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W Magnolia Street

Stockton, CA 95202

$199,000 $838/Mo

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Description

Prime infill opportunity in a high-demand, central location - lot with plans already approved, saving significant time and soft costs. The approved layout features four well-designed, 2BD + 2BA units totaling approximately 3,978 sq ft. Units 1 and 3 are 981 sq ft, while Units 2 and 4 are 1,008 sq ft, each with private outdoor space including a deck or patio, creating strong long-term rental appeal. Utilities are believed to be on site, including sewer and water, as the property previously had an apartment building. PG&E service is available overhead. No waiting on entitlements - move forward with confidence knowing the project is already approved. Exceptional walkability: Midtown's Miracle Mile corridor is a pedestrian-friendly district with shopping, dining, entertainment, and strong nei ghborhood appeal. The area is a proven rental performer with strong demand and low vacancy. Additional upside: the location qualifies for city incentives for a reduction in permit fees, with estimated savings exceeding $58,000. A rare chance to build new units in a sought-after corridor while saving substantial time and money thanks to approved plans, fee incentives and utility access. Opportunities like this don't come around often, step into a project that's already in motion and bring it across the finish line. Buyer to verify all development standards, approved plans, fees/incentives, utility locations/capacities, and any program eligibility with the City of Stockton.

Property Details

Property Type : Land

Price : $199,000

AD Id : 77648604

MLS Id : 226049282

Year Built : --

County : San Joaquin

Map

Features

Water/Sewer

Sewer: Public Sewer
Heating & Cooling

WaterSource: Public

Road Types

City Street

Lot Information

Lot Description: Public Trans Nearby, Curb(s), Sidewalk(s), Paved Lot Square Feet: 4,400 Topography: Level

Property Information

Property Type: Land Sub Type: Residential Lot Cross Street: N Madison Source Neighborhood: 20701 Postal Code Plus 4: 1245 Area: Stockton S: 95202 Zoning: Residential, Single-Family, Multi-Residential, See Remarks, Other

Farm Info

Irrigation Source: Public

Listing Price Information

Listing Id: 226049282 List Price: $199,000

Tax Information

Parcel Number: 137-122-11

Elementary School District: Stockton Unified

Junior High School District: Stockton Unified

Senior High School District: Stockton Unified
Utility Information

See Remarks
Location Information

Direction: Take the exit for CA-4 East (Downtown Stockton) This is one of the main exits into central Stockton. Merge onto CA-4 East / Crosstown Freeway Take the exit for El Dorado St / Center St Turn left onto El Dorado Street (head north) Turn left onto W Magnolia Street Continue a short distance ➜ 133 W Magnolia St will be on your left

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
32 S American Street, Stockton, CA, 95202	$1,989,990	--	--	--	5,000.69 Sqft(Lot)
N Commerce Street, Stockton, CA, 95202	$749,950	--	--	3,385	10,001.38 Sqft(Lot)
E Oak Street, Stockton, CA, 95202	$399,777	--	--	3,043	5,998.21 Sqft(Lot)
N El Dorado Street, Stockton, CA, 95202	$2,299,998	--	--	34,920	17,998.99 Sqft(Lot)
E Magnolia Street, Stockton, CA, 95202	$499,900	--	--	3,550	5,000.69 Sqft(Lot)
N Sutter Street, Stockton, CA, 95202	$3,030,000	--	--	12,300	Acres (Lot)--
S American Street, Stockton, CA, 95202	$1,450,000	--	--	15,000	Acres (Lot)--
W Flora Street, Stockton, CA, 95202	$725,000	--	--	3,648	7,274.52 Sqft(Lot)
N Sutter Street, Stockton, CA, 95202	$295,000	--	--	--	Acres (Lot)--
420 N California Street, Stockton, CA, 95202	$2,850,000	--	--	--	7,501.03 Sqft(Lot)