1608 E 6th ST Active Save Request In-Person Tour Request Virtual Tour
Stockton,CA 95206
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 17,552 sqft
Price per Sqft $142
MLS Listing ID 224107413
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1941
Lot Size 1.690 Acres
Acres 1.69
Property Description
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.
Location
State CA
County San Joaquin
Area 20801
Direction From S. Airport Way, make a left or a right to East 6th Street.
Interior
Heating Floor Furnace
Cooling Wall Unit(s),Varies by Unit
Flooring Carpet,Vinyl,Wood
Appliance Gas Water Heater,Varies By Unit,Free Standing Electric Range
Laundry Varies by Unit
Exterior
Exterior Feature Fenced Yard
Garage Open,Street,Uncovered
Utilities Available Cable Available,Natural Gas Connected,Electric
Water Access Desc Public
View Park
Roof Type Shingle
Topography Level
Total Parking Spaces 32
Building
Lot Description Curb(s),Curbs/Gutters,Sidewalk,Landscape Back,Landscape Front
Story 2
Foundation Raised, Slab
Sewer In & Connected,Public Sewer
Water Public
Level or Stories One, Two
Schools
Elementary Schools Stockton Unified
Middle Schools Stockton Unified
High Schools Stockton Unified
School District San Joaquin
Others
Senior Community No
Tax ID 169-190-21
Special Listing Condition Offer As Is