1302 Holt Street, Stockton, CA 95203, Stockton, 95203 - 6 bed, bath

1302 Holt Street, Stockton, CA 95203 home-pic-0
ACTIVE$699,250$1,350/sqft
1302 Holt Street, Stockton, CA 95203
6Beds
0Bath
1,350Sqft
10,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: A multi-family property with three units offers significant rental income potential and investment diversification for buyers.
Top Cons:
Property Age: Built in 1938, the property is older and may require more frequent maintenance, updates, or have outdated systems.

Compared to the nearby listings

Price:$699.2K vs avg $517.5K (+$181,750)75%
Size:1,350 sqft vs avg 487.5 sqft63%
Price/sqft:$518 vs avg $088%

More Insights

Built in 1938 (88 years old).
Condition: Built in 1938, this property shows its age. While some cosmetic updates like new laminate flooring and fresh paint are present, the kitchen is significantly outdated with old appliances, basic cabinets, and an old sink. The absence of central heating and cooling, relying on wall units, indicates older systems. The exterior also suggests a need for general maintenance and landscaping. It is functional but requires substantial modernization, particularly in the kitchen and HVAC systems, to meet contemporary standards.
Year Built
1938
Close
-
List price
$699K
Original List price
-
Price/Sqft
$518
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82022837
Home ConditionFair
Features
View-

About this home

Price Improvement! 1302 Holt St is a multi-family property (3 total units), located in the Midtown West neighborhood of Stockton. Originally built in 1938, the property comprises of two separate structures on one lot; utility companies show two addresses, 1302 -1304 Holt (each unit approx sq ft 800) and 2161 Lucerne (approx sq ft 1350). The units are situated on a corner lot with a large carport and a fenced backyard, providing ample outdoor space. Each unit has 2 bedrooms and 1 bath. Interested parties are recommended to independently verify size due to discrepancy with public records. This is part of a portfolio sale which includes the following, investors may select individually or in bulk: 933 N Madison, Stockton (8 units); 545 N California, Stockton (20 units); 421 E Rose, Stockton (2 units); 1916 Vicki, Stockton (3 units); 722 N San Joaquin, Stockton (4 units); 144 N Grant, Stockton (4 units); 111 W Poplar, Stockton (4 units); 1617 17th, San Pablo (2 units); 8707 A St, Oakland (2 units); 1017 W 14th, Antioch (SFR).

H
Helen Chong
Listing Agent

Nearby schools

3/10
Victory Elementary School
Public,K-80.4mi
2/10
El Dorado Elementary School
Public,K-81.5mi
3/10
Wilson Elementary School
Public,K-82.1mi
4/10
Cleveland Elementary School
Public,K-82.1mi
2/10
Stagg Senior High School
Public,5-121.5mi

Price History

Date
Event
Price
04/24/00
Sold
$160,000
12/18/17
Sold
$255,000
11/21/02
Sold
$268,000
Condition Rating
Fair

Built in 1938, this property shows its age. While some cosmetic updates like new laminate flooring and fresh paint are present, the kitchen is significantly outdated with old appliances, basic cabinets, and an old sink. The absence of central heating and cooling, relying on wall units, indicates older systems. The exterior also suggests a need for general maintenance and landscaping. It is functional but requires substantial modernization, particularly in the kitchen and HVAC systems, to meet contemporary standards.
Pros & Cons

Pros

Income-Generating Triplex: A multi-family property with three units offers significant rental income potential and investment diversification for buyers.
Desirable Corner Lot Features: The property benefits from a corner lot, a large carport, and a fenced backyard, enhancing tenant appeal and property utility.
Flexible Investment Opportunity: Available as part of a larger portfolio sale, allowing investors the flexibility to acquire this property individually or in bulk.
Recent Price Improvement: The recent price reduction makes the property more competitively priced and attractive to potential buyers.
Dual Structure Configuration: Comprising two separate structures on one lot, which can offer increased privacy for tenants and flexible management options.

Cons

Property Age: Built in 1938, the property is older and may require more frequent maintenance, updates, or have outdated systems.
Square Footage Discrepancy: Public records indicate discrepancies in unit square footage, necessitating independent verification by interested parties.
Mixed School Performance: Several nearby schools have lower ratings, which could be a consideration for family-oriented tenants or future resale value.
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