1029 Porter Avenue, Stockton, CA 95207, Stockton, 95207 - 4 bed, 2 bath
Loading property details...
Stockton, CA 95207
This Development-Ready Residential Asset represents a Prime Investment Opportunity with a List Price of $460,000—positioned well below the $470,677 Fair Market Value by 2%. This valuation provides $10,677 in Instant Equity. Despite a Condition Rating of 4, the massive 32,099 sqft Lot and submitted plans for Multi-Unit Development offer exceptional upside. The Updated Kitchen and Granite Countertops support immediate rental income during the entitlement process. This strategic acquisition is ideal for Developers or Buy-and-Hold Investors targeting high-density growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1029 Porter Avenue Subject | $460,000* List Price | 4 | 2 | 2,127 | $221 | - |
A 1039 Porter Avenue Active | $480,000 List Price | 3 | 2 | 2,044 | $235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1950, the property shows a mix of aged infrastructure and partial updates. The kitchen and dining areas have been refreshed with laminate flooring, granite countertops, and stainless steel appliances, but the overall aesthetic remains dated. The exterior shows significant wear, including a heavily cracked concrete driveway and older siding. While the interior is maintained and functional for immediate occupancy, the property lacks a comprehensive modern renovation and is primarily positioned for its land value and development potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32099, living area = 2127.
The property features a massive lot with existing plans submitted for multi-unit development, offering exceptional upside for investors and developers looking to maximize land use.
Situated on nearly an acre in North Stockton, the rare lot size provides unique flexibility and the opportunity to combine with the neighboring parcel for a total of over 1.5 acres.
Originally built in 1950, the property may require ongoing maintenance or upgrades to older systems typical of homes from this era despite the interior updates.
Although plans have been submitted, the realization of multi-unit structures is subject to city approval and potential zoning hurdles, adding a layer of complexity for developers.
A rare opportunity in North Stocktonthis expansive lot sits just under one acre and offers exceptional flexibility for future use. It may also be purchased together with the neighboring property at 1039 Porter Ave, creating a combined parcel of over 1.5 acres. The existing home features 4 bedrooms, 2 bathrooms, and updated kitchen and bathroom spaces, providing comfortable living or rental potential while you plan your next steps. A separate storage shed sits at the rear of the property. This property is ideal for investors, developers, or buyers looking for space and long‑term upside. Current plans have been submitted to the city proposing the option to combine both lots and develop an apartment complex or multiple multi‑unit structures. Whether you want to build out the existing parcel or take advantage of the combined acreage, the possibilities are wide open.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,127 | 1,538.5 | 85% |
| Lot Size | 32,099 | 7,501 | 98% |
| Price | $460.0K | $430.0K | 64% |
| Price per sq ft | $216 | $283 | 15% |
| Built year | 1950 | 1962 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 183 | 3% |
Feb 12, 2026
$460,000
Initial Listing
Mar 20, 2018
$360,000
Public Record
Dec 31, 2002
$195,000
Public Record
Jan 7, 2000
$60,000
Public Record