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Listed by Carla Evans, DRE #01705900 • California Equity Real Estate
$ 1,550,000
Est. payment /mo
Active
1506 S Mariposa Stockton, CA 95205
0.78 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMC26213487
Year Built 1938
Lot Size 0.775 Acres
Source California Regional MLS
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
Laundry In Laundry Room
Exterior
Garage Spaces 25.0
Pool None
Building
Water District - Public
Others
Tax ID 173020055
Special Listing Condition Not Applicable
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