623 North Edison Street

Stockton, CA 95203

$2,475,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Opportunity! To own an investment property, close to downtown Stockton with a Cap rate of over 6.8% with opportunity to increase rents. This 22-unit apartment building consists of 3 two bedrooms, 11 one bedrooms, and 8 studios. Property has been completely renovated and most units have tile flooring, dual pane windows, Granite Countertops/New kitchen. Recent improvements include 12 remodeled units 2022/2023 Multiple units with new appliances, All units wall heater maintenance, weatherproofing...Great Opportunity! To own an investment property, close to downtown Stockton with a Cap rate of over 6.8% with opportunity to increase rents. This 22-unit apartment building consists of 3 two bedrooms, 11 one bedrooms, and 8 studios. Property has been completely renovated and most units have tile flooring, dual pane windows, Granite Countertops/New kitchen. Recent improvements include 12 remodeled units 2022/2023 Multiple units with new appliances, All units wall heater maintenance, weatherproofing performed 2022/2023 Multiple units drain lines upgraded to ABS. 2023 Exterior painting of all buildings, metal fence, & railing, 623 N Edison electric panel completely rewired to bring up to code, Newer 270K BTU Commercial water heater & new 100ft 1 1/4 gas pipe to water heater from meter, roof waterproofing, gutters and inspection report available for 627 N Edison. Section of new gutters and downspout installed at 623 N Edison. 2021 new CPVC hot water pipe to 627 N Edison, New wooden staircase 627 N Edison. 2020 new 110 linear feet ABS sewer lines to city main sewer connection. A must see! See Memorandum attached.
  1. Listed by Frankie Thornton • DRE #01250086 • Arriaga Real Estate

Property Details for 623 North Edison Street

Parking Features
Off Street, Covered, Street
Zoning
RES
LISTING UPDATED: 08/02/2024 02:09 PM

Property Details for 623 North Edison Street

StatusActive
MLS #224084477
Days on Compass108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1967
Lot Size0.17 AC / 7,548 SF
CountySan Joaquin County

Building Information for 623 North Edison Street

Stories2Residences22Year Built1967Building Size-Lot Size0.17 AC / 7,548 SF

Property Information for 623 North Edison Street

Summary
Location and General Information
  • Area/District: 20701
  • Area Short Display: 20701
  • Cross Street: W Park St.
  • City: Stockton
  • County: San Joaquin
  • State: CA
  • Zip Code: 95203
  • Directions to Property: Exit 473-Oak St./ Fremont St. Left on Fremont, Left on N Harrison St. Left to W Park St. to Address 623/627 N Edison St.
Taxes and HOA Information
  • APN: 135-443-07
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
  • Association Fee: $.00
School Information
  • School District (County): San Joaquin
  • Elementary School District: Stockton Unified
  • Middle or Junior School District: Stockton Unified
  • Senior High School District: Stockton Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Acres: 0.1733
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 7550.0
  • Lot Features: Shape Regular, Sidewalk
Property and Assessments
  • Year Built: 1967
  • Picture Count: 62
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 3.0
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 3
  • Construction Materials: Stucco
  • Foundation: Other
  • Stories: 2
Interior Features
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Cooling: Wall Unit(s), Window Unit(s)
  • Flooring: Tile
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 11
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 3
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 8
  • # Of Units Total: 22
  • Total # Leasable: 0
  • Num of Units: 22
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Apartment
Income & Expenses
  • Income Includes: Rent Only
Rental
Rent Information
  • Lease Deposit: 0.0
  • Studio Annual Occupancy: .00%

Property History for 623 North Edison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 623 North Edison Street

Taxable ValueLand$167,325Additions$479,671Total$646,996
Tax Record2024$8,201 ($683 / month)
Home Facts
Baths11Total Finished SqFt7,040 SqFtAbove Grade Finished SqFt7,040 SqFtStories2Lot Size7,550 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningRLCountySAN JOAQUINAPN135-443-080-000Fireplace TypeHas Fireplace

Schools near 623 North Edison Street

This home is within Stockton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - K to 8
Public - K to 8
Public - K to 8
Rating
School
Distance
Victory Elementary School
PublicK to 8

Wilson Elementary School
PublicK to 8

Cleveland Elementary School
PublicK to 8

El Dorado Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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623 North Edison Street is a multi-family home for sale in Stockton, CA 95203. This property was listed for sale on August 1, 2024 by Arriaga Real Estate, it's currently listed at $2,475,000. This listing's school district is Stockton Unified School District. Nearby schools include Victory Elementary School, Wilson Elementary School and Cleveland Elementary School. 623 North Edison Street is a 0-bed, 0-bath, multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Arriaga Real Estate, Frankie Thornton, DRE #01250086

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