28 S American Street, Stockton, CA 95202
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
28 S American Street,Stockton, CA 95202
$1,450,000
- - Beds
- - Baths
- 15,000 sq. ft.
- Multi-family
- Active
Listed by:james burkett
Office:intrust properties, inc.
MLS#:225057842
Source:MFMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$96.67
About this home
Stellar Income, Cash Cow! Performing Asset! 29 units 15,000 Sq.+- Sq.Ft.,plus basement, which is not calculated in the Public Record square footage, that may be, approximately +-, an additional 5,000 Sq.Ft. with approximately 10,000.00+- Sq. Ft.in use, with 29 Units,which according to Seller, are almost 100% occupied, which is Subject To Change, without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft.,of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dining, coffee, shops, etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!
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Home facts
- Year built:1925
- Listing ID #:225057842
- Added:148 day(s) ago
- Updated:October 01, 2025 at 02:57 PM
Rooms and interior
- Living area:15,000 sq. ft.
Heating and cooling
- Cooling:Varies by Unit
- Heating:Varies by Unit
Structure and exterior
- Roof:Tar/Gravel
- Year built:1925
- Building area:15,000 sq. ft.
- Lot area:0.11 Acres
Utilities
- Sewer:Public Sewer, Sewer in Street
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$96.67
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