This triplex presents a Strong Value Opportunity with a List Price of $325,000—positioned well above the $301,886 Fair Market Value by 7%. While the property requires capital expenditure due to its Condition Rating of 5, the 5,000 sqft lot offers significant expansion potential to increase density. As a fully occupied Residential Income asset, it provides immediate cash flow for Buy-and-Hold Investors or Value-Add Developers seeking a low-barrier entry into the Stockton multi-family market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1441 Sierra Ln Subject | $325,000* List Price | 0 | 0 | 960 | $314 | - |
A 1316 N Filbert St Sold | $267,000 | 0 | 0 | 800 | $334 | 0.2 mi |
B 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 (79 years old) with no mention of recent renovations; the listing explicitly states units need to be updated to maximize value, indicating dated interiors and systems that require significant rehab.
The generous 5,000 sqft lot provides a significant opportunity for further development or expansion, allowing an investor to increase the property's density and overall value.
As a fully occupied triplex with reliable tenants, the property offers immediate cash flow and stability for a buyer looking for a turnkey investment from an occupancy standpoint.
Listed at $325,000 for three units, this property represents a low-barrier entry into the California multi-family market with substantial room for equity growth.
The units require interior updates and modernization to achieve their full market potential, necessitating immediate capital expenditure for renovations.
With a total building size of only 960 sqft for three units, the individual studios are quite small, which may restrict the tenant profile and cap the maximum achievable rent.
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 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 960 | - |
| Lot Size | 5,000 | - |
| Price | $325.0K | $508.8K |
| Price per sq ft | $339 | $251 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 54 |
Jul 13, 2026
$325,000
Initial Listing