
Stockton, CA 95207
This property presents a High-Potential Investment Opportunity with a List Price of $480,000, positioned slightly above the $467,289 Fair Market Value. While the current Condition Rating of 4 reflects an aged structure, the 31,598 sq. ft. lot offers exceptional utility for development. With plans submitted for multi-unit expansion and the option to combine with the adjacent parcel, this asset provides significant long-term upside. This is a strategic acquisition ideal for Developers or Buy-and-Hold Investors focused on land banking and high-density residential growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1039 Porter Avenue Subject | $480,000* List Price | 3 | 2 | 2,044 | $229 | - |
A 1029 Porter Avenue Active | $460,000 List Price | 4 | 2 | 2,127 | $216 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, the property is aged but remains functional, with the listing noting it provides 'comfortable living or rental potential.' The kitchen and bathrooms feature dated cabinetry, older appliances, and mid-century styling that has not undergone a recent comprehensive renovation. While the systems appear maintained enough for occupancy, the finishes, flooring, and fixtures are significantly outdated. The property is primarily marketed for its land value and development potential rather than the current condition of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31598, living area = 2044.
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 3 bedrooms, 2 bathrooms, providing comfortable living or rental potential while you plan your next steps. An Office 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,044 | 1,484 | 81% |
| Lot Size | 31,598 | 7,501 | 96% |
| Price | $480.0K | $425.0K | 71% |
| Price per sq ft | $235 | $275 | 23% |
| Built year | 1940 | 1962 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 122 | 192 | 6% |
Feb 12, 2026
$480,000
Initial Listing
Apr 14, 2017
$264,000
Public Record
Feb 17, 2005
$269,500
Public Record
Jul 15, 2003
$175,000
Public Record