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4983 Kentfield Rd - 4983 Kentfield Rd.

4 Unit Apartment Building Offered at $799,999 at a 5.76% Cap Rate in Stockton, CA 95207

Investment Highlights

  • 4 Units with Private Patios
  • Abundant storage
  • Walking distance to shopping, laundromat, bus stops

Executive Summary

Rare 4 Plex Townhouse style units. Each unit has1,225 SF with private patio, 3 Beds, 2.5 Baths, abundant storage cabinets & closets, kitchen with dining space, central HVAC systems (2 new). Tile floors downstairs and upstairs bathrooms. Laminate in all bdrms & hallways. It has fresh exterior paint, off street parking w/6 reserved spaces, new driveway, newly resealed and striped parking lot, and recently installed double pane windows. Within walking distance are laundromat, grocery store, city park, school bus stop, & public bus linking to downtown, Weberstown shops & Delta Community College. All units have below market rents, occupied by long-term tenants with good income, presenting stable income from rent, plus potential income from a laundry room. This property offers an ideal investment opportunity with significant potential for long term growth.

Property Facts Under Contract

Price $799,999
Price Per Unit $200,000
Sale Type Investment
Cap Rate 5.76%
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.17 AC
Building Size 4,900 SF
Average Occupancy 100%
No. Stories 2
Year Built 1966
Parking Ratio 1.22/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 4 - 1,225
Bike Score ®
Very Bikeable (74)
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
104-100-09
Land Assessment
$47,341
Improvements Assessment
$224,880
Total Assessment
$272,221

zoning

Zoning Code Multi-Family
Multi-Family
  • Listing ID: 32999952

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 4983 Kentfield Rd, Stockton, CA 95207

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