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29852225
29852237

1147 N Monroe St, Stockton, CA 95203 For Sale

RB
CA CA 01058898, CA CA 01878277
LPT Realty
Listed by LPT Realty
$468,888
150 days on market
Updated 150 days ago
Opportunity zone

Cash Cow Potential-Stockton Duplex

Details
APN 137-110-27
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,664
Net Rentable (SqFt) 1,664
Units 2
Cap Rate 5.96%
NOI $27,930
Occupancy 100%
Pro-Forma Cap Rate 5.96%
Pro-Forma NOI $27,930
Price per SqFt $282
Class C
Year Built 1947
Buildings 1
Stories 1
Acreage 0.114
Zoning Duplex
Parking Spaces 2 per unit
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Great Central Stockton Location near Miracle Mile

Marketing description

Stockton Cash Cow Potential

Excellent opportunity to own a well-located duplex that should cash flow from day one ideal for investors. Fully occupied generating immediate income. Each unit is a 2-bedroom, 1 bath and they are each rented for $1,650 per month with a gross scheduled income of $39,600 and a GRM of 11.84! The layout provides privacy between units and strong long-term rental appeal. Located in a central Stockton neighborhood, the property is close to schools, parks, shopping, dining, Miracle Mile, University of the Pacific and public transportation, with convenient access to Highway 99, I-5, and major commuter routes. This location continues to attract consistent tenant demand due to its accessibility and affordability relative to surrounding markets. Whether you're looking to live in one unit and rent the other or add a solid cash-flowing asset to your portfolio, this duplex offers a rare blend of income, flexibility, and upside potential. Don't miss this opportunity to secure a multi-unit property in a high-demand rental market.

Listing courtesy of Eddie Alahwal, DRE Lic #01432782. Comax Realty, Inc.

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Investment highlights

  • Fully occupied generating immediate income.

  • Each unit is a 2-bedroom, 1 bath and they are each rented for $1,650 per month

  • GRM of 11.84!

  • Each unit has a 2 car garage

Listing Contacts

RB
CA CA 01058898, CA CA 01878277
LPT Realty
Listed by LPT Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,930.00
$2,327.50/mo

Valuation Metrics

0
DSCR
5.96%
Cap Rate
5.96%
ROI

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Additional Information

Name
Ron Benning
License
CA 01058898
Brokerage
LPT Realty, Inc
Title
Broker/Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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