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The Cottage Homes 2450 S B St 28 Unit Apartment Building $1,875,000 ($66,964/Unit) Stockton, CA 95206

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INVESTMENT HIGHLIGHTS

  • Perfect for investors seeking strong returns & growth potential
  • Prime location near communities, freeway & schools

EXECUTIVE SUMMARY

This property sounds like a solid investment opportunity sitting on almost an acre lot! With 7 single-family rental cottages on one parcel, it offers low expenses, especially with tenants covering their own utilities and maintenance costs. A utilities are separately metered including water & electrical. The property is surrounded by well-maintained single family homes. Walking distance to school, shopping centers & library.

PROPERTY FACTS

Price $1,875,000
Price Per Unit $66,964
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Units 28
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.10 AC
Building Size 7,500 SF
No. Stories 1
Year Built 1965
Opportunity Zone Yes
Zoning R-L - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Yard
  • Grill

SITE AMENITIES

  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 10 $1,250 900 - 1,000
3+1 18 $1,675 1,100 - 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
171-210-29
Land Assessment
$234,257
Improvements Assessment
$881,257
Total Assessment
$1,115,514
  • Listing ID: 35679032

  • Date on Market: 4/29/2025

  • Last Updated:

  • Address: 2450 S B St, Stockton, CA 95206

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