1757 Blackoak Drive Stockton, CA 95207

Active

$529,000

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0 Beds
0 Baths
Multi-Family
MLS# 20069174

Listing provided courtesy of: Lyon RE Folsom

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Property Details

Description

Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet street, both units have 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces and Master Suites. Durable long lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $34,980. GRM is 15.12! Similar units in the neighborhood recently rented for $1,995 per month! Potential annual rents of $47,880 with a GRM of 11.05 and 9.1% Cap Rate! A fantastic investment opportunity. A portfolio of up to 19 duplex are available in beautiful centrally located Quail Lakes.

General Features
- Year Built 1979
- Property Subtype Duplex
- County San Joaquin
- Association Fee Frequency Annually
- Association Fee $353
- Association Yes
Building Features
- Appliances Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
- Architectural Style Contemporary
- Carport Spaces 0
- Construction Materials Frame, Wood
- Num Commercial Units 0
- Number of Buildings 1
- Independent Parking Spaces 0
- Number of Floors 0
- Heating Central
- Foundation Slab
- Garage Spaces 2
- Flooring Carpet, Laminate
- Electric 220 Volts
- Covered Spaces 4
- Cooling Central
- Parking Features Garage
- Open Parking Spaces 4
- Number of Studio Units 0
- Number of Units Total 2
- Patio And Porch Features Uncovered Patio, Covered Patio
- Roof Tile
- Total Parking Spaces 8
- Stories 1
- Sewer Public Sewer
- Number of Guest Spaces 0
- Tandem Parking Spaces 0
- Water Source Meter on Site, Private
- Window Features Window Coverings
Property Features
- Lot Size Source Assessor Agent-Fill
- Lot Size Square Feet 10240
- Lot Size Acres 0.23
Schools
- Senior High School District Stockton Unified
- School District County San Joaquin
- Middle or Junior School District Stockton Unified
- Elementary School District Stockton Unified

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Neighborhood

95207 (Stockton) Demographics

32 Median Age

6,840 Population Density (per sq. mile)

29% College Educated

$39,219 Estimated Median Income

6,933 Estimated Total Home Owners

11,208 Estimated Total Renters

38% / 62% Estimated Owner / Renter Divide

3 Estimated Average Household Size

49,632 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$0 Median Sales Price

0 Homes Sold

46 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price
--	Current Price Source	New Value: $529,000
4/2/2021 3:02:13 PM	Status Changed Source	New Value: Active
4/2/2021 12:01:42 PM	Status Changed Source	New Value: Pending
2/23/2021 7:15:21 PM	Status Changed Source	New Value: Active
1/4/2021 2:44:18 PM	Status Changed Source	New Value: Pending Sale
12/23/2020 5:14:00 PM	New in Database Source	New Value: $529,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 4/20/2021 2:04:36 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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