1534 E Harding Way, Stockton, CA 95205, Stockton, 95205 - 3 bed, 2 bath
ACTIVE$349,000$1,676/sqft
Est. Value: $469,878
34%
BelowEstimate
1534 E Harding Way, Stockton, CA 95205
3Beds
2Baths
1,676Sqft
5,624Lot
Price Vs. Estimate
The estimated value ($469,878.11) is $120,878.11 (34%) higher than the list price ($349,000). This property may be underpriced.
Key pros and cons
Top Pros:
Dual Dwelling Configuration: The property features two separate houses on one lot (3 bed/1.5 bath and 1 bed/1 bath), offering exceptional flexibility for multi-generational living or maximizing rental income potential.
Top Cons:
Age of Property & Renovation Needs: Built in 1925, the property is nearly a century old, suggesting it likely requires significant renovation or updates to modernize and maximize its value, as implied by the 'value-add flip' and 'renovate to maximize returns' statements.
Compared to the nearby listings
Price:$349.0K vs avg $322.5K (+$26,500)56%
Size:1,676 sqft vs avg 1,076.5 sqft83%
Price/sqft:$208 vs avg $25735%
More Insights
Built in 1925 (101 years old).
Condition: Built in 1925, this property is nearly 100 years old. While some cosmetic updates like LVP flooring and bathroom vanities appear recent, the kitchens are severely outdated with old cabinets, worn laminate countertops, and basic appliances. The property lacks central HVAC, relying on wall heaters, indicating major system deficiencies. The listing itself markets it as a 'value-add flip' requiring renovation, suggesting substantial rehabilitation is needed to bring it to modern standards and comfort, aligning with the 'poor' condition criteria.
Year Built
1925
Close
-
List price
$349K
Original List price
-
Price/Sqft
$208
HOA
$0
Days on market
-
Sold On
-
MLS number
225151878
Home ConditionPoor
Features
View-
About this home
RARE opportunity to acquire two separate houses on one lot at an excellent price of $349,000. 3 bed & 1.5 bath and 1 bed 1 bath . Ideal for cash-flow investors, rental portfolio expansion, or a value-add flip, this property offers multiple income streams and strong upside potential. Live in one and rent the other, rent both, or renovate to maximize returns. Priced below replacement cost, this is a smart acquisition for investors seeking long-term appreciation and immediate income potential. Opportunities like this don't come oftenact fast.
L
Luisa Renwick
Listing Agent
Nearby schools
3/10
Grunsky Elementary School
Public,•K-8•0.1mi
3/10
Harrison Elementary School
Public,•K-8•1.1mi
4/10
August Elementary School
Public,•K-8•1.3mi
2/10
Stagg Senior High School
Public,•5-12•2.7mi
4/10
Cesar Chavez High School
Public,•9-12•3.0mi
Price History
Date
Event
Price
06/24/10
Sold
$84,500
06/17/05
Sold
$305,000
Condition Rating
Poor
Built in 1925, this property is nearly 100 years old. While some cosmetic updates like LVP flooring and bathroom vanities appear recent, the kitchens are severely outdated with old cabinets, worn laminate countertops, and basic appliances. The property lacks central HVAC, relying on wall heaters, indicating major system deficiencies. The listing itself markets it as a 'value-add flip' requiring renovation, suggesting substantial rehabilitation is needed to bring it to modern standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Dual Dwelling Configuration: The property features two separate houses on one lot (3 bed/1.5 bath and 1 bed/1 bath), offering exceptional flexibility for multi-generational living or maximizing rental income potential.
Strong Investment Potential: Explicitly marketed as ideal for cash-flow investors, rental portfolio expansion, or a value-add flip, providing multiple income streams and significant upside potential.
Attractive Price Point: Listed at an 'excellent price' of $349,000 and stated to be 'priced below replacement cost,' indicating strong value and potential for immediate equity gain.
Versatile Use Options: Offers diverse strategies for buyers, including living in one unit and renting the other, renting both for maximum cash flow, or renovating to further increase returns and long-term appreciation.
Immediate Income & Long-Term Appreciation: The property provides both immediate income potential through rentals and the promise of long-term appreciation, appealing to a broad investor base seeking dual benefits.
Cons
Age of Property & Renovation Needs: Built in 1925, the property is nearly a century old, suggesting it likely requires significant renovation or updates to modernize and maximize its value, as implied by the 'value-add flip' and 'renovate to maximize returns' statements.
Potential for Deferred Maintenance: Given its age and the investment-focused description, there is an implied likelihood of deferred maintenance or outdated systems that a new owner would need to address, adding to the initial investment costs.
Compact Living Spaces: With a total of 1676 sqft divided between two separate houses, the individual living spaces may be relatively compact, which could limit appeal for certain tenants or owner-occupants seeking more spacious accommodations.