438 E Magnolia ST, Stockton, CA 95202
438 E Magnolia ST, Stockton, CA 95202
438 E Magnolia ST, Stockton, CA 95202
10
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$624,900
Est. payment /mo
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3,550 SqFt
Pending

438 E Magnolia ST Stockton, CA 95202

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C Ray Brower

C Ray Brower

+1(209) 418-0238

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $176

MLS Listing ID 225047346

HOA Y/N No

Year Built 1900

Lot Size 5001.000 Acres

Acres 0.1148

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

5 Units Victorian Investment, Fully Occupied and cash flowing, perfect for Investors looking for value add opportunity with upside in rents. Do not miss this rare gem! All tenants pay on time. Located just steps from Stanislaus State Campus. Rental Breakdown: Unit 1: $1200, Unit 2: $1000, Unit 3: $990, Unit 4 $800, Unit 5: $700. Stable income from day one. 1 unit has been updated with new kitchen cabinets and quartz countertop, new vinyl flooring, paint, texture and light fixtures. New exterior paint, individually metered PG&E. Walking distance to St Joseph's Hospital and clinics, parks, schools and stores.

Location

State CA

County San Joaquin

Area 20701

Direction From N California, West on Magnolia, Property is on your left side.

Rooms

Other Rooms Unit-1 Approx SqFt: 700 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 850 SqFt Source: Not Measured Unit-2 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 990 Unit-3 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1200 Unit-4 Bedrooms: 1 Full Baths: 1 Rent: 1000

Interior

Heating Wall Furnace, Other

Cooling Wall Unit(s), Other

Flooring Tile, Vinyl, Other

Appliance Gas Water Heater

Laundry Other, Washer/Dryer Hookups

Exterior

Parking Features Other

Utilities Available City, Electric, Natural Gas Connected, Sewer Connected, Other

Water Access Desc Meter on Site

Roof Type Composition

Total Parking Spaces 5

Building

Lot Description None

Story 2

Foundation Raised

Water Meter on Site

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 139-180-18

Special Listing Condition None

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate | License ID: 01969248

+1(209) 418-0238

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438 E Magnolia ST