
Stockton, CA 95205
Analysis of 1306 1306 N Filbert St, Stockton, CA 95205 is currently available with a list price of $544,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Stockton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1949, this property is functional and currently income-producing, but shows signs of its age. While interior images reveal some cosmetic updates like shaker-style cabinets and laminate flooring, the overall infrastructure is dated, featuring basic white appliances and minimal exterior landscaping. The listing's description as a 'value-add' opportunity suggests that while major systems are operational, the property requires ongoing maintenance and minor updates to reach modern quality standards.
The property adheres to the '1% Rule' with a gross monthly income of $5,400 against a $544,000 list price, offering immediate and strong investment returns in a challenging market.
With three of the four units currently on month-to-month leases, a new owner has the immediate opportunity to adjust rents to market rates or perform strategic renovations.
Priced at $136,000 per unit, this quadruplex represents a highly accessible entry point for multi-family investing within the California residential income sector.
Each unit is approximately 400 square feet, which restricts the tenant demographic to individuals or couples and may result in higher turnover rates.
Built in 1949, the property is over 75 years old and likely requires higher ongoing maintenance reserves and potential capital expenditures for aging systems.
How often do you come across a true 1% Rule property in today’s market? This one checks the box. Welcome to 1306 N Filbert St (Units 1302, 1304, 1306 & 1308) — a cash-flowing 4-plex bringing in $5,400/month in rents, offered at just $544,000. Property highlights: 4 units total: 1302 / 1304 / 1306 / 1308 All units are 1 bed / 1 bath Each unit approx. 400 sq ft (approx. 1,600 sq ft total) Strong in-place income: $64,800/year gross Flexible rent structure: 3 leases month-to-month, 1 annual lease ending around June 2026 This is the kind of small multifamily that’s hard to find—in-place cash flow on day one with built-in flexibility to stabilize, improve, and optimize over time. Lease agreements, Income Statements - all available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 1,600 | 1,320 | 50% |
| Lot Size | 6,200 | 6,200 | 50% |
| Price | $544.0K | $375.2K | 88% |
| Price per sq ft | $340 | $323 | 63% |
| Built year | 1949 | 1947 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 121 | 13% |
Feb 12, 2026
$544,000
Initial Listing
Oct 28, 2019
$325,000
Public Record
Sep 12, 2011
$40,000
Public Record
Jan 14, 2011
$80,000
Public Record
Jul 27, 2004
$350,000
Public Record