4404 Manchester Avenue
Stockton, CA 95207
Active for $8,000,000
Beds: 0 Baths: Structure Size: 16,896 sqft Lot Size: 71,002 sqft
MLS | 24459187 |
Year Built | 1970 |
Property Type | |
County | San Joaquin |
Status | Active |
Active | $8,000,000 |
Structure Size | 16,896 sqft |
Lot Size | 71,002 sqft |
Beds | 0 |
Baths |
Description
Located at 4404 Manchester Avenue, Stockton, CA, Townhouse Pacifica Apartments presents a prime investment opportunity in a growing rental market. This well-maintained 38-unit building, consisting 37 of two-bedroom units and 1 unit of four-bedroom, offers stable cash flow and long-term appreciation. With low vacancy rates and strong tenant demand, the property provides reliable income.The property's location near major employment centers, San Joaquin Delta College, and the University of the Pacificjust a 10-minute walk awaymakes it highly appealing to renters. Easy access to Interstate 5 ensures quick commutes to Sacramento, San Jose, and San Francisco, while Downtown Stockton, just 3 miles away, offers convenient dining, shopping, and entertainment options.Situated in the desirable Weberstown/Kentfield neighborhood, the property benefits from nearby parks, shopping centers, and restaurants, attracting a diverse tenant base. This diversity enhances its resilience against economic fluctuations.With rising property values and rental rates in Stockton, the property offers significant upside potential through renovations and upgrades, ensuring strong returns and future growth.
Listing information courtesy of: Michael Song, JM Commercial Properties, Inc. 310-856-1136. *Based on information from the Association of REALTORS/Multiple Listing as of 01/15/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.