50
See all 50 photos
$1,550,000
Est. payment /mo
0.78 Acres Lot
New
1506 S Mariposa Stockton, CA 95205
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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
Listed by Carla Evans California Equity Real Estate 209-485-3923, DRE #01705900
NEARBY SCHOOL & BUSINESS