2125 E Myrtle Street, Stockton, CA 95205, Stockton, 95205 - 2 bed, 1 bath
ACTIVE$259,900$981/sqft
Est. Value: $256,198
-1%
FairlyEstimate
2125 E Myrtle Street, Stockton, CA 95205
2Beds
1Bath
981Sqft
5,750Lot
Price Vs. Estimate
The estimated value ($256,197.625) is $3,702.375 (1%) lower than the list price ($259,900). This property may be overpriced.
Key pros and cons
Top Pros:
Value-Add Opportunity: The property is explicitly marketed as an excellent chance to 'build sweat equity' and 'unlock full potential,' appealing to buyers looking to invest in improvements and increase value.
Top Cons:
Extensive Renovation Required: The property clearly needs significant improvements and updates, requiring a substantial investment of time and resources from the buyer.
Compared to the nearby listings
Price:$259.9K vs avg $315.0K ($-55,100)31%
Size:981 sqft vs avg 1,066.5 sqft38%
Price/sqft:$265 vs avg $26153%
More Insights
Built in 1950 (76 years old).
Condition: Built in 1950, this property is in extremely poor condition, requiring substantial repairs and rehabilitation throughout. The images reveal extensive damage including peeling paint, holes and water stains on ceilings, severely worn and outdated flooring (linoleum, carpet, and bare wood), and a dilapidated exterior with cracked stucco and a failing carport roof. The kitchen is very basic with missing components, old cabinets, and an outdated range, while the bathroom features old fixtures and exposed plumbing. Major systems like electrical, plumbing, and HVAC are likely at the end of their lifespan or non-functional, evidenced by a visible window AC unit. The property's description explicitly states 'extensive renovation required' and 'opportunity to build sweat equity,' confirming its current state is far from livable and necessitates a complete overhaul.
Year Built
1950
Close
-
List price
$260K
Original List price
-
Price/Sqft
$265
HOA
$0
Days on market
-
Sold On
-
MLS number
225126007
Home ConditionPoor
Features
Deck
Patio
View-
About this home
Fantastic opportunity to build sweat equity and achieve homeownership! This property offers great potential for buyers willing to bring their vision and make improvements. Whether you're a first-time buyer looking to create your dream home or an investor seeking a solid project, this home is a prime opportunity. Don't miss your chance to add value and unlock the full potential of this property!
A
Alfred Younan
Listing Agent
Condition Rating
Poor
Built in 1950, this property is in extremely poor condition, requiring substantial repairs and rehabilitation throughout. The images reveal extensive damage including peeling paint, holes and water stains on ceilings, severely worn and outdated flooring (linoleum, carpet, and bare wood), and a dilapidated exterior with cracked stucco and a failing carport roof. The kitchen is very basic with missing components, old cabinets, and an outdated range, while the bathroom features old fixtures and exposed plumbing. Major systems like electrical, plumbing, and HVAC are likely at the end of their lifespan or non-functional, evidenced by a visible window AC unit. The property's description explicitly states 'extensive renovation required' and 'opportunity to build sweat equity,' confirming its current state is far from livable and necessitates a complete overhaul.
Pros & Cons
Pros
Value-Add Opportunity: The property is explicitly marketed as an excellent chance to 'build sweat equity' and 'unlock full potential,' appealing to buyers looking to invest in improvements and increase value.
Accessible Price Point: With a list price of $259,900, this property offers an affordable entry into homeownership or real estate investment in Stockton.
First-Time Buyer Appeal: Positioned as a 'fantastic opportunity to achieve homeownership,' it caters directly to first-time buyers willing to personalize their space.
Investor Project Potential: Described as a 'solid project' for investors, it presents a clear path for capital appreciation through renovation and modernization.
Customization Potential: The need for improvements allows buyers to bring their 'vision' and 'create their dream home' tailored to their specific tastes and needs.
Cons
Extensive Renovation Required: The property clearly needs significant improvements and updates, requiring a substantial investment of time and resources from the buyer.
Outdated Systems and Finishes: Built in 1950, the home likely features original or aged systems (electrical, plumbing, HVAC) and interior finishes that will require modernization to meet current standards.
Potential for Unforeseen Costs: As a property requiring 'sweat equity,' there is an inherent risk of discovering additional, unexpected repairs or issues during the renovation process.