1885 Lucerne, Stockton, CA 95203, Stockton, 95203 - 3 bed, 1 bath
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Stockton, CA 95203
This property presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well above the $295,118 Fair Market Value by -23%. Given the Condition Rating of 5, the home requires significant rehabilitation to modernize its dated 1933 finishes. While the partial basement and I-5 proximity offer functional utility, the low-rated local schools and single-bath layout necessitate a value-add strategy. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to capture long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1885 Lucerne Subject | $365,000* List Price | 3 | 1 | 1,199 | $246 | - |
A 1443 W Elm Street Sold | $325,000 | 3 | 1 | 1,396 | $233 | 0.5 mi |
B 1037 W Magnolia West Sold | $320,000 | 2 | 1 | 1,255 | $255 | 0.8 mi |
C 1428 W Harding Way Sold | $315,000 | 2 | 1 | 1,194 | $264 | 0.5 mi |
D 1037 W Magnolia Street Sold | $320,000 | 2 | 1 | 1,255 | $255 | 0.8 mi |
E 1007 W Rose Street Sold | $350,000 | 3 | 1 | 1,419 | $247 | 0.8 mi |
F 1861 W Harding Way Active | $300,000 | 3 | 2 | 1,138 | $351 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1933 and shows no evidence of recent renovations. The bathroom features highly dated pink tiling, older fixtures, and worn cabinetry likely exceeding 40-50 years in age. Given the overall age and the condition of the primary systems and finishes visible, the home requires significant rehabilitation to meet modern standards.
The property is ideally situated with quick access to Interstate 5, making it a highly convenient location for commuters traveling throughout the Stockton region and beyond.
Priced competitively at $365,000, this residence represents an excellent opportunity for first-time homebuyers to acquire a three-bedroom detached home in a challenging market.
Built in 1933, the home offers classic architectural charm and includes a partial basement, providing rare additional storage space that adds functional value to the property.
The home features three bedrooms but only one bathroom, which may create logistical challenges for families or households with multiple occupants.
The assigned public schools for this address currently carry low performance ratings, which could be a significant drawback for families prioritizing educational excellence.
CHARMING 3 bedrooms 1 bath home; partial basement. Great starter home. Close to I5
No exterior & parking available.
Grades K-8 • 0.1 mi
Grades K-8 • 1.2 mi
Grades K-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,199 | 1,244 | 45% |
| Lot Size | 4,291 | 5,349 | 7% |
| Price | $365.0K | $350.0K | 66% |
| Price per sq ft | $304 | $278 | 66% |
| Built year | 1933 | 1927 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 194 | 3% |
May 11, 2026
$365,000
Initial Listing