2902 Waterloo Rd, Stockton, CA 95205, Stockton, 95205 - 2 bed, 3 bath
Price Vs. Estimate
The estimated value ($247,609.09) is $52,390.91 (17%) lower than the list price ($300,000). This property may be overpriced.
Key pros and cons
Top Pros:
Dual Income Potential: The property offers diversified revenue streams from both an operational commercial bar and a separate residential unit, providing excellent income-producing possibilities.
Top Cons:
Residential Unit Requires Extensive Renovation: The attached single-family home is explicitly a 'fixer,' meaning it will require significant capital investment, time, and effort for renovation before it can be rented or occupied.
Compared to the nearby listings
Price:$300.0K vs avg $315.0K ($-15,000)45%
Size:800 sqft vs avg 1,066.5 sqft18%
Price/sqft:$375 vs avg $26187%
More Insights
Condition: The MLS description explicitly states the single-family home is a 'fixer.' Images confirm this, showing a residential unit in a state of significant disrepair. The kitchen is largely gutted with missing cabinet doors, no visible appliances, and a damaged ceiling. The bathroom is unfinished with exposed plumbing, damaged walls, and old fixtures. Flooring is heavily worn hardwood, and walls are dirty and damaged. The property requires substantial repairs and rehabilitation to be livable, aligning with the 'poor' condition criteria.
Year Built
Close
-
List price
$300K
Original List price
-
Price/Sqft
$375
HOA
$0
Days on market
-
Sold On
-
MLS number
225120836
Home ConditionPoor
Features
View-
About this home
Excellent investment opportunity! This unique property features the historic Hi Lo Club bar with a valid California Type 42 On-Sale Beer & Wine license, plus an attached single-family home. The bar is in good condition and ready to operate ideal for a lounge, wine bar, or tasting room. The home is a fixer, offering great rental or owner-user potential once renovated. With the combination of a licensed bar and a separate dwelling, this property provides the perfect setup for both business and income-producing possibilities.
M
Mitchell Hernandez
Listing Agent
Price History
Date
Event
Price
03/25/98
Sold
$28,000
03/18/02
Sold
$18,000
Condition Rating
Poor
The MLS description explicitly states the single-family home is a 'fixer.' Images confirm this, showing a residential unit in a state of significant disrepair. The kitchen is largely gutted with missing cabinet doors, no visible appliances, and a damaged ceiling. The bathroom is unfinished with exposed plumbing, damaged walls, and old fixtures. Flooring is heavily worn hardwood, and walls are dirty and damaged. The property requires substantial repairs and rehabilitation to be livable, aligning with the 'poor' condition criteria.
Pros & Cons