20 S California St

Stockton is a city in and the county seat of San Joaquin County in the Central Valley of the U.S. state of California. The city is located on the San Joaquin River in the northern San Joaquin Valley and had an estimated population of 312,697 by the California Department of Finance for 2019. Stockton is the 13th largest city in California and the 62nd largest city in the United States. It was named an All-America City in 1999, 2004, 2015 and again in 2017. Due to its location at the "crossroads" of the Central Valley and a relatively extensive highway system, Stockton is easily accessible from virtually anywhere in California. Interstate 5 and State Route 99, California's major north–south thoroughfares, pass through the city limits. The east–west highway State Route 4 also passes through the city, providing access to the San Francisco Bay Area as well as the Sierra Nevada and its foothills. Stockton is the western terminus of State Route 26 and State Route 88, which extends to the Nevada border. In addition, Stockton is within an hour of Interstate 80, Interstate 205 and Interstate 580 The property is situated in Downtown Stockton, which is a great place to enjoy dining, arts, music, sports, theater, and recreation. Downtown has over 50 ethnically diverse eateries; enjoy live hockey, baseball or basketball in our indoor and outdoor venues; catch a newest blockbuster at the downtown cinema and IMAX, or a classic movie or live show at the historic Bob Hope (Fox) Theater.20 S California Street is a multi-level, mixed-use commercial asset totaling approximately 16,000 square feet, strategically located in the heart of Downtown Stockton’s Commercial core. The property consists of five ground-floor retail suites, an upper-level second floor, and a full 10,000 SF basement, offering investors multiple paths to unlock value through leasing, repositioning, and functional redevelopment. The ground floor comprises 10,000 SF of retail space, currently 80% occupied (4 of 5 suites leased), providing in-place cash flow with immediate upside through lease-up of the vacant unit and rent optimization across the tenant mix. The 6,000 SF second floor and 10,000 SF basement represent substantial underutilized square footage, creating a clear value-add narrative through adaptive reuse, office/multi-family conversion, creative space, storage, or alternative commercial uses permitted under Downtown Commercial (DC) zoning. Here is your opportunity to invest in a submarket experiencing ongoing public and private reinvestment.