Price Reduction
Address
5623-5625 Blackoak Ct Stockton, CA
Price
$ 545,400
Property Attributes
  • MLS#221098691
  • TypeIncome
  • CountySAN JOAQUIN
  • CityStockton
  • Area20704
  • NeighborhoodQUAIL LAKES
  • Zip95207
  • StyleContemporary
  • Price$ 545,400
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size10,672 SqFt
Listing Provided Courtesy Of:
Greg Batchelder CalBRE# - 01321061 with Lyon RE Folsom
Data Source:
MetroList - 47 -CA
Property Description

Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, one unit has 3 bedrooms, 2 full baths, & a 2-car garage. The other unit has 2 bedrooms, 2 full baths, & a 2-car garage. Both units feature spacious Living Rooms w/ cozy fireplaces, Master Suites & inside laundries. Durable long-lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $34,380. GRM is 16.1 & 6.2% Cap Rate. Similar units in the neighborhood recently rented for $1,995 & $1,895 per month! Potential annual rents of $46,680 with a GRM of 11.9 and 8.4% Cap Rate! A fantastic investment opportunity. A portfolio of up to 14 duplex are available in beautiful centrally located Quail Lakes.

Price History
8/10/2021 Listed $595,000
8/23/2021 4% - $572,000
9/30/2021 3% - $554,900
10/28/2021 1% - $550,400
11/4/2021 1% - $545,400

General Features

Appliances Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
Architectural Style Contemporary
Association Amenities None
Association Fee Includes See Remarks
Association Y/N Yes
Construction Materials Ceiling Insulation, Frame, Wall Insulation, Wood, Wood Siding
Cooling Separate, Central
Electric 220 Volts
Elementary School District Stockton Unified
Flooring Carpet, Laminate, Linoleum
Garage Spaces 4
HOA Fee 353
HOA Fee Frequency Annually
Heating Central, Separate, Natural Gas
High School District Stockton Unified
Interior Features Vaulted Ceiling(s)
Levels One
Lot Size Square Feet 10672
MLS Area 20704
Ok to Lease Month To Month
Open Parking Spaces 4
Patio/Porch Features Uncovered Patio, Varies by Unit
Property SubType Duplex
Property Type Residential Income
Roof Tile
School District (county) San Joaquin
Sewer In & Connected
Status Active
Subdivision Name QUAIL LAKES
Subtype Description Planned Unit Develop
Total Units 2
Zoning Description RES

Interior Features

Furnished Units None
Laundry Features In Each Unit, Varies by Unit, Laundry Closet, Washer/Dryer Hookups
Total Stories 1
Unit 1 # Of Rooms 6
Unit 1 Approx Sqft 1329
Unit 1 Bedrooms 3
Unit 1 Full Baths 2
Unit 1 Rent 1470
Unit 1 Sqft Source Not Measured
Unit 1 Type Flat
Unit 2 Approx Sqft 1179
Unit 2 Bedroom Units Total 1
Unit 2 Bedrooms 2
Unit 2 Full Baths 2
Unit 2 Sqft Source Not Measured
Unit 2 Type Flat
Unit 3 Bedroom Units Total 1

Exterior Features

Foundation Details Slab
Lot Features Auto Sprinkler F&R, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
Lot Size Acres 0.2450
Lot Size Source Assessor Auto-Fill
Number of Buildings 1
Parking Features Attached, Garage, Garage Door Opener, Interior Access
Total Parking 8
Water Source Meter on Site, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95207

Price
AVG $520K
$550K
Visits
AVG 73
115
Year Built
AVG 1976
1977

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