
Stockton, CA 95204
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $775,000—positioned well below the $818,650 Fair Market Value by 5%. This valuation gap offers $43,650 in Instant Equity. With a Fair Condition Rating and a history of meticulous family ownership, the property features central HVAC, in-unit laundry, and private garages. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing property in a prime, walkable Stockton neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3551 De Ovan Ave Subject 0 bd · 0 ba · 3,480 sqft · $235 | $775,000* List Price | 0 | 0 | 3,480 | $235 | - |
A 3621 DE OVAN AVENUE Active 0 bd · 0 ba · 2,722 sqft · $265 · 0.0 mi | $720,000 List Price | 0 | 0 | 2,722 | $265 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property falls into the 'Fair' category as it is older than 20 years. While the description highlights 'pride of ownership' and functional systems like central HVAC and in-unit laundry, the lack of interior photos or mention of recent major renovations suggests the kitchens and bathrooms are likely dated and will eventually require modern updates.
Held by the same family since 1981, the property demonstrates significant pride of ownership and meticulous upkeep, reducing immediate deferred maintenance concerns for a new investor.
Each unit is equipped with essential modern conveniences including central heating and air, in-unit laundry, and a private one-car garage, ensuring strong rental appeal and long-term tenant retention.
Situated in a desirable neighborhood surrounded by single-family homes near the University of the Pacific and I-5, the property offers a premium residential feel with excellent accessibility to amenities.
The uniform 2-bedroom, 1-bathroom layout across all four units lacks the diversity needed to attract different tenant profiles, such as larger families or those requiring a second bathroom.
While well-maintained, the 1981 construction means major systems and structural components are over 40 years old, which may necessitate future capital expenditures for modernization and repairs.
RARE opportunity to own a well-maintained, income producing fourplex in one of Stockton's established and desirable residential neighborhoods. 3551 De Ovan Avenue stands out among residential income properties as one of the newer multifamily options in the area, offering a strong combination of location, condition, and long-term investment appeal. Proudly owned by the same family since 1981, this property reflects decades of pride of ownership and exceptional care. The property features four spacious units, each offering 2 bedrooms, 1 bathroom, approximately 889 square feet, a private 1-car garage, central heat and air and the convenience of in-unit laundry. This well-maintained property shows clear pride of ownership throughout and is surrounded by single-family homes, creating a comfortable neighborhood setting that is not always easy to find with income-producing properties. Conveniently located near I-5, University of the Pacific, shopping, dining, schools, and everyday amenities, the property offers excellent accessibility while still being tucked into an established, walkable neighborhood. Whether you are an investor looking to expand your portfolio or seeking a quality residential income property in a prime Stockton location, this Quadruplex presents a standout opportunity with strong rental appeal and future upside potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 2.5 |
| Square foot | 3,480 | 1,942.25 |
| Lot Size | 14,749 | 6,807.625 |
| Price | $775.0K | $437.6K |
| Price per sq ft | $223 | $230 |
| Built year | 1981 | 1962 |
| HOA | $0 | $112 |
| Days on market | 18 | 67 |
Oct 7, 2026
$775,000
Initial Listing