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Listed by Alina Siert • KW Advisors, DRE#01893238
$9,985,000
Est. payment /mo
6,426 SqFt
New
6131 Gettysburg PL Stockton, CA 95207
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,426 sqft
Price per Sqft $1,553
MLS Listing ID ML82063779
Year Built 1973
Lot Size 1.830 Acres
Property Sub-Type Five or More Units
Property Description
53 apartments in four two-story buildings, built in 1972: 31 two-bedroom/one-bath and 22 one-bedroom/one-bath units in about 36,042 SF on a 1.85-acre lot. Gated garden community in Stockton's established Lincoln Village neighborhood, with spacious floor plans set around newly landscaped grounds with new sprinklers and sod. About 80% of units have been renovated, with electrical mains and subpanels replaced in 2025, about two-thirds of the HVAC units replaced, and a newly resurfaced parking lot with about 1.5 spaces per unit. Gas and electric are separately metered, and RUBS is in place on some units. Market rents run about 25% above in-place rents. In the Lincoln Unified School District, about half a mile from Lincoln Center shopping and dining, and close to Delta College, University of the Pacific and I-5. 6.77% current cap; 7.85% pro forma cap at market rents. 100% occupied per the rent roll.
Location
State CA
County San Joaquin
Area Stockton Nw
Zoning R3B
Interior
Heating Other
Cooling Other
Exterior
Parking Features Common Parking Area, Other
Utilities Available Other
Roof Type Other
Building
Foundation Other
Sewer Other
Water Other
Others
Restrictions Other
Tax ID 097-462-17
Security Features Other
Special Listing Condition Not Applicable
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