1905 N El Dorado Street, Stockton, CA 95204
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1905 N El Dorado Street,Stockton, CA 95204
$2,300,000
- - Beds
- - Baths
- 11,158 sq. ft.
- Multi-family
- Active
Listed by: isaac merritt
Office: alive commercial real estate
MLS#:225142769
Source:MFMLS
Price summary
- Price:$2,300,000
- Price per sq. ft.:$206.13
About this home
El Dorado Townhomes is a well-maintained 20-unit multifamily investment offering exceptional value add potential in the Pacific submarket of Stockton CA. The property features 100% one-bedroom townhome unitsa desirable floor plan in high demand among renters. Current rents sit approximately 13% below market, providing a clear path for income growth through modest operational and management enhancements, without the need for significant capital investment. Upon stabilization, the asset is projected to generate an attractive cash-on-cash return approaching 10%. Stockton's rental market fundamentals remain strong, with fewer than 100 market-rate units currently in the development pipeline and steady population and employment growth fueling continued demand for rental housing. 1905 N El Dorado Street presents investors with the opportunity to acquire a well maintained asset at a significant discount to replacement costtimed perfectly as interest rates begin to ease. Favorable market conditions are creating highly attractive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical averages.
Contact an agent
Home facts
- Year built:1971
- Listing ID #:225142769
- Added:119 day(s) ago
- Updated:March 10, 2026 at 02:54 PM
Rooms and interior
- Flooring:Carpet, Tile Floor
- Living area:11,158 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition Shingle
- Year built:1971
- Building area:11,158 sq. ft.
- Lot area:0.45 Acres
- Lot Features:Corner, Garden
- Construction Materials:Stucco, Wood
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$206.13
New listings near 1905 N El Dorado Street
- Open Sat, 1 to 3pmNew
$499,900Active4 beds 3 baths2,227 sq. ft.4504 Helens Oaks Circle, Stockton, CA 95210
MLS# 226007219Listed by: HOMESMART PV & ASSOCIATES - Open Sat, 12 to 2pmNew
$499,000Active3 beds 2 baths1,855 sq. ft.2131 Canyon Creek Drive, Stockton, CA 95207
MLS# 226021511Listed by: PMZ REAL ESTATE - Open Sat, 11am to 2pmNew
$413,000Active3 beds 3 baths1,386 sq. ft.5808 Gentry Avenue, Stockton, CA 95210
MLS# 226027932Listed by: CENTURY 21 SELECT REAL ESTATE - New
$524,900Active4 beds 3 baths2,209 sq. ft.9578 Scarboro Place, Stockton, CA 95209
MLS# 226027812Listed by: HOMESMART PV AND ASSOCIATES - New
$415,000Active3 beds 1 baths1,326 sq. ft.1535 Valencia Avenue, Stockton, CA 95209
MLS# 226027462Listed by: HOMELINK REAL ESTATE - New
$250,000Active1 beds 1 baths842 sq. ft.201 W Worth Street, Stockton, CA 95206
MLS# 226027755Listed by: APPROVED REAL ESTATE GROUP - New
$399,000Active4 beds 2 baths1,815 sq. ft.2201 Portola Avenue, Stockton, CA 95209
MLS# 226027849Listed by: REALTY ONE GROUP COMPLETE - New
$450,000Active-- beds -- baths1,884 sq. ft.42 Martinique Court, Stockton, CA 95210
MLS# 226027904Listed by: NEW CENTURI REALTY - New
$459,000Active3 beds 2 baths1,674 sq. ft.2121 2121 Cody Ct, Stockton, CA 95209
MLS# 41126530Listed by: MARGARITA MINO REALTY & LOANS - Open Sat, 11am to 2pmNew
$419,500Active3 beds 2 baths1,136 sq. ft.2228 Chambord Drive, Stockton, CA 95210
MLS# 226027279Listed by: PREMIER AGENT NETWORK