$1,950,000

545 N California St, Stockton, CA 95202

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11,518 sqft · $169/sqft · 0.23 acres

Residential Income · Multi Family · Built 1914 · 128 days on Properkey

Description

Rare opportunity to acquire a 20-unit apartment portfolio in the heart of downtown Stockton. Comprised of a 12-unit building at 545 N California St and an 8-unit building at 436 E Oak St, this income-producing asset offers strong cash flow, stable occupancy potential, and future upside. Generating over $22,000 per month in gross rental income (over $264,000 annually), this property delivers an 8%+ cap rate, making it an attractive opportunity for investors seeking both immediate returns and long-term appreciation. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom apartments, appealing to a broad tenant base. Located near downtown Stockton's business district, public transportation, restaurants, shopping, and major commuter routes, the portfolio benefits from consistent rental demand.

Agent & source

Listed by
Jaskaran S. Kandola
Brokerage
PMZ Real Estate
DRE
#01978118
MLS # 226074967 Source MetroList Services

Property details

Rooms & Layout

Levels
3 stories
Laundry
Other

Property Features

Lot features
Other

Building & Construction

Construction Materials
Brick
Foundation
Other

Exterior & Parking

Parking
Uncovered, Other

Interior & Comfort

Heating
Other
Cooling
Other
Flooring
Other

Utilities

Water Source
Public
Sewer
See Remarks
Natural Gas Connected

Nearby

Active Pending Closed Rental
Elementary
Stockton Unified District
Middle
Stockton Unified District
High
Stockton Unified District

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  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

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Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 17, 2026 12:54 PM PT
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