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$2,300,000

For Sale

5 months ago

1905 N El Dorado St, Stockton, CA

House

MLS® 225142769

0 Bed

0 Bath

11158 sqft

20 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 11158 sqft
Garage 
Taxes 
Days Active 157
Lot Size 
Approx. Age 1971
Avg. Price Per Sqft $206
MLS® Number 225142769

Property Address: 1905 N El Dorado St, Stockton, CA, 95204-5842

Average square foot calculated using Size range provided by listing agent.

Description

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 10%. 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.
MLS® Number225142769
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1971
Basement
DrivewayOff Street, Offsite, Carport, Covered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 10, 2025List Date
$2,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1905 N El Dorado St, Stockton, CA

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