945 N El Dorado St
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945 N El Dorado St
45 Unit Apartment Building $3,995,000 ($88,778/Unit) 6.80% Cap Rate Stockton, CA 95202
Investment Highlights
- THE LOCATION: Eden Square is close to all the activities in Downtown Stockton. Activities such as the Farmers Markets, and Stockton Arena
- THE OWNERS: The Owners are a family Office who manage Eden Park themselves with a meticulous level of care and pride of ownership.
- THE RESIDENTS: Most of the residents are long term who appreciate the convenience of being in close proximity of the Central Business District.
Executive Summary
Eden Park was built in 1928 with renovation taken place numerous times in recent years. It is a Mixed-Use Community with Twenty (20) Studios at 475 square feet, Sixteen (16) one bedroom, one bath units at 838 square feet and Two (2) Live-Work units at 1,875 square feet. The residential portion totals 26,658 square feet. There are Seven (7) Commercial Spaces ranging from 500 square feet to as much as 11,000 square feet with a total of 20,650 square feet.
Combined, there is 47,308 Square Feet. This translates into a price per foot of $84.44 at the current offering price.
There is both an underground garage as well as open parking adjacent to the building.
Combined, there is 47,308 Square Feet. This translates into a price per foot of $84.44 at the current offering price.
There is both an underground garage as well as open parking adjacent to the building.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2025) Click Here to Access
Gross Rental Income | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $3,995,000 | Building Class | B |
Price Per Unit | $88,778 | Lot Size | 0.60 AC |
Sale Type | Investment | Building Size | 60,434 SF |
Cap Rate | 6.80% | Average Occupancy | 98% |
No. Units | 45 | No. Stories | 5 |
Property Type | Multifamily | Year Built/Renovated | 1928/2015 |
Property Subtype | Apartment | Parking Ratio | 0.74/1,000 SF |
Apartment Style | Mid Rise | Opportunity Zone |
Yes
|
Price | $3,995,000 |
Price Per Unit | $88,778 |
Sale Type | Investment |
Cap Rate | 6.80% |
No. Units | 45 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.60 AC |
Building Size | 60,434 SF |
Average Occupancy | 98% |
No. Stories | 5 |
Year Built/Renovated | 1928/2015 |
Parking Ratio | 0.74/1,000 SF |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Views
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Property Manager on Site
- Gated
- Video Patrol
- On-Site Retail
- Vintage Building
- Public Transportation
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 9 | - | 500 - 11,000 |
Studios | 20 | - | 475 - 600 |
1+1 | 16 | - | 825 |
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Walk Score®
Very Walkable (85)
PROPERTY TAXES
Parcel Number | 139-040-38 | Improvements Assessment | $2,210,723 (2024) |
Land Assessment | $335,083 (2024) | Total Assessment | $2,545,806 (2024) |
PROPERTY TAXES
Parcel Number
139-040-38
Land Assessment
$335,083 (2024)
Improvements Assessment
$2,210,723 (2024)
Total Assessment
$2,545,806 (2024)
zoning
Zoning Code | CD (CD - commercial downtown) |
CD (CD - commercial downtown) |
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945 N El Dorado St
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