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28-34 S American

3 Properties Offered at $1,789,990 in Stockton, CA

Executive Summary

Stellar Income,Cash Cow! Performimg Asset! 3 Parcels,with 34 units combined includes 34 S. American St.,which is 5 Units+basement, Approx. +-5101 Sq.Ft. Coupled with a 3 story 15,000 Sq.+- Sq.Ft.,plus basement,which is not calulated in the Public Record square footage,that may be approximatley+-perhaps,an additional 5,000 Sq.Ft. with approximately 10,000.00+- Sq. Ft.in use, with 29 Units,which according to Seller,are almost 100% occupied,which is Subject To Change,without Notice.Furthermore,at this time,according to Seller,the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income,from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft.,of Residential/Store Fronts,contingent upon approval from Stockton Municipality Enforcement Entities,that have jurisdiction regarding aforementioned. Close to shopping, transit, dinning,coffee shops,etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!

Property Facts

Price $1,789,990
Price / SF $88.26 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 20,280 SF
Total Land Area 0.33 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
34 S American St, Stockton, CA 95202 Retail 5,280 SF 1920 -
32 S American St, Stockton, CA 95202 Land 0.11 AC - -
28 S American St, Stockton, CA 95202 Multifamily 15,000 SF 1925 -
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  • Listing ID: 33924485

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 28-34 S American, Stockton, CA

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