7941 Diana Marie Dr - Multi-Family FOR SALE


Stockton, CA 95210- Bear Creek East
$465,000 USD
916-730-3846
7941 Diana Marie Dr, Stockton, CA for Sale
$465,000 USD
Multi-Family - FOR SALE
1/13
null | 5.98% Cap Rate

7941 Diana Marie Dr
Stockton, CA 95210
Bear Creek East


HIGHLIGHTS

  • Spacious 2 bedroom, 2 Bath Units
  • Both units have 2 car Garages
  • Both units eligible for rent increases!

OVERVIEW

Price reduced—presenting a renewed opportunity to enhance your ROI with this well-maintained duplex. This attractive investment property features two spacious 2-bedroom, 2-bathroom units, each with a 2-car garage plus two additional off-street parking spaces per unit. The roof is less than 10 years old, helping minimize near-term capital expenditures. Both units are currently tenant-occupied on month-to-month leases, renting at $1,500 and $1,600 per month, generating $37,200 in annual gross income and a current GRM of 12.5. There is clear value-add potential. Market research supports a fair market rent of approximately $1,652 per month. With allowable increases, projected rents of $1,615 and $1,652 could reasonably be achieved within 60 days of close, increasing annual income to $39,204 and improving the GRM to approximately 11.86. Conveniently located near shopping, dining, and local businesses, this property offers strong long-term tenant demand. Ideal for investors seeking stable cash flow with upside, owner-occupants looking to offset housing costs, or buyers focused on long-term equity growth. Listing Courtesy of Vanessa L. Peralta Alliance Bay Realty Lic# 01877440

FOR SALE DETAILS

PRICE

$465,000 USD

PRICE/SF

$241 USD /SF

# OF UNITS

2

PRICE/UNIT

$232,500

CAP RATE

5.98%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex with Immediate Cash Flow Potential

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-2

APN/PARCEL ID

079-410-01

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.