Property Details
About this Property
El Dorado Townhomes is a well-maintained 20-unit multifamily investment offering exceptional value add potential in the Pacific submarket of Stockton CA. The property features 100% one-bedroom townhome unitsa desirable floor plan in high demand among renters. Current rents sit approximately 13% below market, providing a clear path for income growth through modest operational and management enhancements, without the need for significant capital investment. Upon stabilization, the asset is projected to generate an attractive cash-on-cash return approaching 8%. Stockton's rental market fundamentals remain strong, with fewer than 100 market-rate units currently in the development pipeline and steady population and employment growth fueling continued demand for rental housing. 1905 N El Dorado Street presents investors with the opportunity to acquire a well maintained asset at a significant discount to replacement costtimed perfectly as interest rates begin to ease. Favorable market conditions are creating highly attractive leverage scenarios, where available financing supports cash-on-cash returns well above recent historical averages.
MLS Listing Information
MLS #
ME225142769
MLS Source
MetroList Services, Inc.
Days on Site
24
Interior Features
Flooring
Carpet, Tile
Laundry
Coin Operated
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Composition, Rolled/Hot Mop
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Carport, Carport(s) - Awning, Covered Parking, Off-Site Parking, Off-Street Parking, Garage: 0 Car(s)
Elementary District
Stockton Unified
High School District
Stockton Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Complex Amenities
Community Security Gate
Zoning
R-3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 19 | 20 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 558 | 1 | 1/0 | $1,157 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1905 N El Dorado St is a Residential Income in Stockton, CA 95204. This 11,158 square foot property sits on a 0.446 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,450,000 and was built in –. This address can also be written as 1905 N El Dorado St, Stockton, CA 95204.
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This listing information is up-to-date as of November 17, 2025. For the most current information, please contact Isaac Merritt, (530) 401-1885
