Overview
About This Listing
Residential Income Opportunity with C-2 Zoning 411 N Grant St, Stockton, CA Unique residential income property located at 411 N Grant Street in Stockton, offering multiple income streams, upside potential, and added flexibility with C-2 commercial zoning. The property consists of three separate structures: a single-family residence, a fourplex, and an unfinished two-story duplex. The single-family home and fourplex are currently rented, with all 5 occupied units on month-to-month rental agreements, giving a new owner flexibility with future rent adjustments, tenant strategy, or repositioning. The two-story duplex is currently vacant and was previously fire damaged. Interior walls have been removed, leaving the duplex ready for completion, renovation, and value-add improvements. This property is ideal for an investor, contractor, or owner looking for a project with existing income and future upside. The vacant duplex creates an opportunity to potentially add two more rental units once completed, improving the overall income and value of the property. The C-2 zoning may provide additional flexibility beyond traditional residential use, including potential commercial, mixed-use, service-based, office, retail, or redevelopment options, subject to City of Stockton approval. Stockton’s zoning code identifies allowable land uses by zoning district and permit requirements, so buyers should verify intended use, development standards, and permit requirements directly with the City of Stockton Planning Department. Located near downtown Stockton, transportation corridors, services, and neighborhood amenities, this property offers a rare combination of current income, renovation upside, and zoning flexibility. A strong value-add opportunity for the right investor looking to improve, reposition, and maximize future income potential. Buyer to perform all verifications and do any and all inspections they want. Sellers have not lived in the property and have no representations or warranties as to size or configuration.
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Source:
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