1916 Vicki Lane, Stockton, CA 95205, Stockton, 95205 - 6 bed, bath

1916 Vicki Lane, Stockton, CA 95205 home-pic-0
ACTIVE$489,250$2,080/sqft
1916 Vicki Lane, Stockton, CA 95205
6Beds
0Bath
2,080Sqft
7,501Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: The property is a triplex, offering immediate income potential and diversification for investors through multiple rental units.
Top Cons:
Age of Property & Required Updates: Constructed in 1965, the property may necessitate significant capital expenditure for system upgrades (e.g., plumbing, electrical) and cosmetic renovations to meet modern standards and tenant expectations.

Compared to the nearby listings

Price:$489.2K vs avg $322.5K (+$166,750)83%
Size:2,080 sqft vs avg 1,390 sqft50%
Price/sqft:$235 vs avg $13667%

More Insights

Built in 1965 (61 years old).
Condition: Built in 1965, this triplex requires substantial repairs and rehabilitation. The MLS description explicitly states the need for 'significant capital expenditure for system upgrades (e.g., plumbing, electrical) and cosmetic renovations.' The exterior images show a cracked and weed-infested parking area, indicating deferred maintenance. The presence of window AC units suggests a lack of central cooling, and without interior photos, it's highly probable that kitchens, bathrooms, and other systems are outdated and in need of major renovation to meet current standards.
Year Built
1965
Close
-
List price
$489K
Original List price
-
Price/Sqft
$235
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82022832
Home ConditionPoor
Features
View-

About this home

Price Improvement! 1916 Vicki Ln in Stockton is a multifamily property built in1965, sitting on a 7,501 sq ft lot. Triplex, featuring six (6) bedrooms and three (3) bathrooms spread over about 2,400 sq ft of interior space.The structure is framed in wood, with stucco exterior and a composition shingle roof. It includes off-street parking and utilities such as natural gas heating. This is part of a portfolio sale which includes the following, investors may select individually or in bulk: 933 N Madison, Stockton (8 units); 545 N California, Stockton (20 units); 421 E Rose, Stockton (2 units); 722 N San Joaquin, Stockton (4 units); 144 N Grant, Stockton (4 units); 111 W Poplar, Stockton (4 units); 1302 Holt, Stockton (3 units); 1617 17th, San Pablo (2 units); 8707 A St, Oakland (2 units); 1017 W 14th, Antioch (SFR).

H
Helen Chong
Listing Agent

Price History

Date
Event
Price
08/16/01
Sold
$140,000
03/29/19
Sold
$275,000
02/10/15
Sold
$145,000
Condition Rating
Poor

Built in 1965, this triplex requires substantial repairs and rehabilitation. The MLS description explicitly states the need for 'significant capital expenditure for system upgrades (e.g., plumbing, electrical) and cosmetic renovations.' The exterior images show a cracked and weed-infested parking area, indicating deferred maintenance. The presence of window AC units suggests a lack of central cooling, and without interior photos, it's highly probable that kitchens, bathrooms, and other systems are outdated and in need of major renovation to meet current standards.
Pros & Cons

Pros

Income-Generating Triplex: The property is a triplex, offering immediate income potential and diversification for investors through multiple rental units.
Portfolio Sale Opportunity: Available as part of a larger portfolio, this property presents a strategic acquisition opportunity for investors seeking to expand their holdings efficiently.
Recent Price Improvement: The explicit mention of 'Price Improvement!' indicates a recent price reduction, making the property more attractive and potentially signaling a motivated seller.
Dedicated Off-Street Parking: The inclusion of off-street parking is a valuable amenity for tenants in a multi-unit property, enhancing convenience and overall appeal.
Established Construction: Built in 1965 with wood framing and stucco exterior, the property features a robust and time-tested construction type, suggesting durability.

Cons

Age of Property & Required Updates: Constructed in 1965, the property may necessitate significant capital expenditure for system upgrades (e.g., plumbing, electrical) and cosmetic renovations to meet modern standards and tenant expectations.
Absence of Cooling System: The description only mentions natural gas heating, implying a lack of a dedicated cooling system, which could be a significant drawback for tenants in warmer climates and impact rental desirability.
Listing Data Inconsistencies: Critical listing dates, such as the 'on_market_date' and 'price_change_date', are listed in the future (2025), indicating a potential data error or pre-listing status that requires immediate clarification for potential buyers.
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