3303 N. Franklin Ave, Stockton, CA 95204, Stockton, 95204 - 0 bed, 0 bath
Loading property details...
Stockton, CA 95204
This 6-unit complex represents a Strong Value Opportunity, listed at $998,000—positioned well below the $997,434 Fair Market Value (priced at market stability). Featuring a Condition Rating of 4, the property offers a 2019 roof and a desirable unit mix of 3-bedroom, 1.5-bath townhomes. While the interior requires cosmetic modernization, the location near UOP and Delta College ensures consistent rental demand. This is a stable, income-generating asset ideal for Buy-and-Hold Investors or Value-Add Investors seeking to optimize long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3303 N. Franklin Ave Subject | $998,000* List Price | 0 | 0 | 5,346 | $187 | - |
A 3353 Telegraph Avenue Active | $875,000 List Price | 8 | 8 | 4,696 | $186 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966 with a 2019 roof replacement. While functional and well-maintained for its age, the property features dated kitchens with laminate countertops and older cabinetry. The use of wall-mounted AC units indicates older climate systems, and the interior finishes require cosmetic modernization to meet current market standards.
The complex consists entirely of 3-bedroom, 1.5-bath townhome-style units, which are highly sought after by families and student groups, offering a competitive edge over standard apartments.
Located near the University of the Pacific (UOP) and Delta College with easy I-5 access, the property benefits from a consistent tenant pool and a strong Gross Rent Multiplier (GRM) of 10.
As the only multi-family dwelling in the immediate neighborhood and featuring a newer roof installed in 2019, the property offers unique scarcity value and reduced immediate capital expenditure.
The assigned public schools carry low ratings (ranging from 2 to 5), which may limit the property's appeal to long-term family tenants despite the large unit sizes.
Built in 1966, the property may require ongoing maintenance or future upgrades to original systems such as plumbing and electrical to remain competitive with newer developments.
6 Unit Complex Located in the Country Club / Pacific Area. Walk to local stores, UOP, Delta College. Bus Lines. Easy acces to I-5. New roof installed 2019. This is the only multi Family dwelling in the immediate neighborhood. Each unit is Townhome style featuring 3 bedrooms and 1.5 baths. Gross Annual Rents equal GRM of 10.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades K-8 • 0.7 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 5,346 | - |
| Lot Size | 9,048 | - |
| Price | $998.0K | $508.8K |
| Price per sq ft | $187 | $251 |
| Built year | 1966 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 54 |
Jul 20, 2026
$998,000
Initial Listing
Aug 24, 2018
$900,000
Public Record
Dec 30, 2013
$410,000
Public Record
Oct 28, 2005
$650,000
Public Record
May 1, 2002
$370,000
Public Record
Mar 13, 2001
$42,181
Public Record