9556 Kelley Drive

Stockton, CA 95209

$625,000
Price
Beds
2,945 Sq. Ft.
$212 / Sq. Ft.
2,945
Sq. Ft.
$212
per Sq. Ft.

Description

Great opportunity to own good income producing Triplexes. Seller owns two triplexes (ML81978352 & ML81978348 ) and buyer can buy only one or both Triplexes together. 9556 Kelley Dr Stockton : $645,000 (2945 Sq ft built area. 7000 Sq ft lot.) , 9568 Kelley Dr Stockton: $655,000 (2945 Sq ft built area. 7478 Sq ft lot.) Each Triplex has One 3 bedroom, 2 baths and Two 2 bedrooms 2 baths:Total 7 Bedrooms and 6 Baths. Year Built : 1980 Excellent opportunity to generate passive income. All units are leased....Great opportunity to own good income producing Triplexes. Seller owns two triplexes (ML81978352 & ML81978348 ) and buyer can buy only one or both Triplexes together. 9556 Kelley Dr Stockton : $645,000 (2945 Sq ft built area. 7000 Sq ft lot.) , 9568 Kelley Dr Stockton: $655,000 (2945 Sq ft built area. 7478 Sq ft lot.) Each Triplex has One 3 bedroom, 2 baths and Two 2 bedrooms 2 baths:Total 7 Bedrooms and 6 Baths. Year Built : 1980 Excellent opportunity to generate passive income. All units are leased. All units have wood burning fireplaces. Nice size yard. Desired Lodi School District. Most of the flooring is either tiles or vinyl and kitchens are also remodeled. This property is in a convenient and excellent position close to Hammer Lane shopping, public transportation and quick Hwy 99/ I-5 access. Seller owned these two properties for about 10 years. Proforma's cap rate can be 7.1% as per current market rents. Seller didn't revise the rents to match with the current market rents.
  1. Listed by Ashalatha Vurimi • DRE #01735967 • Brokerage DRE #01469228 • Single Tree Realty • 925-324-3642

Property Details for 9556 Kelley Drive

MLS City Name
STOCKTON
Building Type
TRIPLEX
Garage Spaces
3
Parking Spaces
3
LISTING UPDATED: 10/21/2024 09:29 PM

Property Details for 9556 Kelley Drive

StatusActive
MLS #ML81978348
Days on Compass80
Taxes$3,056 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1980
Lot Size0.16 AC / 7,000 SF
CountySan Joaquin County

Building Information for 9556 Kelley Drive

Stories1Residences3Year Built1980Building Size-Lot Size0.16 AC / 7,000 SF

Property Information for 9556 Kelley Drive

Features
Features
  • Fireplace: No
  • Living SqFt: 2945
  • Pool: No
  • Security Features: Fire Alarm
  • Special Features: Bathroom Features, Kitchen Features, Parking
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air, Electric
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer in Street
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Individual Water Meter
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Stockton East
  • Roof: Shingle
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 9556
  • Street Name: Kelley
  • Street Suffix: Drive
  • Area ID: 20702
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2945
  • Structure SqFt Source: Assessor
  • Age: 44
Development Information
  • Ownership Type: Individual
  • Zoning Detail: NA
Location Information
  • Parcel Number: 078-380-74
  • County Name: San Joaquin
  • City Name: STOCKTON
  • City Postal ID: 207
  • Postal Code: 95209
  • Elementary School District: 1514
  • High School District Text: Lodi Unified
Lot Information
  • Foundation: Other
  • Horse Property: No
  • Lot Acres: .16
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $3,056
  • Building Unit Total: 3
  • Capitalization Rate: 5.16
  • Tenant Expenses: Maintenance - Exterior, Maintenance - Interior, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,023
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $2,621
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $4,720
  • Expenses Total: $11,420
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest
  • Gross Rent Multiplier: 14.30
  • Income Annual Gross: $43,694
  • Income Annual Rental: $43,694
  • Income Gross Scheduled: $43,694
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $1,174
Unit 2 Information
  • Unit 2 Approx Square Footage: 900
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,500
Unit 3 Information
  • Unit 3 Approx Square Footage: 900
  • Unit 3 Full Bathrooms: 2
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,383
Unit Type 1
  • Unit Type1 Approx SqFt: 1125

Property History for 9556 Kelley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9556 Kelley Drive

Taxable ValueLand$100,150Additions$170,847Total$270,997
Tax Record2024$3,171 ($264 / month)
Home Facts
Baths6Total Finished SqFt2,945 SqFtAbove Grade Finished SqFt2,945 SqFtStories1Lot Size7,000 SqFtStyleTriplexYear Built1980ZoningR2CountySAN JOAQUINAPN078-380-740-000Fireplace TypeHas Fireplace

Schools near 9556 Kelley Drive

This home is within Lodi Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Creekside Elementary School
PublicK to 6

Delta Sierra Middle School
Public7 to 8

Bear Creek High School
Public9 to 12

Plaza Robles Continuation High School
Public9 to 12

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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9556 Kelley Drive is a multi-family home for sale in Stockton, CA 95209. This property was listed for sale on August 29, 2024 by Single Tree Realty, it's currently listed at $625,000. It has been on the market for a total of 80 days and was last sold on December 2, 2014. This listing's school district is Lodi Unified School District. Nearby schools include Creekside Elementary School, Delta Sierra Middle School and Bear Creek High School. 9556 Kelley Drive is a 0-bed, 0-bath, 2,945 sqft multi-family home built in 1980.

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 Single Tree Realty, Ashalatha Vurimi, DRE #01735967

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.