332 N California St
Stockton, CA 95202

This sale is subject to Court approval. 332 N California Street provides a 3-Story, 8,551 square foot mixed use project located in Downtown Stockton, CA. The apartment complex consists of two ground floor retail units that have been estimated to be about 825 square feet, eight Studio apartments that vary in size and six 1-bedroom/1-bathroom units that vary in size as well. The building has a brick foundation, t1-11 siding and a flat roof. The subject property had fire damage on the second and third floor within the year and the building has been vacant ever since. The property has wall heat and air conditioning and most recent upgrades are unknown. Each unit is metered separately for gas and electricity which is paid by the resident, while the owner pays for sewer, water, garbage, and common area lighting costs. Income projected at Market and at a Proforma 12 months after stabilization. Noticeable deferred maintenance would include some siding work that needs to be addressed and the fire damage. Entire building is completely vacant. Rents and expenses were estimated based on other similar properties within Downtown Stockton and therefor does not come with any income/expense statements.