1231 E Miner AVE, Stockton, CA 95205
1231 E Miner AVE, Stockton, CA 95205
1231 E Miner AVE, Stockton, CA 95205
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$260,000
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5,000 Sqft Lot
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1231 E Miner AVE Stockton, CA 95205

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226102253

HOA Y/N No

Year Built 1926

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Triplex

Source MLS Metrolist

Property Description

**Mixed-use investment opportunity offering flexibility for investors, owner-users, and value-add buyers.** The property features ground-floor commercial space along with two additional attached two-story residential units, providing multiple potential income streams. Conveniently located in an established area with access to shopping, services, transportation, and other amenities that may help support tenant demand. The property presents **three potential investment strategies: 1. Stabilize & Rent: Complete cosmetic improvements to the existing commercial and residential spaces and position the property for leasing and stabilization. 2. Improve & Add Income:** Modernize the existing spaces while exploring opportunities to create additional income streams. The detached garage could potentially be rented exclusively to one of the property's three tenants at a premium for parking, storage, or dedicated use. The basement provides another potential value-add opportunity, with space that could be explored for coin-operated laundry facilities, tenant storage, or other functional uses. All uses are subject to applicable requirements and approvals. 3. Larger Value-Add Strategy:For an investor prepared for a larger capital improvement project, explore additional redevelopment opportunities, including the potential conversion or development of additional dwelling space or an ADU, subject to feasibility and City approval. With existing commercial and residential components, a detached garage, basement, and multiple potential value-add opportunities, this property gives an investor the flexibility to pursue anything from a straightforward renovation and stabilization strategy to a more comprehensive redevelopment plan.

Location

State CA

County San Joaquin

Area 20801

Direction From I-5, go north on Wilson way, right headed west on Miner. Subject property is on right hand side.

Rooms

Other Rooms Unit-1 Type: Store Approx SqFt: 200 Partial Baths: 1 Total Rooms: 2 Occupancy: Vacant SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 950 Bedrooms: 3 Full Baths: 1 Total Rooms: 5 Occupancy: Vacant SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 950 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant SqFt Source: Not Measured

Basement Storage Area, Partial

Interior

Heating Floor Furnace, Gas

Cooling Ceiling Fan(s), Other

Flooring Laminate, Vinyl

Window Features Caulked/Sealed,Other

Appliance Free Standing Gas Oven, Free Standing Gas Range, Other

Laundry Washer/Dryer Hookups

Exterior

Exterior Feature Fenced Yard, Yard Space

Parking Features Off Street, Carport, Covered, RV Storage, Detached, Garage, Varies by Unit, Other

Garage Spaces 1.0

Utilities Available City, Sewer In & Connected, Electric, Natural Gas Connected

Water Access Desc Meter on Site,Public

View Other

Roof Type Composition,Flat,Other

Topography Level

Porch Balcony/Deck, Uncovered Deck, Covered Patio, Varies by Unit

Total Parking Spaces 5

Building

Lot Description Curbs/Gutters, Zero Lot Line, Other

Story 1

Foundation Concrete, ConcretePerimeter, Raised

Sewer Public Sewer

Water Meter on Site, Public

Architectural Style Other

Level or Stories Two

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 151-120-28

Special Listing Condition Offer As Is


MetroList® Services, Inc
Listed by Lynel Ford Realty

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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

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+1(209) 418-0238

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1231 E Miner AVE