
Stockton, CA 95205
This triplex presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well above the $558,719 Fair Market Value by -7%. While the property requires capital expenditure due to its Poor Condition Rating and aging infrastructure, it offers immediate cash flow through existing long-term tenants and exceptional on-site parking. The seller’s commitment to addressing inspection items provides a stable entry point for Buy-and-Hold Investors or Value-Add Developers seeking to optimize this multi-family asset in a high-demand rental market.
Property is extensive renovation needed.
The property was built in 1965 (59 years old) and shows significant signs of age without recent major renovations. The kitchen features original or very old cabinetry with visible peeling and wear, requiring a full rehab. Exterior images show stained stucco and window AC units, indicating dated climate systems. While currently occupied, the property meets the 'Poor' criteria due to its age (>30y) and the need for substantial interior and system updates.
The property is fully occupied with reliable, long-term tenants, providing immediate cash flow and a seamless management transition for the new owner.
The seller's commitment to addressing inspection and repair items prior to closing ensures a meticulously maintained, worry-free asset for the incoming landlord.
Exceptional on-site parking easily accommodates all residents and guests, a significant competitive advantage for multi-family housing in this market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 18.
Built in 1965, the property may require more frequent long-term maintenance or updates to core systems compared to modern multi-family developments.
At 693 square feet per unit, the living spaces are relatively small, which may limit future rent growth potential compared to larger two-bedroom layouts.
Maximize your portfolio with this fully occupied, low-maintenance triplex offering immediate income from day one. Each of the three identical units features a highly functional two-bedroom, one-bathroom layout across 693 square feet of optimized living space. Reliable, long-term tenants are already in place and eager to remain with the new ownership, ensuring a seamless management transition. The property boasts exceptional on-site parking capacity that easily accommodates all residents and guests. To ensure a worry-free transfer of this meticulously maintained asset, the seller is willing to address any standard inspection or repair items prior to closing, delivering a truly turnkey product to the next landlord.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,079 | - |
| Lot Size | 7,501 | - |
| Price | $599.0K | $508.8K |
| Price per sq ft | $288 | $251 |
| Built year | 1965 | 0 |
| HOA | $0 | $0 |
| Days on market | 19 | 54 |
Jul 3, 2026
$599,000
Initial Listing