1506 S Mariposa, Stockton, CA 95205
1506 S Mariposa, Stockton, CA 95205
1506 S Mariposa, Stockton, CA 95205
1506 S Mariposa, Stockton, CA 95205
1506 S Mariposa, Stockton, CA 95205
1506 S Mariposa, Stockton, CA 95205
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$ 1,550,000
Est. payment | /mo

0.78 Acres Lot


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$ 1,550,000
Est. payment | /mo
Save

0.78 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC26213487

HOA Y/N No

Year Built 1938

Lot Size 0.775 Acres

Property Sub-Type Mixed Use

Property Description

Unique investment opportunity featuring 22 upgraded units with significant improvements already completed. Each unit offers updated interiors, modern flooring, fresh paint, upgraded kitchen areas, and individual split-system heating and air conditioning. The property also features two large commercial kitchens, an on-site laundry facility, gym, and manager's office. Conveniently located near Highway 99 with easy access to shopping, restaurants, transportation, and other amenities. This versatile property offers an investor multiple potential income strategies, including continued hospitality operations, long-term rental possibilities, or future redevelopment, subject to applicable zoning, licensing, and governmental approvals. Seller financing may be considered with acceptable terms. An excellent opportunity for an investor seeking a multi-unit property with extensive improvements already in place and additional value-add potential. Buyer to independently verify permitted uses, unit configuration, income potential, and all property information.

Location

State CA

County San Joaquin

Interior

Fireplace No

Laundry Laundry Room

Exterior

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 25

Private Pool No

Building

Lot Description 21-25 Units/Acre

Story 1

Sewer Septic Type Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 173020055

Acceptable Financing Cash, 1031 Exchange, Lease Back, Lease Option, Owner Will Carry

Listing Terms Cash, 1031 Exchange, Lease Back, Lease Option, Owner Will Carry

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Carla Evans California Equity Real Estate 209-485-3923, DRE #01705900

Nearby Locations

Jessamine Walker

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1506 S Mariposa

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