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Fourplex Residential Income Property

3353 Telegraph Avenue Stockton, CA 95204

3353 Telegraph Avenue, Stockton, CA, 95204
$875,000
For Sale
$875,000

Well-maintained fourplex with four 2-bedroom, 1.5-bath units, each with in-unit laundry and a private 1-car garage.

Property Size4,696 SF
Price / SF$186.33
Days on Market25

Property Features for 3353 Telegraph Avenue

General Information

Standard status
Active
Size
4,696 SF
Property subtype
Multi Family

Building Details

Year Built
1981
Listing agency BHGRE Integrity Real Estate
Listed by Evelyn Serrano · License #01968244
Source Exitrealty
Added: Jun 27 Updated: Jul 20 at 6:44PM Checked: Jul 21 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE Integrity Real Estate


Investment Insights

Based on property information with market context.

3353 Telegraph Avenue is a well-maintained fourplex comprising four residential units. Each unit features 2 bedrooms and 1.5 bathrooms, along with in-unit laundry, central heat and air, and a private 1-car garage. The property is described as having been built and owned by the same family since 1981 and is presented as cared-for throughout.

The property is located in an established Stockton residential neighborhood and is positioned for easy access to I-5 and nearby University of the Pacific, along with shopping, dining, schools, and everyday amenities.

As a residential income property, it offers a consistent unit configuration across four separate homes within one building, suitable for buyers seeking a manageable multifamily layout with multiple independent units.

Key Highlights

  • Fourplex built in 1981, owned by the same family since 1981
  • 4 units total, each with 2 bedrooms and 1.5 bathrooms
  • Approximately 1,174 SF per unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $101.4k $21.60
− Vacancy −$7.5k −$1.60
EGI $93.9k $20.00
− OpEx −$28.2k −$6.00
NOI $65.7k $14.00
4,696 SF · lease $21.60/SF/yr · vacancy 7.41% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$939.2K
$821.8K – $1.10M (±1% cap)
NOI $65,742 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$816.5K
$714.4K – $952.5K (±1% cap)
NOI $57,152 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,894 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply Auto Repair Shop Kitchen & Bath Showroom Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Parking Lot & Garage Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained fourplex with four 2-bedroom, 1.5-bath units, each with in-unit laundry and a private 1-car garage.
Where is this quadplex located?
The property is located at 3353 Telegraph Avenue Stockton, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Fourplex built in 1981, owned by the same family since 1981; 4 units total, each with 2 bedrooms and 1.5 bathrooms; Approximately 1,174 SF per unit
Contact an agent
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