For more information regarding the value of a property, please contact us for a free consultation.
27 W Magnolia ST Stockton, CA 95202
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20056669
Year Built 1882
Lot Size 7,492 Sqft
Property Description
27-31 W Magnolia St., Stockton is a well maintained 5 unit complex within the high demand rental market of the outer downtown. The subject property is easy to manage with low expenses as its metered for electrical and gas which are paid for by the tenants plus each unit is equipped with its own water heater. The property is comprised of four (4) - 1 Bedroom / 1 Bath plus one (1) Studio/1 Bath apartments with an average of 463 SF. The average rental rate of $788 indicates that the rental housing market is in high demand in this area. Public record varies in the construction date but much of the exterior and interiors have been noticeably upgraded over the decades. The stucco and foundation appear to be in very good condition along with the interiors.
Location
State CA
County San Joaquin
Area 20701
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Carpet, Tile
Equipment None
Laundry Other
Exterior
Garage Uncovered
Utilities Available Natural Gas Connected, Cable Connected, City
Roof Type Composition
Building
Lot Description Shape Regular, Curbs/Gutters
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Special Listing Condition None
Read Less
Bought with PCG Commercial, Inc