
Stockton, CA 95205
This triplex represents a High-Potential Investment Opportunity with a List Price of $325,000—positioned above the $302,473 Fair Market Value by 7%. While the property requires capital for modernization, its status as a fully occupied Triplex provides immediate cash flow. With a Condition Rating of 5, the asset offers significant value-add potential through interior renovations and the utilization of its 5,000 sqft lot for future expansion. This is a strategic acquisition ideal for Buy-and-Hold Investors or Value-Add Developers seeking to force appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1441 Sierra Ln Subject | $309,000* List Price | 0 | 0 | 960 | $302 | - |
A 1322 N Filbert St Pending | $280,000 List Price | 0 | 0 | 897 | $312 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (>75 years old) with no evidence of recent renovations. The exterior shows significant wear, peeling paint, and window AC units indicating a lack of modern central HVAC. The listing description explicitly states units need to be updated to maximize value, suggesting the property requires a full rehab.
The property sits on a generous 5,000 sqft lot, offering a significant opportunity for future expansion or the addition of accessory dwelling units (ADUs) to increase density and total ROI.
As a fully occupied triplex with established tenants, the property provides an immediate and steady income stream for an investor from the first day of ownership.
The property is positioned as a 'sturdy investment' with a clear path to equity growth; strategic interior renovations will allow a buyer to force appreciation and significantly increase market rents.
The units are in need of modernization and updates to reach their full potential, requiring an upfront capital investment for repairs and cosmetic improvements.
With only 960 total square feet divided among three studio units, the living spaces are exceptionally small, which may limit long-term tenant retention and cap the maximum rental ceiling.
Great opportunity to own a sturdy investment. Large lot with the possibility to expand. Units need to be updated to maximize the potential increase in value—3 studio units with great occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.3 |
| Square foot | 960 | 1,952.667 |
| Lot Size | 5,000 | 7,118.5 |
| Price | $309.0K | $440.5K |
| Price per sq ft | $322 | $237 |
| Built year | 1947 | 1961 |
| HOA | $0 | $112 |
| Days on market | 58 | 73 |
Aug 13, 2026
$309,000
$325,000
-5% Price Drop
Initial Listing
Jul 13, 2026
$325,000
Initial Listing