3428 Phelps Street, Stockton, CA 95206, Stockton, 95206 - 2 bed, 1 bath
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Stockton, CA 95206
This property presents a High-Potential Investment Opportunity with a List Price of $279,500—positioned well below the $242,783 Fair Market Value by -15%. While the property requires significant rehabilitation due to its Fair Condition Rating, the 7,501 sqft lot offers substantial upside for future expansion or ADU development. With no HOA fees and a competitive entry price, this asset is well-suited for Buy-and-Hold Investors or Contractors capable of managing deferred maintenance and tenant-occupied transitions to maximize long-term rental yield.
Property is extensive renovation needed.
Built in 1981 (45 years old) with no mentioned renovations, the property exceeds the 30-year threshold for original systems. The listing explicitly states it 'needs some TLC,' indicating deferred maintenance and a need for rehabilitation of the kitchen, bath, and likely aging HVAC/electrical systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7501, living area = 1016.
Priced under $300,000, this property offers an affordable entry point into the Stockton residential market, making it an attractive option for budget-conscious buyers or investors.
The 7,501 square foot lot provides significant outdoor space, offering potential for future expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
The property is noted to need 'TLC,' indicating deferred maintenance that will require immediate capital investment for repairs and modernization.
Current tenant occupancy requires 24-hour notice for showings and may complicate the timeline for owner-occupants seeking immediate possession.
Opportunity is knocking with this 2 bedroom 1 bath property, currently tenant occupied so showings are by appt only. This home needs some TLC but with the right touch could be special, act now before it's gone.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades K-8 • 1.0 mi
Grades K-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,016 | - |
| Lot Size | 7,501 | - |
| Price | $279.5K | $438.4K |
| Price per sq ft | $275 | $278 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 61 |
Jun 17, 2026
$279,500
Initial Listing
May 22, 2001
$57,000
Public Record