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2150 Michael Avenue, Stockton, CA 95206, Stockton, 95206 - 5 bed, 2 bath

2150 Michael Avenue, Stockton, CA 95206 home-pic-0
ACTIVE$459,900$1,390/sqft
Est. Value: $383,745
-16%
AboveEstimate
2150 Michael Avenue, Stockton, CA 95206
5Beds
2Baths
1,390Sqft
9,400Lot

Price Vs. Estimate

The estimated value ($383,744.7) is $76,155.3 (16%) lower than the list price ($459,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9400, living area = 1390.
Top Cons:
Property Age & Potential Updates: Built in 1951, the property is over 70 years old, which may necessitate future investments in system upgrades or general maintenance to meet modern standards.

Compared to the nearby listings

Price:$459.9K vs avg $405.0K (+$54,900)69%
Size:1,390 sqft vs avg 1,529 sqft43%
Price/sqft:$331 vs avg $24588%

More Insights

Built in 1951 (75 years old).
Condition: Built in 1951, this property is aged but appears to be maintained and functional. While the bottom unit shows some cosmetic updates like newer grey kitchen cabinets, laminate flooring, and a more modern refrigerator, the range and lighting are older. The top unit's kitchen and overall style are more dated with older cabinets and appliances. Both bathrooms are functional with updated vanities but are basic. The inconsistent cooling (only the top unit has AC) and general wear and tear indicate that while livable, the property shows signs of being outdated and would benefit from further updates to meet modern standards.
Year Built
1951
Close
-
List price
$460K
Original List price
-
Price/Sqft
$331
HOA
$0
Days on market
-
Sold On
-
MLS number
NDP2507549
Home ConditionFair
Features
Patio
View-

About this home

Dual Unit Dream! Live in One, Rent the Other! Welcome to 2150 Michael Avenue in Stockton, Californiaa rare and versatile opportunity featuring two fully separate units in one building. This unique setup makes it ideal for house hacking, multi-generational living, or as a smart investment property. Each unit has its own private entrance, kitchen, bathroom, parking and back yard, providing maximum flexibility and privacy. Whether you're a first-time buyer looking to offset your mortgage with rental income, an investor seeking a high-demand rental property, or a family needing separate living quarters, this property checks all the boxes. The layout is functional and efficient, with comfortable interiors, ample natural light, and comfortable living areas. Outside, youll find a private yard for each unit and plenty of parking. Each unit has its own gas, water, and electric meter. The bottom unit features 3 bedrooms, 1 bathroom, dining room, laminate flooring and private back yard and garage. The top unit has 2 bedrooms, 1 bathroom, AC, and a large back yard. Located in a quite neighborhood with easy access to schools, shopping, and major freeways, 2150 Michael Avenue offers both convenience and opportunity. This is your chance to own a property that not only provides a place to live, but also helps build long-term financial freedom.

E
Efrain Chacon
Listing Agent

Price History

Date
Event
Price
05/03/22
Sold
$400,000
09/30/09
Sold
$55,000
Condition Rating
Fair
Built in 1951, this property is aged but appears to be maintained and functional. While the bottom unit shows some cosmetic updates like newer grey kitchen cabinets, laminate flooring, and a more modern refrigerator, the range and lighting are older. The top unit's kitchen and overall style are more dated with older cabinets and appliances. Both bathrooms are functional with updated vanities but are basic. The inconsistent cooling (only the top unit has AC) and general wear and tear indicate that while livable, the property shows signs of being outdated and would benefit from further updates to meet modern standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9400, living area = 1390.
Dual-Unit Income & Flexibility: The property offers two fully separate units, providing exceptional opportunities for house hacking, multi-generational living, or significant rental income to offset mortgage costs.
Independent Unit Amenities: Each unit features its own private entrance, kitchen, bathroom, parking, and dedicated backyard, ensuring maximum privacy and self-sufficiency for occupants.
Separate Utility Metering: Individual gas, water, and electric meters for each unit simplify expense management and enhance the property's appeal as an investment.
Ample Outdoor Space & Parking: A generous 9400 sqft lot accommodates private yards for both units and abundant parking, including a dedicated garage for the lower unit.
Strategic Location & Accessibility: Located in a quiet neighborhood with convenient access to schools, shopping, and major freeways, offering both tranquility and urban connectivity.

Cons

Property Age & Potential Updates: Built in 1951, the property is over 70 years old, which may necessitate future investments in system upgrades or general maintenance to meet modern standards.
Inconsistent Cooling System: Only the top unit is explicitly equipped with air conditioning, indicating the bottom unit likely lacks a cooling system, which could be a comfort concern during warmer months.
Compact Unit Sizes: With a total of 1390 sqft divided into two units (3-bed/1-bath and 2-bed/1-bath), the individual living spaces may be considered compact for their respective bedroom counts.
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