1311 E Sonora Street, Stockton, CA 95205, Stockton, 95205 - 8 bed, 0 bath
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Stockton, CA 95205
This Strong Value Opportunity is a Residential Income Quadruplex listed at $699,000, positioned above the $661,112 Fair Market Value. While the list price exceeds the current estimate, the property offers significant upside through rent optimization. With a Poor Condition Rating (32 years old), the asset is a classic value-add project. Its strategic location near Hwy 99 and Hwy 4 ensures consistent tenant demand. This is a stable, legacy asset ideal for Buy-and-Hold Investors or Value-Add Investors seeking to modernize units and maximize long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1311 E Sonora Street Subject | $650,000* List Price | 8 | 0 | 3,200 | $196 | - |
A 345 S Pilgrim Street Active | $669,000 List Price | 9 | 0 | 3,439 | $195 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1992, the property is 32 years old, placing it in the 'Poor' category based on the age criteria (>30y). The listing highlights it as a 'value-add' opportunity with long-term tenants and below-market rents, which typically indicates that the kitchens, bathrooms, and major systems are original and require significant rehabilitation to meet modern standards.
With current rents positioned below market rates, this property offers a substantial opportunity for investors to optimize income and increase the capitalization rate through strategic rent adjustments.
The property features premier accessibility with immediate proximity to Highway 99 and the Crosstown Freeway, ensuring high tenant demand and historically low vacancy rates.
Constructed in 1992, the asset is newer than much of the local multi-family inventory, offering a low-maintenance footprint and a proven track record of minimal operating expenses.
The 5,000 sqft lot size is relatively compact for a four-unit building, which may restrict on-site parking capacity and limit private outdoor space for tenants.
While below-market rents offer upside, California's rent control laws (AB 1482) may limit the speed at which an investor can transition long-term tenants to current market rates.
THE PERFECT START TO YOUR INVESTMENT JOURNEY! Welcome to 1311 E. Sonora Street --- a fantastic, easy-to-manage 4-plex designed to make stepping into real estate investing completely stress-free. Whether you want to live in one unit and let your neighbors pay your mortgage, or just sit back and collect rent from day one, this property makes it simple. Offered by long-time owners who have taken excellent care of the property, this building features four identical, low-maintenance units. Each unit offers an efficient, popular layout: 2 comfortable bedrooms, 1 bathroom, and roughly 800 sq ft of living space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,200 | - |
| Lot Size | 5,000 | - |
| Price | $650.0K | $508.8K |
| Price per sq ft | $203 | $251 |
| Built year | 1992 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 54 |
Jul 3, 2026
$650,000
$699,000
-7% Price Drop
Initial Listing
Jun 16, 2026
$699,000
Initial Listing
Jun 30, 2017
$306,000
Public Record