
Stockton, CA 95204
This Prime Investment Opportunity is a well-maintained Quadruplex listed at $850,000, positioned well below the $872,958 Fair Market Value by 2%. This valuation gap offers $22,958 in Instant Equity. Featuring central HVAC, in-unit laundry, and private garages, the property maintains a Fair Condition Rating with significant long-term rental appeal. Located near the University of the Pacific, this asset provides stable demand for Buy-and-Hold Investors and portfolio-expanding landlords seeking a reliable, income-producing residential asset.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property falls into the 'Fair' category as it is over 20 years old. While the description highlights 'pride of ownership' and functional systems like central HVAC and in-unit laundry, the age suggests the kitchens and bathrooms are likely dated and will eventually require modernization to remain competitive.
Held by the same family since its construction in 1981, this well-maintained property demonstrates a high level of care and structural integrity that is rare for multi-family investments.
Each of the four units is equipped with high-demand features including central heating and air, in-unit laundry, and a private one-car garage, significantly enhancing rental appeal and tenant retention.
Situated in an established neighborhood surrounded by single-family homes near the University of the Pacific and I-5, the property offers a stable environment with consistent rental demand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3556, other record living area = 3480.
Built in 1981, the units may require cosmetic updates or interior renovations to compete with newer luxury developments and achieve top-of-market rental rates.
The property consists exclusively of 2-bedroom, 1-bathroom layouts, which limits the ability to attract a diverse tenant base such as larger families or those seeking smaller, more affordable studios.
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 | 8.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,556 | - |
| Lot Size | 14,749 | - |
| Price | $850.0K | $508.8K |
| Price per sq ft | $239 | $251 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 54 |
Jun 25, 2026
$850,000
Initial Listing