1616 East Market Street

Stockton, CA 95205

$2,600,000
Price
2
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 1616 East Market Street, Stockton, CA! This impressive (16) unit apartment building offers a lucrative investment opportunity with long-term tenants and solid cash flow. Built in 1992, the property features (16) units - all two bed, one bath, approx 792 sqft each. Building amenities include: on-site laundry, private/secure parking, with an outstanding property management company willing to remain with new ownership. This well-maintained complex is an excellent addition to any investment...Welcome to 1616 East Market Street, Stockton, CA! This impressive (16) unit apartment building offers a lucrative investment opportunity with long-term tenants and solid cash flow. Built in 1992, the property features (16) units - all two bed, one bath, approx 792 sqft each. Building amenities include: on-site laundry, private/secure parking, with an outstanding property management company willing to remain with new ownership. This well-maintained complex is an excellent addition to any investment portfolio. Located in a prime area, an hour south of Sacramento this property offers convenience and potential for growth. Don't miss this chance to own a profitable and well-situated investment property in Stockton!

Listing Agents

  1. George El-Chemali

    George El-Chemali

    Listing Agent

    Compass

    DRE #02129952

  2. Lisa Becker

    Lisa Becker

    Alternative Listing Agent

    Compass

    DRE #02004550

Property Details for 1616 East Market Street

Parking Features
Guest Parking Avail, See Remarks
Architectural Style
Contemporary
Zoning
C2

Location

Listing Courtesy of Compass, George El-Chemali, DRE #02129952; Compass, Lisa Becker, DRE #02004550
Add your commute
LISTING UPDATED: 05/24/2024 10:29 AM

Property Details for 1616 East Market Street

StatusActive
MLS #224055154
Days on Compass24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1993
Lot Size0.56 AC / 24,432 SF
CountySan Joaquin County

Location

Listing Courtesy of Compass, George El-Chemali, DRE #02129952; Compass, Lisa Becker, DRE #02004550
Add your commute

Building Information for 1616 East Market Street

Stories2Residences16Year Built1993Building Size-Lot Size0.56 AC / 24,432 SF

Payment Calculator

$14,838 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$649

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1616 East Market Street

Summary
Location and General Information
  • Area/District: 20801
  • Area Short Display: 20801
  • Cross Street: S Wilson Way
  • City: Stockton
  • County: San Joaquin
  • State: CA
  • Zip Code: 95205
  • Directions to Property: Heading South on I-5, merge onto CA-4 East, Exit Wilson Way, turn left on Wilson Way, then turn right on E Market St.
Taxes and HOA Information
  • APN: 155-020-66
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
  • Association Fee: $.00
School Information
  • School District (County): San Joaquin
  • Elementary School District: Stockton Unified
  • Middle or Junior School District: Stockton Unified
  • Senior High School District: Stockton Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 16
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Acres: 0.5609
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 24433.0
  • Lot Features: Private, Other
Property and Assessments
  • Irrigation: See Remarks
  • Year Built: 1993
  • Picture Count: 11
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: All Units
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 19.0
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: See Remarks
  • Utilities: City
  • Water Source: See Remarks
Interior and Exterior Features
Exterior Features
  • Loading: Private
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Wood
  • Foundation: Slab, See Remarks
  • Stories: 2
  • Levels: Two
Interior Features
  • Heating: See Remarks
  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, See Remarks
  • Laundry Features: In Common Area
  • Cooling: See Remarks
  • Flooring: Carpet, Tile, See Remarks
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 16
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # Of Units Total: 16
  • Total # Leasable: 16
  • Num of Units: 16
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Rental
  • Unit 1 Rent: $1,170.00
  • Unit 1 Approx SqFt: 750.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 4
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Income & Expenses
  • Income Includes: Laundry, See Remarks
  • Operating Expense Includes: Professional Management, Electricity, Vacancy Allowance, Water/Sewer
Rental
Rent Information
  • Lease Term: Varies By Unit
  • Lease Deposit: 0.0
  • Studio Annual Occupancy: .00%

Property History for 1616 East Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1616 East Market Street

Taxable ValueLand$86,892Additions$521,369Total$608,261
Tax Record2023$7,790 ($649 / month)
Home Facts
Baths16Total Finished SqFt12,672 SqFtAbove Grade Finished SqFt12,672 SqFtStories2Lot Size24,431 SqFtStyleMulti-Family Res (5+ Units)Year Built1993ZoningC2CountySAN JOAQUINAPN155-020-660-000

Schools near 1616 East Market Street

This home is within Stockton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - K to 8
Public - K to 8
Public - K to 8
Rating
School
Distance
Fillmore Elementary School
PublicK to 8

King Elementary School
PublicK to 8

John C. Fremont Elementary School
PublicK to 8

Roosevelt Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

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1616 East Market Street is a multi-family home for sale in Stockton, CA 95205. This property was listed for sale on May 22, 2024 by Compass, it's currently listed at $2,600,000. It has been on the market for a total of 24 days and was last sold on September 13, 2000. This listing's school district is Stockton Unified School District. Nearby schools include Fillmore Elementary School, King Elementary School and John C. Fremont Elementary School. 1616 East Market Street is a 2-bed, 1-bath, multi-family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, George El-Chemali, DRE #02129952; Compass, Lisa Becker, DRE #02004550

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