Located in the heart of Stockton, California, 527 N. Pilgrim Street offers an excellent opportunity for both residential and commercial prospects. This prime property is situated in a well-established area with easy access to major highways, shopping centers, dining options, and local amenities, making it a highly desirable location for residential tenants.
The property features a spacious lot with a versatile layout, offering Twenty (20) two-bedroom units (approximately 680 sq. ft.) and Seven (7) one-bedroom units approximately 450 sq. ft.). Ownership has recently made substantial investments in capital improvements, including the installation of a new roof coating (with a 3-year warranty), exterior painting, and the replacement of all windows with energy-efficient dual-pane models.
Stockton, a rapidly growing city in California's Central Valley, is known for its vibrant community, diverse culture, and a wide variety of recreational opportunities. Its favorable location and continued development make this property an attractive choice for both tenants and investors. With its strategic position and enhanced features, 527 N. Pilgrim Street stands as a valuable asset in one of California’s most promising and evolving regions.