545 N California Street

Stockton, CA 95202

Rare opportunity to acquire a 20-unit apartment portfolio in the heart of downtown Stockton. Comprised of a 12-unit building at 545 N California St and an 8-unit building at 436 E Oak St, this income-producing asset offers strong cash flow, stable occupancy potential, and future upside. Generating over $22,000 per month in gross rental income (over $264,000 annually), this property delivers an 8%+ cap rate, making it an attractive opportunity for investors seeking both immediate returns and long-term appreciation. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom apartments, appealing to a broad tenant base. Located near downtown Stockton's business district, public transportation, restaurants, shopping, and major commuter routes, the portfolio benefits from consistent rental demand.

Listing courtesy of PMZ Real Estate



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Last checked 2026-06-13 03:50 AM PDT