1012 Leaf Avenue, Stockton, CA 95207, Stockton, 95207 - 2 bed, 1 bath

1012 Leaf Avenue, Stockton, CA 95207 home-pic-0
ACTIVE$299,000$839/sqft
1012 Leaf Avenue, Stockton, CA 95207
2Beds
1Bath
839Sqft
28,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28000, living area = 839.
Top Cons:
Small Existing Home: The current 2-bedroom, 1-bath home is only 839 sq ft, which is very small for the lot size and likely necessitates significant renovation or a complete rebuild.

Compared to the nearby listings

Price:$299.0K vs avg $417.5K ($-118,500)24%
Size:839 sqft vs avg 1,592.5 sqft3%
Price/sqft:$356 vs avg $25895%

More Insights

Built in 1938 (88 years old).
Condition: Built in 1938, this property is in extremely poor condition, requiring substantial repairs and rehabilitation throughout. The kitchen features severely outdated and dirty appliances, dilapidated cabinets, and peeling linoleum flooring. The bathroom has very old, stained fixtures and damaged surfaces. Interior spaces show dirty, stained walls and ceilings, worn-out carpets, exposed wiring, and outdated heating/cooling systems, indicating significant deferred maintenance and potential safety issues. The property is clearly not move-in ready and would be unsafe and uncomfortable in its current state, aligning with the 'poor' condition criteria.
Year Built
1938
Close
-
List price
$299K
Original List price
-
Price/Sqft
$356
HOA
$0
Days on market
-
Sold On
-
MLS number
225145516
Home ConditionPoor
Features
Good View:
Deck
Patio
View-

About this home

Looking for your next flip? This one's a money maker! Sitting on a massive .64-acre lot (27,878 sq ft) in one of Stockton's most sought-after areas, this property offers endless potential. The existing 2-bedroom, 1-bath home is just under 900 sq ft, ready for your vision and creativity. Outside, you'll find a huge shop with two roll-up doors, multiple outbuildings and sheds, and plenty of space for expansion or even a possible lot split (check with the county). Located in the desirable Lincoln School District, this is a rare opportunity for investors or builders looking to capitalize on a prime location with big potential.

K
Kimberlee Williams
Listing Agent

Nearby schools

4/10
Colonial Heights School
Public,K-80.7mi
5/10
Sierra Middle School
Public,7-81.0mi

Price History

Date
Event
Price
08/07/24
Sold
$266,500
Condition Rating
Poor

Built in 1938, this property is in extremely poor condition, requiring substantial repairs and rehabilitation throughout. The kitchen features severely outdated and dirty appliances, dilapidated cabinets, and peeling linoleum flooring. The bathroom has very old, stained fixtures and damaged surfaces. Interior spaces show dirty, stained walls and ceilings, worn-out carpets, exposed wiring, and outdated heating/cooling systems, indicating significant deferred maintenance and potential safety issues. The property is clearly not move-in ready and would be unsafe and uncomfortable in its current state, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28000, living area = 839.
Large Lot Size: The property boasts a massive .64-acre (27,878 sq ft) lot, offering ample space for various uses, expansion, or potential development.
Development Potential: Explicitly highlighted for its potential for expansion or even a possible lot split, making it highly attractive to investors and builders.
Desirable School District: Located within the highly sought-after Lincoln School District, a significant draw for families.
Outbuildings and Shop: Includes a huge shop with two roll-up doors and multiple additional outbuildings/sheds, providing valuable utility, storage, or workspace.
Investment Opportunity: Marketed as a 'money maker' and a 'rare opportunity for investors or builders,' indicating strong potential for value appreciation through renovation or development.

Cons

Small Existing Home: The current 2-bedroom, 1-bath home is only 839 sq ft, which is very small for the lot size and likely necessitates significant renovation or a complete rebuild.
Age of Property: Built in 1938, the home is an older structure, suggesting it may have outdated systems, finishes, and require substantial modernization to meet contemporary standards.
Requires Significant Investment: Described as a 'flip' and 'ready for your vision,' implying it is not move-in ready and will require considerable financial and time investment for renovation or redevelopment.
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