3512 Wallace Avenue, Stockton, CA 95204, Stockton, 95204 - 3 bed, 2 bath
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Stockton, CA 95204
This Strong Value Opportunity is a 3-bedroom, 2-bathroom Single Family Residence listed at $425,000, positioned well below the $447,624 Fair Market Value by 5%. This valuation gap provides $22,624 in Instant Equity. With a Condition Rating of 3, the home is move-in ready while offering potential for modernization. Located near multiple K-8 schools, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Stockton market with no HOA fees.
Property is move-in ready.
Despite being built in 1951, the property is well-maintained and move-in ready. The original hardwood floors appear to be in good condition, and the kitchen has received partial updates including solid-surface countertops. While the kitchen flooring is dated and the bathroom fixtures are mid-range, the overall cleanliness and functional state suggest a renovation/maintenance cycle within the 5-15 year range, making it a solid functional home.
Priced competitively at $425,000 for a 3-bedroom, 2-bathroom residence, this property represents an accessible opportunity for first-time homebuyers or investors looking to enter the Stockton market.
The home is situated within walking distance of multiple K-8 institutions, including Commodore Stockton Skills School, providing convenient access for families with school-aged children.
The absence of a homeowners association ensures lower monthly carrying costs and provides the owner with greater autonomy over property improvements and maintenance.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1214, other record lot size in square feet = 6630.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1214, living area = 1214.
Constructed in 1951, the property may require significant capital investment to modernize essential systems such as electrical, plumbing, and insulation to meet current efficiency standards.
Exceptional opportunity in Stockton. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades K-8 • 0.4 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,214 | 1,295 | 45% |
| Lot Size | 1,214 | 5,775 | 3% |
| Price | $425.0K | $392.5K | 65% |
| Price per sq ft | $350 | $286 | 74% |
| Built year | 1951 | 1950 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 191 | 3% |
Jun 3, 2026
$425,000
Initial Listing
May 21, 2009
$75,000
Public Record
Jan 31, 2003
$132,000
Public Record
Jan 13, 2000
$107,000
Public Record