625 North Commerce Street

Stockton, CA 95202

$1,687,500
Price
1
Beds
1
Bath
7,368 Sq. Ft.
$229 / Sq. Ft.
7,368
Sq. Ft.
$229
per Sq. Ft.

Description

The Commerce Street Apartments are a 15-unit complex nestled in Stockton's desirable Downtown Waterfront district. Professionally maintained and improved far above the standards of nearby properties, this asset provides an investor with a stable income stream and very low management responsibility. The asset is 100% occupied at near market rents, providing an investor with north of a 6% return on current net operating income, with room to grow! The property is made up of fifteen (15) units; fourteen...The Commerce Street Apartments are a 15-unit complex nestled in Stockton's desirable Downtown Waterfront district. Professionally maintained and improved far above the standards of nearby properties, this asset provides an investor with a stable income stream and very low management responsibility. The asset is 100% occupied at near market rents, providing an investor with north of a 6% return on current net operating income, with room to grow! The property is made up of fifteen (15) units; fourteen (14) are 1bedroom, 1bathroom units, approximately 462 square feet and one (1) 3bedroom, 2bathroom units, approximately 900 square feet. Located near the corner of W. Oak Street and N. Commerce Street, the Commerce Street Apartments are less than 100 yards away from the Adventist Health Arena (home to many professional sports teams), a short walk to Banner Island Ballpark (home of the Stockton Ports Baseball Team), and Stockton's well known Downtown Waterfront entertainment district. Do Not Disturb Tenants.
  1. Listed by Andrew Hodgson • DRE #01796017 • Colliers Parrish Intenational Inc.
    P: (209)-401-9085 andy.hodgson@colliers.com

Property Details for 625 North Commerce Street

Parking Features
Street, Uncovered, See Remarks
Zoning
High Density Residential
LISTING UPDATED: 12/13/2024 03:27 PM

Property Details for 625 North Commerce Street

StatusActive
MLS #224133269
Days on Compass4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1961
Lot Size0.34 AC / 15,002 SF
CountySan Joaquin County

Building Information for 625 North Commerce Street

Stories2Residences15Year Built1961Building Size-Lot Size0.34 AC / 15,002 SF

Property Information for 625 North Commerce Street

Summary
Location and General Information
  • Area/District: 20701
  • Area Short Display: 20701
  • Cross Street: W. Oak Street
  • City: Stockton
  • County: San Joaquin
  • State: CA
  • Zip Code: 95202
  • Directions to Property: Take Exit 66A off of HWY 4 onto N. El Dorado Street. Continue on N. El Dorado Street for half a mile and then take a left onto Park Street. Turn left onto N. Commerce Street. The property will be on your right.
Taxes and HOA Information
  • APN: 137-190-12
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • 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: 8
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Owner
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.3444
  • Lot Size Source: Owner
  • Lot Size Square Feet: 15002.0
  • Lot Features: None
Property and Assessments
  • Home Warranty: false
  • Irrigation: See Remarks
  • Year Built: 1961
  • Picture Count: 12
  • Photos Provided By: Agent
  • Elevation: 0
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Census Tract: 1.02
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: See Remarks
  • Utilities: Natural Gas Connected, Cable Connected, City, Electric
  • Water Source: Meter on Site
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Stucco, Wood
  • Foundation: Raised
  • Horse Property: false
  • Pool: false
  • Senior Community: false
Interior Features
  • Heating: Central, Wall Furnace, See Remarks
  • Laundry Features: Other
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Ceiling Fan(s), Central, Wall Unit(s), See Remarks
  • Flooring: Carpet, Vinyl
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 14
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 1
  • 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: 0
  • Num of Units: 15
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $1,150.00
  • Unit 1 Approx SqFt: 462.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 2
  • Unit 1 Type: Apartment
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
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: See Remarks
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%

Property History for 625 North Commerce 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 625 North Commerce Street

Taxable ValueLand$424,483Additions$1,167,328Total$1,591,811
Tax Record2024$19,789 ($1,649 / month)
Home Facts
Baths15Total Finished SqFt8,517 SqFtAbove Grade Finished SqFt8,517 SqFtStories2Lot Size15,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningR3CountySAN JOAQUINAPN137-190-120-000

Schools near 625 North Commerce 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
Wilson Elementary School
PublicK to 8

Victory 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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625 North Commerce Street is a multi-family home for sale in Stockton, CA 95202. This property was listed for sale on December 13, 2024 by Colliers Parrish Intenational Inc., it's currently listed at $1,687,500. It has been on the market for a total of 4 days and was last sold on December 8, 2020. This listing's school district is Stockton Unified School District. Nearby schools include Wilson Elementary School, Victory Elementary School and Cleveland Elementary School. 625 North Commerce Street is a 1-bed, 1-bath, 7,368 sqft multi-family home built in 1961.

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 Colliers Parrish Intenational Inc., Andrew Hodgson, DRE #01796017

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.