
Stockton, CA 95205
This property presents a High-Potential Investment Opportunity with a List Price of $270,000—positioned well above the $243,267 Fair Market Value by 10%. While the property requires significant rehabilitation due to its Condition Rating of 5, the expansive 10,890 sqft lot offers substantial ADU and Expansion Potential. This asset is well-suited for those utilizing renovation financing to maximize density. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a high-utility residential zone.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1019 Sullivan Avenue Subject | $270,000* List Price | 2 | 1 | 913 | $266 | - |
A 447 S Shasta Avenue Pending | $275,000 List Price | 2 | 1 | 956 | $288 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this property is over 80 years old and requires significant rehabilitation. The listing explicitly identifies it as a rehab-loan opportunity needing major repairs. Visual evidence of an industrial air mover and plastic sheeting suggests active water damage mitigation, while interior photos show missing flooring and dated, exposed systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 913.
The oversized 10,890 sqft lot provides significant space for an Accessory Dwelling Unit (ADU) or property expansion, offering excellent value-add potential for investors looking to maximize density.
Existing updates to the kitchen cabinetry, countertops, and bathroom shower surround provide a head start on renovations, reducing the total capital expenditure required for a full remodel.
The home requires substantial repairs and is being sold in as-is condition, which limits traditional financing options and necessitates a buyer with a large renovation budget.
The local schools carry low ratings (ranging from 2 to 5), which may deter family-oriented owner-occupants and potentially impact the property's long-term appreciation and resale velocity.
Investor and rehab-loan opportunity at 1019 Sullivan. This 2-bedroom, 1-bath property is ideal for buyers using a 203(k) loan, hard money, fix-and-flip financing, or a fix-and-hold strategy. Home needs significant repairs and is being sold in its current condition. Existing updates include kitchen cabinetry/countertops and an updated bathroom shower surround. Spacious lot may offer ADU potential; buyer to verify zoning, permits, setbacks, and development options with the city. Bring your contractor, vision, and renovation plan to restore this property and maximize its potentipractical amenities.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades K-8 • 0.6 mi
Grades K-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 49% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 913 | 1,088 | 32% |
| Lot Size | 10,890 | 5,998 | 91% |
| Price | $270.0K | $311.0K | 32% |
| Price per sq ft | $296 | $289 | 51% |
| Built year | 1940 | 1946 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 204 | 2% |
Jun 3, 2026
$270,000
Initial Listing
Mar 28, 2019
$205,000
Public Record
Sep 8, 1999
$63,000
Public Record