Off Market

1905 El Dorado Street, Stockton, CA 95204

$2,300,000(Negotiable)
$2,300,000(Negotiable)
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Overview

ID
3480721
Type
5 or More Units
Parking
Yes
Sqft
11158
Build Year
1971
Purpose
For Sale

About This Listing

El Dorado Townhomes is a well-maintained 20-unit multifamily investment offering exceptional value add potential in the Pacific submarket of Stockton CA. The property features 100% one-bedroom townhome unitsa desirable floor plan in high demand among renters. Current rents sit approximately 13% below market, providing a clear path for income growth through modest operational and management enhancements, without the need for significant capital investment. Upon stabilization, the asset is projected to generate an attractive cash-on-cash return approaching 10%. Stockton’s rental market fundamentals remain strong, with fewer than 100 market-rate units currently in the development pipeline and steady population and employment growth fueling continued demand for rental housing. 1905 N El Dorado Street presents investors with the opportunity to acquire a well maintained asset at a significant discount to replacement costtimed perfectly as interest rates begin to ease. Favorable market conditions are creating highly attractive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical averages.

Last checked: 8 hours ago
Listing updated: April 24, 2026, 10:09 pm
Listed By: Isaac Merritt, ALIVE Commercial Real Estate
Source: MLS Metrolist, MLS#:225142769

Map Location

1905 El Dorado Street,95204,Stockton,San Joaquin,CA

Walk Score

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MetroList CA data Last Updated: April 24, 2026, 10:09 pm
Data Source: SACM
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