536 Searchlight Avenue, Stockton, CA 95205 | 221155440 | RE/MAX California & Hawaii

536 Searchlight Avenue $699,900

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    536 Searchlight Avenue Stockton, CA 95205

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 221155440
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    Views: 189

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    Property Details

    New Price, 6 units at $116,500.00 a unit!! Great Turn Key Investment Opportunity 100% Occupied with positive cash flow!! Two buildings with a total of 6 units, 5 of the units are 1 bedroom, 1 bathroom and 1 unit is a 2 bedroom, 1 bathroom unit, all units are fully occupied. Each unit has inside laundry hookups and dual pane windows. Within the last 2 years 4 of the units have been updated with new kitchens, new bathrooms and flooring,(see photos shown of unit #538). There are 9 parking spaces and 6 storage units on the property. The metal roof is less than 10 years old.

    • General Features
      • Year Built 1948
      • Property Subtype 5 or More Units
      • Property Condition Updated/Remodeled
      • County San Joaquin
      • Association Fee $0
      • Association No
    • Building Features
      • Architectural Style A-Frame
      • Carport Spaces 0.00
      • Construction Materials Frame
      • Num Commercial Units 0
      • Number of Buildings 2
      • Independent Parking Spaces 0
      • Number of Floors 1
      • Heating Wall Furnace, Natural Gas
      • Levels One
      • Foundation Raised
      • Garage Spaces 0.00
      • Flooring Tile
      • Electric 220 Volts
      • Covered Spaces 0.00
      • Cooling Evaporative Cooler, Window Unit(s)
      • Parking Features Carport
      • Open Parking Spaces 9.00
      • Number of Studio Units 0
      • Number of Units Total 6
      • Roof Metal
      • Total Parking Spaces 9.00
      • Stories 1
      • Sewer Public Sewer
      • Number of Guest Spaces 0
      • Tandem Parking Spaces 0
      • Water Source Meter on Site, Public
      • Window Features Dual Pane Full
    • Property Features
      • Lot Size Source Assessor Auto-Fill
      • Lot Size Square Feet 15899.00
      • Lot Size Acres 0.36
    • Schools
      • Senior High School District Stockton Unified
      • School District County San Joaquin
      • Middle or Junior School District Stockton Unified
      • Elementary School District Stockton Unified

    Contact

    Inmar Barrera

    Inmar Barrera

    REALTOR®, ABR, CDPE

    CA DRE # 01517529

    RE/MAX DIAMOND

    Direct: 209-253-3292

    Neighborhood

    95205 (Stockton) Demographics

    31 Median Age
    4,081 Population Density (per sq. mile)
    9% College Educated
    $39,013 Estimated Median Income
    4,283 Estimated Total Home Owners
    6,132 Estimated Total Renters
    41% / 59% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    37,133 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $305,000 Median Sales Price
    25 Homes Sold
    16 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $699,900
        2/1/2023 9:01:34 AM Price Reduced Source: Multiple Listing Service New Value: $699,900 -6.68%
        10/4/2022 2:03:44 PM Price Reduced Source: Multiple Listing Service New Value: $750,000 -3.21%
        12/30/2021 1:02:00 PM New in Database Source: Multiple Listing Service New Value: $774,900

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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 3/29/2023 11:02:52 PM. 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.