145 W Flora St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
145 W Flora St
6 Unit Block of Flats £569,118 (£94,853/Unit) 9% Net Initial Yield Stockton, CA 95202
Investment Highlights
- Completely REMODELLED
- Low Expenses
- Low maintenance
Executive Summary
9% Cap Rate! Cash cow, High Income-Producing property! $90,000 annual Income. Very low maintenance & expenses. Energy efficient HVAC, appliances, windows and ceiling fans. This beautiful Victorian 6 plex has one 2 bed/1bath unit, four 1 bed/1bath units & one studio. All six units are rented. ***** Almost COMPLETELY RENOVATED in 2024: High-quality appliances (Samsung stove/oven, ductless split system HVAC w/Bluetooth, dual pane windows, Trex decking, interior and exterior paint, wood-pattern vinyl plank flooring,large format tile, kitchen counters, vinyl siding, updated roof, Kraus kitchen sinks w/ retractable faucet nozzle, ceiling fan/lights with Bluetooth, motion sensor exterior lights, outdoor space for tenants to enjoy pictures, cabinets, sinks, toilets & bidet. All new electric and plumbing. New individual gas and electric meters installed and all city inspections passed. Ample parking on the big corner lot. $$$$$$ No need to use your income or credit to qualify for a loan. A Debt Service Coverage Ratio (DSCR) Mortgage where income generated by the property is used to qualify for the loan - NOT the income and credit report of the investor - is an option. Close to parks, shopping, freeway, UOP and the Miracle Mile.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £569,118 | Building Class | B |
| Price Per Unit | £94,853 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,648 SF |
| Net Initial Yield | 9% | Average Occupancy | 95% |
| No. Units | 6 | Number of Floors | 2 |
| Property Type | Residential | Year Built/Renovated | 1916/2024 |
| Property Subtype | Apartment | Parking Ratio | 2.19/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | £569,118 |
| Price Per Unit | £94,853 |
| Sale Type | Investment |
| Net Initial Yield | 9% |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,648 SF |
| Average Occupancy | 95% |
| Number of Floors | 2 |
| Year Built/Renovated | 1916/2024 |
| Parking Ratio | 2.19/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Oven
- Stainless Steel Appliances
- Range
- Basement
- Deck
- Porch
- Vinyl Flooring
Site Amenities
- Rubbish Collection - Kerbside
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 1 | £784.99 | 400 |
| 1+1 | 4 | £981.24 | 600 |
| 2+1 | 1 | £1,177 | 850 |
1 of 1
Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 137-180-06 | Total Assessment | £413,448 (2023) |
| Land Assessment | £154,656 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £258,792 (2023) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
137-180-06
Land Assessment
£154,656 (2023)
Improvements Assessment
£258,792 (2023)
Total Assessment
£413,448 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024 Payable 2024
zoning
| Zoning Code | R1, Stockton (Rural Residential) |
| R1, Stockton (Rural Residential) |
-
Olympia Hostler -
Re/Max Crossroads
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
145 W Flora St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.