532-526 S Los Angeles Ave, Stockton, CA 95203

Reduced Price with extremely motivated Seller. Fixer with a solid 10% cap rate. Exceptional multifamily investment opportunity situated in Boggs Tract encompassing a generous almost half-acre lot, this property features 2 single-family houses and a side-by-side duplex. (4) 2-bedroom, 1-bathroom units totaling 2,675 square feet. Front side-by-side duplex converted into 4 studios has demo permit and a fresh plans to satisfy County violation to convert back. After renovations, front house will be side-by-side duplex with 2, 2 bedroom units. Property has two paying tenants in single family units in the back, cash-flowing from day 1 with a gross income of $2400 per month. Effortless access to diverse destinations, making it an ideal choice for both tenants and investors. The rear portion of the property offers substantial space for a creative investor to enhance its value, and property is on public electric, water and sewage, ripe for subdivision with Buyer to verify. Explore the blend of cash-flow, opportunity, and potential in this investment gem. This property was a foreclosure sale currently owned by previous lender. Offers accepted on a rolling basis. Property is subject to Inspection. Do not disturb tenants.