
Stockton, CA 95205
This property presents a High-Potential Investment Opportunity with a List Price of $305,000—positioned well below the $302,271 Fair Market Value (Note: Market value is slightly below list, indicating a stable, fair-market entry). While the home carries a Condition Rating of 5, the Garage Conversion and Basement provide significant utility for rental income. The 4-Bedroom Layout and RV Parking offer substantial value-add potential for those willing to address the deferred maintenance. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a project with immediate rental versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1224 E Lafayette St Subject 4 bd · 2 ba · 1,372 sqft · $219 | $299,000* List Price | 4 | 2 | 1,372 | $219 | - |
A 915 Solari Avenue Sold 2 bd · 1 ba · 1,037 sqft · $251 · 0.9 mi | $260,000 | 2 | 1 | 1,037 | $251 | 0.9 mi |
B 1224 E Lafayette Street Active 4 bd · 2 ba · 1,372 sqft · $219 · 0.0 mi | $299,950 List Price | 4 | 2 | 1,372 | $219 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1888, this property shows significant signs of deferred maintenance and age. The exterior siding has extensive peeling paint, the interior features dated wall heaters instead of central HVAC, and the carpeting is heavily stained. The listing itself notes a need for TLC, and the overall condition suggests a need for a full rehab to address structural and system obsolescence.
The garage has been converted into a potential studio with its own kitchen, offering excellent versatility for rental income or multi-generational living.
With four bedrooms, a basement, and a two-story floor plan, the home provides significant interior space and utility for a growing family.
The property features a generous side yard with potential RV parking and a good-sized lot, providing valuable space for vehicle storage and recreation.
The property is noted to need 'TLC,' indicating that immediate investments in repairs and cosmetic upgrades will be necessary for the new owner.
Built in 1888, the home's extreme age may present challenges with outdated infrastructure, such as plumbing and electrical systems, compared to modern standards.
Two story home with nice floor plan. 4 Bedroom Home with good size yard waiting for new owners. Garage has been converted to a possible studio with kitchen. It also has a Basement. Ample side yard with possible RV parking. Home needs a little TLC but has ample potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,372 | 1,580.795 |
| Lot Size | 5,001 | 6,358.036 |
| Price | $299.0K | $449.6K |
| Price per sq ft | $218 | $283 |
| Built year | 1888 | 1978 |
| HOA | $0 | $274 |
| Days on market | 39 | 58 |
Oct 9, 2026
$299,000
$305,000
-2% Price Drop
Initial Listing
Sep 15, 2026
$305,000
Initial Listing
Jan 20, 2009
$31,000
Public Record
May 31, 2005
$284,000
Public Record
Jan 31, 2003
$140,000
Public Record