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Sold on 06/10/2022
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23 E Walnut St, Stockton, CA 95204

  • $610,000

    Last sold 06/10/2022 for $638K

  • —

    bed

  • —

    bath

  • 2,010

    Sqft ($317/Sqft)

Multi-family not for sale
14 homes bought nearby with Movoto recently

About 23 E Walnut St

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 2,500 Sqft
Movoto estimate
Rental estimate
Property description
Excellent turn-key investment. A great opportunity to own a 4-Plex centrally located in the charming historic area of Stockton close to everything; downtown, the Stockton Arena & ball park, UOP, Stanislaus State Stockton Campus, transit, freeways, shopping, parks and more. Located on a quiet tree lined street, all units have 1 bedroom, 1 full bath, with parking at the rear of the building with alley access from both El Dorado Street and Center Street. Separate utility meters. PLEASE DO NOT DISTURB THE TENANTS. Total annual rents are $61,752. GRM is 10.12 and 9.88% Cap Rate. Similar units in the neighborhood recently rented for $1,495 per month! Potential annual rents of $71,760 with a GRM of 8.7 and 11.5% Cap Rate! A fantastic investment opportunity. Please note the 4-Plex next door at 21 E. Walnut is also for sale. Great opportunity to own two 4-Plex next to each other.
Listed by
Listing Agent - Greg Batchelder
Listing Office - Lyon RE Folsom
Source: Metrolist Services,Inc. mls logo
MLS#222048111 • last updated 4 years ago
Movoto checked Metrolist Services,Inc. for data 10 minutes ago
Overview
Cooling/AC Varies By Unit
Heating Varies By Unit
Levels/Style 2, Two, Traditional
Type Residential Income
MLS # 222048111
Status Closed
SubType Quadruplex
SqFt 2010
Lot Size (Sqft) 2500
Lot Size (Acres) 0.0574
Year Built 1965
Interior
Laundry Coin Operated, In Common Area
Flooring Varies By Unit
Appliances Varies By Unit
Exterior
Foundation Slab
Construction Stucco, Frame
Parking Off Street, See Remarks
Lot Features Shape Regular, Curbs/Gutters
Irrigation Source None
Amenities / Utilities
Sewer/Septic In & Connected
Water Source Public
Location
Elementary School District Stockton Unified
Middle School District Stockton Unified
High School District Stockton Unified
Directions Just NORTH Of Harding Between Center & El Dorado Streets.
APN 127-050-21
Zoning RES
Multifamily Details
Total # of Units 4
Income Includes Other
Lot/ Land Details
Topography Level, Level
$610K
Range: $549K-$671K
Last 30 days 
Rental est.: $890/month
Gross rent multiplier: 59.7
  • Jun 2022
    mls logo MLS # 222048111
  • Jun 10, 2022 Sold
    $638,000 (+2.1%)
  • May 9, 2022 Pending Bring Backup
    —
  • Apr 19, 2022 Listed
    $625,000
  • 23 E Walnut St
    $638K
  • Pacific
    $380K -4% y/y
  • 95204
    $399K +2% y/y
  • Stockton
    $479K +4% y/y
No chart available
Statistics calculated by Movoto

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3/10
El Dorado Elementary School
public Grades K-8
Stockton Unified School District
3/10
Wilson Elementary School
public Grades K-8
Stockton Unified School District
5/10
Cleveland Elementary School
public Grades K-8
Stockton Unified School District
3/10
Victory Elementary School
public Grades K-8
Stockton Unified School District
3/10
Stagg Senior High School
public Grades 9-12
Stockton Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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