
State CA
County San Joaquin
Area 20701
Direction Just NORTH of Harding between Center & El Dorado Streets.
Rooms
Basement None
Interior
Heating Central, Separate
Cooling Separate, Central
Flooring Carpet, Vinyl, Varies by Unit
Appliance Varies By Unit
Laundry In Each Unit, Washer/Dryer Hookups
Exterior
Exterior Feature Yard Space
Parking Features Attached, Side-by-Side, Garage, See Remarks
Garage Spaces 3.0
Utilities Available Electric, Internet Available
Water Access Desc Meter on Site,Public
Roof Type Composition,See Remarks
Topography Level
Total Parking Spaces 6
Building
Lot Description Auto Sprinkler F&R, Shape Regular, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
Story 1
Foundation Raised
Sewer In & Connected
Water Meter on Site, Public
Architectural Style Ranch
Level or Stories One
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Senior Community No
Tax ID 081-200-14
Special Listing Condition None
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Bought with K Hovnanian Companies of CA