Historical Multifamily Sale Listing - 1225 El Monte Street-Sold and closed June 14, 2013

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1225 El Monte Street-Sold and closed June 14, 2013

1225 El Monte Street at Pershing Avenue, NE, Stockton, CA 95207

N/A

11 Units | Multifamily

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Front Elevation-Separate two bedroom ground level unit

Multifamily Property - Off Market

Price:
N/A
No. Units:
11
Building Size:
16,100 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Cap Rate:
7.92%
Occupancy:
100%
No. Stories:
2
Year Built:
1978
Lot Size:
0.37 AC
APN / Parcel ID:
110-203-01
Parking Ratio:
17 / 1,000 SF
Listing ID
17491259
Last Updated
over 1 year ago

Highlights

  • Closed Friday, June 14, 2013.
  • Stockton Unified School District.
  • Sold for $559,350.00 to a local non profit using Federal NSP Funds via the City of Stockton.
  • All electric units with separate PG&E electric meters.
  • 1978-1979 Construction. Building enjoyed above average occupancy history.
  • John K. McCoy-00360484

Description

$559,350.00 the official sales price---Owner single level unit with fireplace. Individual all electric HVAC central heating and air conditioning units. Each unit has a seperate electric hot water heater. 16,100 rentable square feet...New electrical service panel and electric meters now installed. Built by Jeff Larson in 1978-1979 time period.

Seven units are two bedroom floor plans including the front ground level unit originally designed for an owner user with a fireplace...1225 El Monte Street at Pershing Avenue, Brookside Village, Unit 1. .37 acre corner parcel. Two blocks from the University of the Pacific North Campus.

Map of 1225 El Monte Street at Pershing Avenue, NE, Stockton, CA 95207 (San Joaquin County)

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