1905 N El Dorado Street, Stockton, CA 95204
Local realty services provided by:ERA Carlile Realty Group
1905 N El Dorado Street,Stockton, CA 95204
$2,450,000
- - Beds
- - Baths
- 11,158 sq. ft.
- Multi-family
- Active
Listed by: isaac merritt
Office: alive commercial real estate
MLS#:225142769
Source:MFMLS
Price summary
- Price:$2,450,000
- Price per sq. ft.:$219.57
About this home
El Dorado Townhomes is a well-maintained 20-unit multifamily investment offering exceptional value add potential in the Pacific submarket of Stockton CA. The property features 100% one-bedroom townhome unitsa desirable floor plan in high demand among renters. Current rents sit approximately 13% below market, providing a clear path for income growth through modest operational and management enhancements, without the need for significant capital investment. Upon stabilization, the asset is projected to generate an attractive cash-on-cash return approaching 8%. Stockton's rental market fundamentals remain strong, with fewer than 100 market-rate units currently in the development pipeline and steady population and employment growth fueling continued demand for rental housing. 1905 N El Dorado Street presents investors with the opportunity to acquire a well maintained asset at a significant discount to replacement costtimed perfectly as interest rates begin to ease. Favorable market conditions are creating highly attractive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical averages.
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Home facts
- Year built:1971
- Listing ID #:225142769
- Added:37 day(s) ago
- Updated:December 18, 2025 at 04:02 PM
Rooms and interior
- Living area:11,158 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition Shingle
- Year built:1971
- Building area:11,158 sq. ft.
- Lot area:0.45 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,450,000
- Price per sq. ft.:$219.57
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