Active

1608 E 6th Street

Stockton CA, 95206

$2,500,000


$142.43 per sqft

Active

17,552 sqft

Multi-family

Built in 1941

We are ecstatic to present a unique opportunity to own 20 units of the Fairview Apartments off S. Airport Way, a well-established, well run apartment complex with strong historical occupancy. The APNs are as follows: 169-190-21 & 169-190-22. Four separate units sitting on almost 2 acres of sprawling land adjacent to Williams Brotherhood Park, and Merlo Institute of Environmental Technology. The San Joaquin Fair Grounds is a few blocks away, so is the Dorothy L. James Family Resource Center. The units comprise of 8 three-bedroom, one bath, and 12, two-bedroom, one bath units. Outside parking (not designated) is available at a ratio of two per unit with room to roam around including street parking nearby. All the units have a metered electric and gas while the landlord pays for water, sewer and garbage. Recent capital upgrade includes roof improvements. You could assume on the average rents are low with long term tenants in place, but the upside according to Table 2-3 Municipal Code, the allowable density is: 17.5 to 30 units per net acre and 13.2 to 24 dwelling units per gross acre. Please check with City of Stockton for accuracy of information.

224107413

MLS ID

January 21, 2025

Listed

January 22, 2025

Updated

Map

1608 E 6th Street
Stockton CA, 95206

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.69 Acres


Architectual Style

Other Style


Sewer

Public

Other Property Details

Garage

No


Parking Total

32


View

No


County

SAN JOAQUIN


Pool

No

Listing History

Date

Event

Price

11/23/2024

Price change

$2,500,000

-4%

11/20/2024

Price change

$2,600,000

4%

11/20/2024

Price change

$2,500,000

-4%

 

Courtesy of Frew Tibebu

Based on information from DASH - Coldwell Banker (CB) as of 1/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 1:46 AM UTC, 1/22/2025

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