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3102 W Swain Road, Stockton, CA 95219, Stockton, 95219 - 4 bed, 2 bath

3102 W Swain Road, Stockton, CA 95219 home-pic-0
ACTIVE$560,000$909/sqft
3102 W Swain Road, Stockton, CA 95219
4Beds
2Baths
909Sqft
7,479Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: Offers immediate and flexible income potential with one unit occupied by a long-term tenant and the other vacant for market-rate leasing or owner-occupancy.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 8.

Compared to the nearby listings

Price:$560.0K vs avg $550.0K (+$10,000)50%
Size:909 sqft vs avg 924.5 sqft50%
Price/sqft:$616 vs avg $59550%

More Insights

Built in 1970 (56 years old).
Condition: Built in 1970, the property shows its age with largely original or very dated components in the kitchen and bathrooms. The kitchen features dated blue cabinets, older countertops, and appliances, while the bathroom has an older vanity, mirror, and light fixture. While the interior has fresh paint and decent carpet, suggesting regular upkeep, major systems and aesthetics are outdated and would require significant renovation to meet current standards. It is functional but clearly shows signs of being aged.
Year Built
1970
Close
-
List price
$560K
Original List price
-
Price/Sqft
$616
HOA
$660
Days on market
-
Sold On
-
MLS number
225128024
Home ConditionFair
Features
Patio
View-

About this home

Price reduced for a quick sale! Excellent Investment or Live In Opportunity in Lincoln Village West! Welcome to a well maintained duplex offering versatility and strong income potential. One unit is currently occupied by a great long term tenant, providing immediate, reliable cash flow, while the second unit is vacant, allowing flexibility for an investor to lease at current market rent or for an owner occupant to move in and enjoy income from the adjoining unit. Nestled in Lincoln Village West, one of Stockton's most desirable neighborhoods, this property is served by the top rated Lincoln Unified School District and offers easy access to shopping, dining, and recreation. Residents enjoy HOA amenities including well kept common areas, a clubhouse, and a community pool with lifeguards during the summer months. A rare opportunity to secure a dependable, income producing duplex in a prime location, perfect to live in, rent out, or add to your investment portfolio.

S
Sarah Bergen
Listing Agent

Price History

Date
Event
Price
06/21/13
Sold
$205,000
Condition Rating
Fair
Built in 1970, the property shows its age with largely original or very dated components in the kitchen and bathrooms. The kitchen features dated blue cabinets, older countertops, and appliances, while the bathroom has an older vanity, mirror, and light fixture. While the interior has fresh paint and decent carpet, suggesting regular upkeep, major systems and aesthetics are outdated and would require significant renovation to meet current standards. It is functional but clearly shows signs of being aged.
Pros & Cons

Pros

Income-Generating Duplex: Offers immediate and flexible income potential with one unit occupied by a long-term tenant and the other vacant for market-rate leasing or owner-occupancy.
Prime Location & Top Schools: Situated in Lincoln Village West, a desirable neighborhood with easy access to amenities and served by the top-rated Lincoln Unified School District.
Community Amenities: Access to HOA amenities including well-maintained common areas, a clubhouse, and a community pool with lifeguards, enhancing lifestyle and property appeal.
Well-Maintained Condition: Described as a 'well maintained duplex,' suggesting reduced immediate maintenance concerns for a new owner.
Recent Price Reduction: The property has seen a price reduction, indicating a motivated seller and potential for a more attractive entry point for buyers.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 8.
High HOA Fees: The association fee of $660 (presumably monthly) is substantial and will significantly impact the property's net operating income and overall affordability.
Compact Unit Sizes: With a total of 909 sqft for 4 beds and 2 baths, the individual units are likely quite small, potentially limiting tenant pool or rental income upside.
Property Age: Built in 1970, the property is over 50 years old, which may imply aging systems and components that could require future capital expenditures for updates or replacements.
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