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    32 American St Stockton, CA 95202-3001

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    32 American St Stockton, CA 95202-3001


    • Parking lots & garages
    • 0.11 lot acres
    Off-Market
    Last Sale Sep 27, 2021
    Property ID
    US09-4461333
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 32 American St

    Lot size
    0.11 lot acres
    Zone code
    C3
    Property type
    Parking lots & garages
    APN
    149-200-060-000
    APU
    149200060000

    Description

    This exceptional investment opportunity presents a 34-unit multifamily property situated on three parcels totaling 0.11 acres at 32 S American Street, Stockton, CA. The main building boasts approximately 15,000 square feet (plus an uncalculated basement potentially adding another 5,000 square feet), encompassing 29 units. A separate building at 34 S American Street adds another 5 units and a basement, totaling approximately 5,101 square feet. The seller reports nearly 100% occupancy, generating an estimated gross monthly income of approximately $23,900, translating to an estimated annual gross income of approximately $286,800. This figure is subject to change. The property's substantial size offers significant potential for further income generation. A potential bottom-floor development of approximately 5,000 square feet for residential or commercial use is possible, subject to necessary approvals from Stockton's municipal authorities. The property enjoys a prime location, close to shopping, public transportation, restaurants, and coffee shops, with convenient freeway access. This presents an unparalleled chance to build financial security and wealth. The total square footage in use is approximately 10,000 square feet.


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    Location Insight

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    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.283
    Latitude
    37.9531
    CBSA code
    44700
    CBSA name
    STOCKTON, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,827
    $106,120
    $2,121
    $108,241
    -
    $0.00
    $0.00
    $0.00
    More about this property
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