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Eric Hatch

[email protected] +1(530) 277-3489

$ 2,600,000

Est. payment -/mo

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1608 E 6th ST Stockton, CA 95206

17,552 SqFt

UPDATED:

10/08/2024 10:43 PM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 17,552 sqft

Price per Sqft $148

MLS Listing ID 224107413

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1941

Lot Size 1.690 Acres

Acres 1.69

Property Description

We are ecstatic to present a unique opportunity to own 20 units of the Fairview Apartments off S. Airport Way, a well-established, well run apartment complex with strong historical occupancy. The APNs are as follows: 169-190-210 & 169-190-220. Four separate units sitting on almost 2 acres of sprawling land adjacent to Williams Brotherhood Park, and Merlo Institute of Environmental Technology. The San Joaquin Fair Grounds is a few blocks away, so is the Dorothy L. James Family Resource Center. The units comprise of 8 three-bedroom, one bath, and 12, two-bedroom, one bath units. Outside parking (not designated) is available at a ratio of two per unit with room to roam around including street parking nearby. All the units have a metered electric and gas while the landlord pays for water, sewer and garbage. Recent capital upgrade includes roof improvements. You could assume on the average rents are low with long term tenants in place, but the upside according to Table 2-3 Municipal Code, the allowable density is: 17.5 to 30 units per net acre and 13.2 to 24 dwelling units per gross acre. Please check with City of Stockton for accuracy of information.

Location

State CA

County San Joaquin

Area 20801

Direction From S. Airport Way, make a left or a right to East 6th Street.

Interior

Heating Floor Furnace

Cooling Wall Unit(s), Varies by Unit

Flooring Carpet, Vinyl, Wood

Appliance Gas Water Heater, Varies By Unit, Free Standing Electric Range

Laundry Varies by Unit

Exterior

Exterior Feature Fenced Yard

Garage Open, Street, Uncovered

Utilities Available Cable Available, Natural Gas Connected, Electric

Water Access Desc Public

View Park

Roof Type Shingle

Topography Level

Total Parking Spaces 32

Building

Lot Description Curb(s), Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front

Story 2

Foundation Raised, Slab

Sewer In & Connected, Public Sewer

Water Public

Level or Stories One, Two

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 169-190-21

Special Listing Condition Offer As Is

Listed by Coldwell Banker Valley Central

Eric Hatch

Broker Associate | CA DRE#01180864

+1(530) 277-3489

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Eric Hatch

Eric Hatch

1608 E 6th ST Stockton, CA 95206

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1608 E 6th ST