3512 Wallace Avenue, Stockton, CA 95204, Stockton, 95204 - 3 bed, 2 bath
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3512 Wallace Avenue
Stockton, CA 95204
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,214Sq Ft
6,630Lot Size
Property Price
LIST PRICE$415,000
EST. MARKET VALUE
$403,409
SUMMARY
This property represents a Strong Value Opportunity, listed at $415,000—positioned slightly above the $403,410 Fair Market Value. Despite the premium, the home offers a unique garage-converted studio apartment, providing immediate rental income potential. With a Condition Rating of 3, the home features a newer roof, HVAC, and granite kitchen. While local school ratings are modest, the property’s infrastructure upgrades and versatile layout make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy to offset mortgage costs.
Estimated Market Value
$403,409
Based on Realkey algorithm analyzing recent comparable sales in Stockton.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3512 Wallace Avenue Subject | $415,000* List Price | 3 | 2 | 1,214 | $332 | - |
A 2868 De Ovan Avenue Sold | $313,000 | 3 | 1 | 1,172 | $267 | 0.3 mi |
B 3070 Del Rio Drive Sold | $435,000 | 3 | 2 | 1,468 | $296 | 0.2 mi |
C 2077 W Sonoma Avenue Sold | $365,000 | 3 | 1 | 1,434 | $255 | 0.9 mi |
D 2439 W De Ovan Avenue Sold | $405,000 | 2 | 2 | 1,161 | $349 | 0.6 mi |
E 3032 Elmwood Avenue Sold | $359,000 | 3 | 1 | 1,047 | $343 | 0.6 mi |
F 2133 Fullerton Avenue Sold | $359,000 | 2 | 2 | 1,032 | $348 | 0.8 mi |
G 2555 W Sonoma Avenue Active | $445,000 List Price | 3 | 2 | 1,312 | $339 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1951, the property has undergone significant updates to major systems including a newer roof, HVAC, electrical panel, and dual-pane windows. The kitchen features granite countertops and the interior shows well-maintained original hardwood floors, making it move-in ready and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The garage has been converted into a studio apartment with a separate entrance, providing a turnkey opportunity for rental income or multi-generational living.
- Modern Infrastructure Upgrades
The property features significant recent improvements, including a newer roof, central HVAC system, dual-pane windows, and an updated electrical panel, minimizing immediate capital expenditures.
- Interior Finishes
The home balances classic charm with modern utility, featuring original hardwood floors alongside an updated kitchen with granite countertops and a large open living area with a brick fireplace.
CONSRISKS & DEFICIENCIES
- Lack of Covered Parking
Due to the garage conversion into living space, the property lacks traditional enclosed parking, which may be a drawback for buyers requiring secure vehicle storage.
- Low School Ratings
The assigned public schools, including the local high school and some elementary options, have low performance ratings, which could impact long-term resale value for families.
About 3512 Wallace Avenue
Fantastic opportunity! This three-bedroom, two bath home includes a garage converted into a studio apartment with a separate entrance perfect for rental income, workspace, or multi‑generational living. Large open living room with brick fireplace. Original hardwood floors. Large backyard. The home features 1,241 sq. ft., newer central heat and air, newer roof, dual pane windows, updated electrical panel, and auto sprinklers. The open kitchen offers granite countertops, filtered water at the sink, and a built‑in dishwasher. A solid, well‑improved property with excellent potential for both homeowners and investors. Close to schools, shopping and easy I-5 access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,630 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Stockton Unified Schools
Hoover Elementary School
Grades K-8 • 0.4 mi
2/10
Commodore Stockton Skills School
Grades K-8 • 0.4 mi
5/10
Tyler Skills Elementary School
Grades K-8 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,214 | 1,597.396 |
| Lot Size | 6,630 | 6,405.68 |
| Price | $415.0K | $451.4K |
| Price per sq ft | $342 | $281 |
| Built year | 1951 | 1978 |
| HOA | $0 | $270 |
| Days on market | 18 | 56 |
Pricing History
Listed for Sale
Aug 22, 2026
$415,000
Initial Listing
Sold
May 21, 2009
$75,000
Public Record
Sold
Jan 31, 2003
$132,000
Public Record
Sold
Jan 13, 2000
$107,000
Public Record