1502 Wilshire Avenue, Stockton, CA 95203, Stockton, 95203 - 2 bed, 1 bath
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1502 Wilshire Avenue
Stockton, CA 95203
ACTIVE
CONDITION: POOR
2Beds
1Baths
996Sq Ft
6,120Lot Size
Property Price
LIST PRICE$240,000
EST. MARKET VALUE
$240,645
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned slightly above the $246,282 Fair Market Value. While the property requires a full interior rehab, it features significant capital improvements including a 2020 Roof, 2024 Water Heater, and 2025 Underground Water Service. With a Condition Rating of 5, this asset is best suited for Buy-and-Hold Investors or Experienced Rehabbers. The existing tenant-occupied status provides an immediate income stream while offering a clear path to value-add equity through interior modernization.
Estimated Market Value
$240,645
Based on Realkey algorithm analyzing recent comparable sales in Stockton.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1502 Wilshire Avenue Subject | $240,000* List Price | 2 | 1 | 996 | $242 | - |
A 2300 Raymond Avenue Sold | $270,000 | 3 | 1 | 1,256 | $215 | 0.3 mi |
B 1525 W Flora Street Sold | $226,000 | 2 | 1 | 878 | $257 | 0.9 mi |
C 2080 Lucerne Avenue Pending | $309,900 List Price | 2 | 1 | 1,083 | $286 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1951 and sold 'As-Is, Cash Only,' which typically indicates the property cannot qualify for traditional financing due to condition. While the roof and water heater are recent, the interior shows unfinished drywall and requires a full rehab to address dated systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features significant big-ticket upgrades, including a new roof (2020), water heater (2024), and replaced underground water service (2025), reducing immediate maintenance liabilities.
- Immediate Income Stream
As a tenant-occupied residence, this property offers investors a turnkey rental opportunity with cash flow starting immediately upon close of escrow.
- Value-Add Potential
With major exterior and system updates already completed, there is a clear path to equity growth through interior cosmetic renovations and modernizing the living spaces.
CONSRISKS & DEFICIENCIES
- Restricted Financing
The 'Cash Only' requirement significantly limits the buyer pool by excluding traditional mortgage, FHA, and VA financing options.
- As-Is Condition with Tenants
Selling in as-is condition with existing tenants in place may complicate the inspection process and delay the ability to perform immediate interior upgrades or occupy the unit.
About 1502 Wilshire Avenue
Please do not disturb the tenants. Property is tenant occupied and will be sold AS-IS, CASH ONLY, with the existing tenants to remain in place. 1502 Wilshire Ave presents an opportunity for an investor looking for an income-producing Stockton property with several major improvements already completed and additional potential for value-added updates. Recent improvements include a replaced underground water service (2025), water heater (2024), roof (2020), and three windows (2022). The kitchen has been painted, and the siding has also been replaced. It is primed for you to do some interior work to enhance this property to make it shine.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,120 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Stockton Unified Schools
Victory Elementary School
Grades K-8 • 0.5 mi
3/10
Commodore Stockton Skills School
Grades K-8 • 0.7 mi
5/10
Hoover Elementary School
Grades K-8 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 996 | 1,597.396 |
| Lot Size | 6,120 | 6,405.68 |
| Price | $240.0K | $451.4K |
| Price per sq ft | $241 | $281 |
| Built year | 1951 | 1978 |
| HOA | $0 | $270 |
| Days on market | 23 | 56 |
Pricing History
Listed for Sale
Sep 8, 2026
$240,000
$250,000
-4% Price Drop
Initial Listing
Price Change
Aug 17, 2026
$250,000
Initial Listing
Sold
Sep 29, 2016
$150,000
Public Record
Sold
Dec 11, 2008
$74,000
Public Record
Sold
Jan 4, 2005
$224,500
Public Record
Sold
Jul 31, 2002
$135,000
Public Record