
Stockton, CA 95204
Analysis of 405 E Cleveland, Stockton, CA 95204 is currently available with a list price of $349,500. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Stockton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
This property requires substantial repairs and rehabilitation. The images reveal significant deferred maintenance, including dirty and scuffed walls, outdated and poorly maintained kitchens (one with painted old cabinets and missing doors, the other with original, dated wood cabinets and tile countertops), and bathrooms with visible wear, damaged flooring, and messy paint. The presence of window AC units suggests a lack of central cooling. While the flooring appears to be a newer laminate/vinyl plank, the overall condition of the interior, combined with the cluttered state and unkempt exterior, indicates a property that needs extensive renovation to be brought up to modern standards and realize its 'upside potential' as mentioned in the description.
The property is explicitly noted to have 'Great upside potential,' indicating substantial room for value appreciation and increased profitability for an investor.
Current rents are 'below market,' presenting an immediate opportunity for a new owner to increase rental income and improve the property's cash flow and return on investment.
As a duplex, the property offers two separate rental units, providing diversified income streams and potentially higher returns compared to single-family residential properties.
To realize the 'upside potential' and achieve market rents, the property likely requires additional capital expenditure for renovations, upgrades, or deferred maintenance.
The 'below market rents' indicate the property is not currently generating its maximum possible income, which translates to a lower initial capitalization rate for a buyer.
The brief description lacks specific details regarding the current condition of the units, recent updates, or individual unit configurations, which could lead to unforeseen costs or challenges.
Great upside potential for these units located just off California near St. Joseph's. Rents are below market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,400 | 1,561 | 50% |
| Lot Size | 5,994 | 6,044 | 50% |
| Price | $349.5K | $475.0K | 33% |
| Price per sq ft | $250 | $245 | 67% |
| Built year | 0 | 1951 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 153 | 33% |
Jan 22, 2026
$349,500
Initial Listing