2939 Monte Diablo Avenue 1, Stockton, CA 95203, Stockton, 95203 - 2 bed, 1 bath
ACTIVE$149,999$795/sqft
2939 Monte Diablo Avenue 1, Stockton, CA 95203
2Beds
1Bath
795Sqft
797Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Rental Income: The property is currently tenant-occupied, generating $1590.00 per month in rent, providing immediate cash flow for investors.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =797, other record lot size in square feet = 7670.
Compared to the nearby listings
Price:$150.0K vs avg $130.0K (+$19,999)86%
Size:795 sqft vs avg 840 sqft43%
Price/sqft:$189 vs avg $15186%
More Insights
Built in 1970 (56 years old).
Condition: Built in 1970, this property is aged but appears to be maintained and functional, as it is currently tenant-occupied. However, the kitchen features very dated white cabinets, an older electric range, and basic countertops, indicating no significant updates in decades. The bathroom also exhibits an outdated tile style, vanity, and light fixture. Popcorn ceilings are present throughout, and the tile flooring, while functional, is not modern. While central heat and air are present, the overall aesthetic and components show significant age and would require substantial cosmetic renovations to meet current standards.
Year Built
1970
Close
-
List price
$150K
Original List price
-
Price/Sqft
$189
HOA
$250
Days on market
-
Sold On
-
MLS number
225153896
Home ConditionFair
Features
View-
About this home
Currently tenant occupied at $1590.00 per month rent. Features 2bd 1 bath with central heat and air.
S
Stephanie Mendez
Listing Agent
Nearby schools
5/10
Commodore Stockton Skills School
Public,•K-8•0.7mi
2/10
Hoover Elementary School
Public,•K-8•0.8mi
4/10
Tyler Skills Elementary School
Public,•K-8•1.5mi
2/10
Stagg Senior High School
Public,•5-12•2.0mi
Condition Rating
Fair
Built in 1970, this property is aged but appears to be maintained and functional, as it is currently tenant-occupied. However, the kitchen features very dated white cabinets, an older electric range, and basic countertops, indicating no significant updates in decades. The bathroom also exhibits an outdated tile style, vanity, and light fixture. Popcorn ceilings are present throughout, and the tile flooring, while functional, is not modern. While central heat and air are present, the overall aesthetic and components show significant age and would require substantial cosmetic renovations to meet current standards.
Pros & Cons
Pros
Immediate Rental Income: The property is currently tenant-occupied, generating $1590.00 per month in rent, providing immediate cash flow for investors.
Affordable Price Point: Listed at $149,999, this condominium offers an attractive and accessible price point for first-time homebuyers or investors.
Central Climate Control: Equipped with central heat and air, ensuring comfortable living conditions year-round for residents.
Low Maintenance Lifestyle: As a condominium, it typically offers a lower-maintenance lifestyle compared to single-family homes, appealing to busy individuals or those seeking convenience.
Proximity to Highly-Rated School: Located less than a mile from Commodore Stockton Skills School, which boasts a 5-star rating, making it appealing for families.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =797, other record lot size in square feet = 7670.
Significant Association Fee: A monthly association fee of $250 can impact the overall affordability for buyers and reduce net rental income for investors.
Older Property Age: Built in 1970, the property is over 50 years old, which may suggest a need for updates to systems, appliances, or finishes to meet modern standards.
Compact Living Space: With 795 square feet, the unit offers limited living space, which might be a drawback for buyers seeking more expansive accommodations.