
Stockton, CA 95203
Analysis of 2915 Pixie Drive, Stockton, CA 95203 is currently available with a list price of $520,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Stockton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1979 (46 years old) with no mention of recent renovations, placing it in the >30y category. Interior photos show dated finishes including popcorn ceilings and older tile flooring. While currently functional and occupied, the property likely requires a full cosmetic rehab and system inspections to address its age and achieve market-rate rents.
The inclusion of an adjacent vacant lot provides a unique opportunity for expansion, additional unit construction, or specialized storage/RV parking to increase the property's value.
Each unit features highly desirable private amenities, including an individual one-car garage and dedicated in-unit washer and dryer hookups, which support long-term tenant retention.
Current rents are significantly below market rates due to long-term tenancies, offering an investor substantial upside potential to increase cash flow and improve the capitalization rate.
The seller's firm requirement that the property will not be delivered vacant limits options for owner-occupant buyers and those wishing to perform immediate unit upgrades.
The current low rental income ($900-$960 per unit) may result in a lower initial return on investment and could impact debt coverage ratios for certain financing types.
Excellent price for this triplex with 2 beds each unit. All units are rented and month to month lease; Rents are low due the tenants to be there for a long time $960 / $900 / $900 ; Each unit has its own 1 car garage space and their own washer and dryer inside of each unit. Vacant lot next to the triplex on the left side is part of the property as well; Perfect for extra storage, RV parking or maybe build another units. ( must check with the city ) Seller will not accept offers where buyer ask for the property to be vacant before the closing ( NO exceptions ).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 67% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,450 | 800 | 67% |
| Lot Size | 7,560 | 5,502 | 67% |
| Price | $520.0K | $520.0K | 50% |
| Price per sq ft | $212 | $212 | 50% |
| Built year | 1979 | 1915 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 442 | 449 | 33% |
Apr 27, 2026
$520,000
Initial Listing
Jun 8, 2007
$322,000
Public Record
Oct 5, 2001
$135,000
Public Record