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519 N Monroe St 4 Unit Apartment Building $795,000 ($198,750/Unit) 8.30% Cap Rate Stockton, CA 95203

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INVESTMENT HIGHLIGHTS

  • Great rental Income - Currently rents are 1500 per unit
  • Great location next to downtown
  • Individually Metered - low Maintenance Cost
  • One unit available for owner move in

EXECUTIVE SUMMARY

Key Features:
Fully remodeled fourplex – turnkey investment
Each unit upgraded with:
New kitchens
Updated electrical and plumbing
Mini-split HVAC systems in every unit
New insulation and finishes
Strong rental potential with low maintenance needs

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $72,000 $20.27
Other Income - -
Vacancy Loss - -
Effective Gross Income $72,000 $20.27
Taxes - -
Operating Expenses - -
Total Expenses $8,400 $2.36
Net Operating Income $63,600 $17.91

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $72,000
Annual Per SF $20.27
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $72,000
Annual Per SF $20.27
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $8,400
Annual Per SF $2.36
Net Operating Income
Annual $63,600
Annual Per SF $17.91

PROPERTY FACTS Under Contract

Price $795,000
Price Per Unit $198,750
Sale Type Investment
Cap Rate 8.30%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Single-Family Home
Lot Size 0.13 AC
Building Size 3,552 SF
Average Occupancy 75%
No. Stories 2
Year Built/Renovated 1915/2025
Opportunity Zone Yes
Zoning Quadruplex - Located nearby downtown Stockton’s waterfront, Stockton Arena, and Stockton Ballpark, this prime location provides easy access to entertain

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 $1,500 888
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
137-202-10
Land Assessment
$92,006
Improvements Assessment
$313,905
Total Assessment
$405,911
  • Listing ID: 35997241

  • Date on Market: 5/27/2025

  • Last Updated:

  • Address: 519 N Monroe St, Stockton, CA 95203

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