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Tom Daves

tom@tomdavesteam.com +1(916) 900-0118

$ 1,800,000

Est. payment -/mo

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Pending

1576 E 6th ST Stockton, CA 95206

13,644 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 13,644 sqft

Price per Sqft $131

MLS Listing ID 225096316

HOA Y/N No

Year Built 1941

Lot Size 1.319 Acres

Acres 1.3195

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

We are delighted to bring back this unique opportunity to own 16 units of the Fairview Apartments off S. Airport Way, a well-established, well run apartment complex with strong historical occupancy. The property is near Stockton Metropolitan Airport, Williams Brotherhood Park and Merlo Institute of Environmental Technology. The San Joaquin Fair Grounds is a few blocks away, as well as the Dorothy L. James Family Resource Center. Outside parking (not designated) is available at a ratio of two per unit with room to roam around including street parking nearby. All the units have a metered electric and gas while the landlord pays for water, sewer and garbage. Recent capital upgrade includes roof improvements. You could assume on the average rents are low with long term tenants in place, but the upside according to Table 2-3 Municipal Code, the allowable density is: 17.5 to 30 units per net acre and 13.2 to 24 dwelling units per gross acre. Please check with City of Stockton for accuracy of information.

Location

State CA

County San Joaquin

Area 20801

Direction From S. Airport Way, make a left or right on East 6th

Interior

Heating Floor Furnace

Cooling Wall Unit(s), Varies by Unit

Flooring Carpet, Vinyl, Wood

Appliance Gas Water Heater, Free Standing Electric Range

Laundry Varies by Unit

Exterior

Exterior Feature Fenced Yard

Parking Features Open, Street, Uncovered

Utilities Available Cable Available, Natural Gas Connected, Electric

Water Access Desc Public

Total Parking Spaces 32

Building

Lot Description Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front

Story 2

Foundation Raised, Slab

Sewer In & Connected, Public Sewer

Water Public

Level or Stories One, Two

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 169-190-22

Special Listing Condition Offer As Is

Listed by Coldwell Banker Valley Central

Tom Daves

Agent | License ID: 00581837

+1(916) 900-0118

Tom Daves

1576 E 6th ST Stockton, CA 95206

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1576 E 6th ST