1506 S Mariposa RD, Stockton, CA 95205
1506 S Mariposa RD, Stockton, CA 95205
1506 S Mariposa RD, Stockton, CA 95205
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Lance McHan

Lance McHan

+1(209) 279-2235
$1,550,000
Est. payment /mo
4,898 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,898 sqft

Price per Sqft $316

MLS Listing ID 226122577

HOA Y/N No

Year Built 1938

Lot Size 0.775 Acres

Acres 0.7752

Property Sub-Type 5 or More Units

Source MLS Metrolist

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

Area 20801

Direction Highway 99 from Stockton West on Charterway, left on Mariposa Rd property is directly on your left side.

Interior

Heating Electric

Cooling Individual

Flooring Tile, Laminate, See Remarks

Window Features Dual Pane Full

Laundry Coin Operated, In Common Area, Other

Exterior

Exterior Feature Yard Space

Parking Features Guest Parking Available

Utilities Available Electric

Water Access Desc Public

Roof Type Shingle,Composition

Total Parking Spaces 20

Building

Lot Description Curbs/Gutters, Sidewalk

Story 1

Foundation Raised, Slab

Sewer Septic System

Water Public

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 173-020-55

Space Rent $1,200

Special Listing Condition None

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MetroList® Services, Inc
Listed by California Equity Real Estate

Nearby School & Business

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Lance McHan

Lance McHan

+1(209) 279-2235

Broker Associate License ID: 01987449

Broker Associate License ID: 01987449

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