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28 S American Street, 
Stockton, CA 95202

$1,450,000


Bed


Bath


15,000

Sq Ft


Multi-Family

Active

Listed by

James Burkett

Intrust Properties, Inc.

Last updated:

May 16, 2025, 09:39 PM

MLS#

225057842

Source:

MFMLS

About This Home

28 S American Street

Stellar Income, Cash Cow! Performing Asset! 29 units 15,000 Sq.+- Sq.Ft.,plus basement, which is not calculated in the Public Record square footage, that may be, approximately +-, an additional 5,000 Sq.Ft. with approximately 10,000.00+- Sq. Ft.in use, with 29 Units,which according to Seller, are almost 100% occupied, which is Subject To Change, without Notice. Furthermore, at this time, according to Seller, the Approximate Monthly Targeted Income of the Subject Property is projected to be potentially approximately +- $23,900.00 gross per-month, which computes to an Approximate +- Projected Gross Annual Targeted Income of $286,800.00; coupled with a potential bottom floor opportunity for substantially more income, from an additional Bottom-Story Development/Build-out of 5,000 +- approximate Sq. Ft.,of Residential/Store Fronts, contingent upon approval from Stockton Municipality Enforcement Entities, that have jurisdiction regarding aforementioned. Close to shopping, transit, dining, coffee, shops, etc.,coupled with easy, convenient Freeway access.INCREDIBLE OPPORTUNITY TO BUILD YOUR FINANCIAL SECURITY AND INCREASE YOUR WEALTH!

Home Facts

Multi-Family

Built in 1925

Price Summary

1,450,000

$96 per Sq. Ft.

MLS #:

225057842

Last Updated:

May 16, 2025, 09:39 PM


Rooms & Interior

Interior

Living Area:

15,000 Sq. Ft.


Structure

Structure

Year Built:

1925


Lot

Lot Size (Sq. Ft):

5,001


Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$96 per Sq. Ft.

MLS Logo
MetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: May 16, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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