3512 Wallace Ave, Stockton, CA 95204, Stockton, 95204 - 3 bed, 2 bath
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3512 Wallace Ave
Stockton, CA 95204
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,214Sq Ft
6,630Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$392,603
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $399,000—positioned slightly above the $392,603 Fair Market Value. While the price reflects current market stability, the property offers significant utility through its converted garage studio, providing a turnkey solution for rental income or multi-generational living. With a Condition Rating of 3, the home features a Granite Kitchen, newer HVAC, and a newer roof. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a property with built-in income potential.
Estimated Market Value
$392,603
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 Ave Subject 3 bd · 2 ba · 1,214 sqft · $323 | $399,000* List Price | 3 | 2 | 1,214 | $323 | - |
A 2868 De Ovan Avenue Sold 3 bd · 1 ba · 1,172 sqft · $267 · 0.3 mi | $313,000 | 3 | 1 | 1,172 | $267 | 0.3 mi |
B 3070 Del Rio Drive Sold 3 bd · 2 ba · 1,468 sqft · $296 · 0.2 mi | $435,000 | 3 | 2 | 1,468 | $296 | 0.2 mi |
C 2077 W Sonoma Avenue Sold 3 bd · 1 ba · 1,434 sqft · $255 · 0.9 mi | $365,000 | 3 | 1 | 1,434 | $255 | 0.9 mi |
D 2439 W De Ovan Avenue Sold 2 bd · 2 ba · 1,161 sqft · $349 · 0.6 mi | $405,000 | 2 | 2 | 1,161 | $349 | 0.6 mi |
E 3032 Elmwood Avenue Sold 3 bd · 1 ba · 1,047 sqft · $343 · 0.6 mi | $359,000 | 3 | 1 | 1,047 | $343 | 0.6 mi |
F 3039 Michigan Avenue Sold 3 bd · 1 ba · 1,617 sqft · $269 · 0.4 mi | $435,000 | 3 | 1 | 1,617 | $269 | 0.4 mi |
G 2133 Fullerton Avenue Sold 2 bd · 2 ba · 1,032 sqft · $348 · 0.8 mi | $359,000 | 2 | 2 | 1,032 | $348 | 0.8 mi |
H 2555 W Sonoma Avenue Pending 3 bd · 2 ba · 1,312 sqft · $304 · 0.6 mi | $399,000 List Price | 3 | 2 | 1,312 | $304 | 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.
Although built in 1951, the property features significant recent updates including a newer roof, newer central HVAC, an updated electrical panel, and dual-pane windows. The kitchen has been updated with granite countertops, and the interior features well-maintained original hardwood floors, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The converted garage studio with a separate entrance provides a turnkey opportunity for rental income, a private home office, or multi-generational living.
- Major System Upgrades
Significant capital improvements including a newer roof, central HVAC, dual-pane windows, and an updated electrical panel offer long-term value and reduced maintenance costs.
- Modernized Kitchen
The kitchen features high-end granite countertops and a built-in dishwasher, providing a contemporary workspace that complements the home's original hardwood flooring.
CONSRISKS & DEFICIENCIES
- School District Ratings
The local assigned schools have relatively low ratings, with some as low as 2/10, which may impact appeal for families prioritizing education.
- Market Momentum
The property has undergone a recent price reduction and has been on the market for over 30 days, suggesting initial pricing challenges or softer demand in the immediate area.
About 3512 Wallace Ave
Possible rental income. 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 | 1,580.795 |
| Lot Size | 6,630 | 6,358.036 |
| Price | $399.0K | $449.6K |
| Price per sq ft | $329 | $283 |
| Built year | 1951 | 1978 |
| HOA | $0 | $274 |
| Days on market | 64 | 58 |
Pricing History
Listed for Sale
Sep 17, 2026
$399,000
$415,000
-4% Price Drop
Initial Listing
Price Change
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