8449 Kelley Drive, Stockton, CA 95209

About this commercial property

Proud to present a distinctive apartment building consisting of 7 spacious townhome-style units, each featuring 2 bedrooms and 1.5 bathrooms. Situated in a quiet cul-de-sac, this property offers numerous amenities such as laundry hook-ups in every unit, detached one-car garages, and additional on-site parking. There are excellent prospects for growth with an opportunity to increase rents and/or the potential for development or expansion on the 21,480 SF lot (buyers to verify potential to expand). This property, built in 1979 with a new roof layer installed in 2021, presents an attractive investment opportunity. This is also one of the few available properties with 5+ units in Stockton, and it is currently the only one available in the northwestern area of the city. Conveniently located near the 5 freeway, University of the Pacific, retail centers, and major employers in the region, this property offers easy access to various amenities.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,170,000

Sold October 2023 · listed $1,290,000, on market June 2023 · MLS #ML81931280 · Source: CRMLS

Listing Agent: Helen Chong · Listing Office: Haylen · Contact: (408) 800-5478 · Bought with: Dung Nguyen · West Coast Selection Realty Inc

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