407 W. 7th St., Stockton, CA 95206, Stockton, 95206 - 5 bed, 3 bath

407 W. 7th St., Stockton, CA 95206 home-pic-0
ACTIVE$363,000$2,175/sqft
Est. Value: $248,264
-31%
AboveEstimate
407 W. 7th St., Stockton, CA 95206
5Beds
3Baths
2,175Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($248,264.15) is $114,735.85 (31%) lower than the list price ($363,000). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Unit Configuration: The property features a multi-unit setup (3 bed/2 bath front, 2 bed/1 bath rear with separate entrance), offering significant potential for rental income, multi-generational living, or house hacking.
Top Cons:
As-Is Sale Condition: The property is explicitly sold 'AS IS,' with the seller unwilling to perform repairs, indicating potential for deferred maintenance and requiring significant buyer investment.

Compared to the nearby listings

Price:$363.0K vs avg $399.0K ($-36,000)40%
Size:2,175 sqft vs avg 1,557 sqft82%
Price/sqft:$167 vs avg $24424%

More Insights

Built in 1945 (81 years old).
Condition: Built in 1945, this property is explicitly listed as needing 'work, TLC' and is being sold 'AS IS' with no seller repairs. The images reveal significant wear and tear throughout, including dated kitchens with old appliances and basic cabinets, and bathrooms with worn fiberglass inserts and older fixtures. The presence of window AC units, a wall heater, and a swamp cooler indicates outdated HVAC systems. While some cosmetic updates like engineered wood flooring and granite countertops are present, their style and condition suggest they are not recent, and the overall property requires substantial rehabilitation to address deferred maintenance and bring it to a comfortable, modern living standard.
Year Built
1945
Close
-
List price
$363K
Original List price
-
Price/Sqft
$167
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82024132
Home ConditionPoor
Features
View-

About this home

Huge, beautiful and Multi family home, 3 bed rooms and 2 bath rooms at the front home, and 2 bed rooms and 1 bath room at the back and it has separate front door at the back, on the right side. Make sure you can show both units. Good for investors or first time home buyers. Good location and accessible to stores, restaurant and free ways for future new owners. Engineered wood floor in front and laminated wood at the back. Granite counter tops. Tiles in the bath rooms floor. Needs work , TLC , This is an "AS IS" Sale. Seller will not do repairs.

V
Vitalina Saballo
Listing Agent

Price History

Date
Event
Price
01/31/13
Sold
$65,000
02/16/06
Sold
$250,000
Condition Rating
Poor

Built in 1945, this property is explicitly listed as needing 'work, TLC' and is being sold 'AS IS' with no seller repairs. The images reveal significant wear and tear throughout, including dated kitchens with old appliances and basic cabinets, and bathrooms with worn fiberglass inserts and older fixtures. The presence of window AC units, a wall heater, and a swamp cooler indicates outdated HVAC systems. While some cosmetic updates like engineered wood flooring and granite countertops are present, their style and condition suggest they are not recent, and the overall property requires substantial rehabilitation to address deferred maintenance and bring it to a comfortable, modern living standard.
Pros & Cons

Pros

Multi-Unit Configuration: The property features a multi-unit setup (3 bed/2 bath front, 2 bed/1 bath rear with separate entrance), offering significant potential for rental income, multi-generational living, or house hacking.
Strategic Location: Positioned in a 'Good location' with excellent accessibility to local stores, restaurants, and major freeways, enhancing convenience for residents.
Investor & First-Time Buyer Appeal: Explicitly marketed as suitable for both investors seeking income potential and first-time homebuyers looking for value and space.
Interior Finish Upgrades: Features desirable modern finishes such as engineered wood flooring, laminated wood flooring, granite countertops, and tiled bathroom floors, adding aesthetic and functional value.
Generous Living Space: With a total of 5 bedrooms and 3 bathrooms spread across 2175 sqft, the property offers substantial living area, accommodating larger families or multiple tenants comfortably.

Cons

As-Is Sale Condition: The property is explicitly sold 'AS IS,' with the seller unwilling to perform repairs, indicating potential for deferred maintenance and requiring significant buyer investment.
Requires Significant Work/TLC: The description notes the property 'Needs work, TLC,' suggesting that buyers should anticipate substantial renovation and repair efforts beyond cosmetic updates.
Age of Property & Potential System Updates: Built in 1945, the home's age implies that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or outdated, potentially requiring costly upgrades in the near future.
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