1405 E Channel Street, Stockton, CA 95205, Stockton, 95205 - 4 bed, 2 bath
ACTIVE$99,999$2,029/sqft
1405 E Channel Street, Stockton, CA 95205
4Beds
2Baths
2,029Sqft
5,001Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Clear Investment Opportunity: Explicitly marketed as an investment opportunity, with a competitive list price of $99,999 for a 4 bed, 2 bath, 2,029 sq ft property, indicating significant potential for value appreciation upon completion.
Top Cons:
Incomplete Renovation Project: The property is not move-in ready and requires substantial additional investment in time, capital, and resources to complete the final stages of renovation and bring it to a habitable condition.
Compared to the nearby listings
Price:$100.0K vs avg $315.0K ($-215,001)18%
Size:2,029 sqft vs avg 1,076.5 sqft94%
Price/sqft:$49 vs avg $25719%
More Insights
Built in 1895 (131 years old).
Condition: The property is an active renovation project, currently a framed shell with no finished living spaces, kitchen, or bathrooms. While new windows and framing are complete, it is not habitable and requires substantial rehabilitation, including all major systems and finishes, to be move-in ready.
Year Built
1895
Close
-
List price
$100K
Original List price
-
Price/Sqft
$49
HOA
$0
Days on market
-
Sold On
-
MLS number
225151765
Home ConditionPoor
Features
View-
About this home
Investment opportunity with major progress already completed. This 4 bedroom, 2 bathroom property offers 2,029 sq ft of living space. Fire inspection has been cleared, framing is fully complete, and brand new windows have been installed. Ideal for investors or builders looking to take a project through final stages and add value.
R
Randy Thomas
Listing Agent
Price History
Date
Event
Price
04/30/97
Sold
$55,000
01/06/25
Sold
$185,000
09/14/23
Sold
$40,000
05/06/05
Sold
$232,000
Condition Rating
Poor
The property is an active renovation project, currently a framed shell with no finished living spaces, kitchen, or bathrooms. While new windows and framing are complete, it is not habitable and requires substantial rehabilitation, including all major systems and finishes, to be move-in ready.
Pros & Cons
Pros
Clear Investment Opportunity: Explicitly marketed as an investment opportunity, with a competitive list price of $99,999 for a 4 bed, 2 bath, 2,029 sq ft property, indicating significant potential for value appreciation upon completion.
Substantial Renovation Progress: Major hurdles have been cleared, including a fire inspection, complete framing, and the installation of brand new windows, significantly de-risking the initial stages of the project for an investor.
Generous Living Space: Offering 4 bedrooms, 2 bathrooms, and 2,029 sq ft, the property provides ample space, making it attractive to families or as a rental property once fully renovated.
Value-Add Potential: Ideal for investors or builders, the property is positioned for a buyer to complete the final stages of renovation, allowing for customization and a substantial increase in market value.
New Window Installation: The installation of brand new windows is a significant upgrade, contributing to future energy efficiency and reducing a major renovation expense for the buyer.
Cons
Incomplete Renovation Project: The property is not move-in ready and requires substantial additional investment in time, capital, and resources to complete the final stages of renovation and bring it to a habitable condition.
Historic Property Challenges: Built in 1895, the age of the property suggests potential for hidden issues with plumbing, electrical, or foundation that may lead to unforeseen and costly repairs during the renovation process.
Niche Buyer Pool: This property specifically targets investors or builders, which limits the pool of potential buyers to those with the necessary expertise, capital, and willingness to undertake a major renovation project.