1405 E Channel Street, Stockton, CA 95205, Stockton, 95205 - 4 bed, 2 bath
ACTIVE$185,000$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:
Significant Renovation Progress: Major progress has already been completed, including a cleared fire inspection, fully complete framing, and brand new windows installed, reducing the initial workload for the buyer.
Top Cons:
Incomplete Project: The property requires substantial additional investment and effort to complete the 'final stages' of renovation, making it uninhabitable in its current state.
Compared to the nearby listings
Price:$185.0K vs avg $315.0K ($-130,000)23%
Size:2,029 sqft vs avg 1,076.5 sqft94%
Price/sqft:$91 vs avg $25719%
More Insights
Built in 1895 (131 years old).
Condition: This property is an active construction site, gutted to the studs with only framing and new windows completed. It lacks all essential components for habitation, including a functional kitchen, bathrooms, finished flooring, walls, electrical, and plumbing systems. It is currently unlivable and requires substantial rehabilitation to be completed.
Year Built
1895
Close
-
List price
$185K
Original List price
-
Price/Sqft
$91
HOA
$0
Days on market
-
Sold On
-
MLS number
226004201
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
This property is an active construction site, gutted to the studs with only framing and new windows completed. It lacks all essential components for habitation, including a functional kitchen, bathrooms, finished flooring, walls, electrical, and plumbing systems. It is currently unlivable and requires substantial rehabilitation to be completed.
Pros & Cons
Pros
Significant Renovation Progress: Major progress has already been completed, including a cleared fire inspection, fully complete framing, and brand new windows installed, reducing the initial workload for the buyer.
Clear Investment Opportunity: The property is explicitly marketed as an 'investment opportunity' and 'ideal for investors or builders,' indicating strong potential for value appreciation upon completion.
Value-Add Potential: The current state allows a buyer to customize finishes and add significant value, maximizing return on investment for the final stages of the project.
Spacious Layout: With 4 bedrooms, 2 bathrooms, and 2,029 sq ft of living space, the property offers a substantial footprint suitable for various family needs or potential rental configurations.
New Windows Installed: The installation of brand new windows is a significant upgrade, improving energy efficiency, aesthetics, and reducing future maintenance costs for the buyer.
Cons
Incomplete Project: The property requires substantial additional investment and effort to complete the 'final stages' of renovation, making it uninhabitable in its current state.
Potential for Unforeseen Costs: Despite current progress, properties built in 1895 can harbor hidden issues (e.g., plumbing, electrical, foundation) that may lead to unexpected expenses during the completion phase.
Limited Financing Options: Due to its unfinished nature, the property is unlikely to qualify for conventional mortgages, potentially requiring cash or specialized construction loans, which narrows the buyer pool.