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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$1,300,000

Est. payment - /mo

7,200 SqFt

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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $180

MLS Listing ID 226125063

HOA Y/N No

Year Built 1965

Lot Size 7,248 Sqft

Acres 0.1664

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Ideally positioned in the Central Stockton submarket just one block from Pacific Avenue and adjacent to the University of the Pacific, the property offers investors a rare opportunity to acquire a well-located asset with strong historical occupancy and meaningful value-add potential. Residents benefit from convenient access to the Miracle Mile, Stockton's premier entertainment and dining corridor, as well as nearby retail, employment, and educational amenities. Built in 1965, the Bonnie Apartments consists entirely of six (6) spacious 2-BD / 1-BA units, each approximately 1,200 square feet. Property amenities include on-site laundry, covered parking, and secure gated access. With current rents offering a clear path for loss-to-lease recovery and additional upside through contemporary unit renovations, the Bonnie Apartments presents an attractive opportunity for an investor to enhance cash flow while benefiting from the continued growth and appreciation of the Stockton market.

Location

State CA

County San Joaquin

Area 20701

Direction On I-5, take the March Lane exit and travel east. Take a right on Pacific Avenue and continue south. Take a left on W. Fulton St until you reach Fulton St & Bonnie Ln. The Property is located on the Northeast Corner.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 1200 Bedrooms: 2 Full Baths: 1 Total Rooms: 3 Rent: 1750 SqFt Source: Owner

Interior

Heating Central, See Remarks

Cooling Ceiling Fan(s), Central, See Remarks

Flooring Carpet, Laminate, Vinyl

Laundry In Common Area

Exterior

Parking Features Covered, Street, See Remarks

Utilities Available Cable Available, Sewer Connected, City, Electric, Internet Available, Natural Gas Connected

Water Access Desc Meter on Site,See Remarks,Public

Total Parking Spaces 6

Building

Lot Description Corner

Story 2

Foundation Slab

Sewer Public Sewer, See Remarks

Water Meter on Site, See Remarks, Public

Schools

Elementary Schools Stockton Unified

Middle Schools Stockton Unified

High Schools Stockton Unified

School District San Joaquin

Others

Senior Community No

Tax ID 115-040-04

Special Listing Condition None

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Listed by Colliers Parrish Intenational Inc.

Nearby School & Business

Homes Availalbe by Area

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage CA DRE#02212763

3704 Bonnie LN Stockton, CA 95204

Realty Point, Inc.

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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