434 E Cleveland Street, Stockton, CA 95204, Stockton, 95204 - 2 bed, 2 bath
ACTIVE$425,000/sqft
434 E Cleveland Street, Stockton, CA 95204
2Beds
2Baths
Sqft
5,001Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Income/Occupancy Potential: Both 1-bedroom, 1-bath units will be vacant at closing, providing immediate flexibility for investors to set market rents or for an owner-occupant to move in without tenant displacement.
Top Cons:
Historic Property Age: Built in 1918, the property is over a century old, which may imply potential for aging infrastructure, deferred maintenance, or the need for significant system updates.
Compared to the nearby listings
Price:$425.0K vs avg $633.5K ($-208,500)50%
Size: sqft vs avg 2,000 sqft50%
Price/sqft:$0 vs avg $10550%
More Insights
Built in 1918 (108 years old).
Condition: Built in 1918, this duplex has undergone significant cosmetic renovations in both units, including new laminate flooring, fresh paint, updated kitchen cabinets, countertops, and tiled bathrooms. These updates make the interiors move-in ready. However, the property's age (over 100 years) means many underlying systems are likely original or older. The HVAC system is inconsistent, with one unit having central heat/air and the other relying on wall heaters and window AC units, indicating that not all major systems have been fully modernized. While the cosmetic updates are recent and well-executed, the overall age and partial system updates prevent it from reaching a 'Good' rating, aligning it more with 'Fair' where major components are functional but show signs of being outdated.
Year Built
1918
Close
-
List price
$425K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
225123302
Home ConditionFair
Features
Deck
Patio
View-
About this home
Charming Duplex with RV Access & Storage! Two 1 bed / 1 bath units, both vacant at closing. Features include RV access, basement storage, and central heat/air in the 2nd unit. Conveniently located near St. Joseph's Hospital, Starbucks, Miracle Mile shops & dining, and downtown Stockton. Perfect for investors or owner-occupants! Encantador Dplex con Acceso para RV y Almacenamiento! Dos unidades de 1 recmara / 1 bao, ambas desocupadas al momento del cierre. Las caractersticas incluyen acceso para RV, stano para almacenamiento y calefaccin/aire central en la segunda unidad. Convenientemente ubicado cerca del Hospital St. Joseph's, Starbucks, tiendas y restaurantes de Miracle Mile, y el centro de Stockton. Perfecto para inversionistas o propietarios que quieran ocuparlo!
M
Maria Garcia Olmos
Listing Agent
Price History
Date
Event
Price
01/05/98
Sold
$60,000
03/08/23
Sold
$378,000
02/26/13
Sold
$55,000
08/24/05
Sold
$265,000
10/30/02
Sold
$144,000
Condition Rating
Fair
Built in 1918, this duplex has undergone significant cosmetic renovations in both units, including new laminate flooring, fresh paint, updated kitchen cabinets, countertops, and tiled bathrooms. These updates make the interiors move-in ready. However, the property's age (over 100 years) means many underlying systems are likely original or older. The HVAC system is inconsistent, with one unit having central heat/air and the other relying on wall heaters and window AC units, indicating that not all major systems have been fully modernized. While the cosmetic updates are recent and well-executed, the overall age and partial system updates prevent it from reaching a 'Good' rating, aligning it more with 'Fair' where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Immediate Income/Occupancy Potential: Both 1-bedroom, 1-bath units will be vacant at closing, providing immediate flexibility for investors to set market rents or for an owner-occupant to move in without tenant displacement.
Prime Urban Location: Conveniently situated near St. Joseph's Hospital, Starbucks, Miracle Mile shops & dining, and downtown Stockton, enhancing its appeal for tenants and owner-occupants seeking urban amenities.
Versatile Investment Opportunity: The property is explicitly marketed as perfect for both investors seeking rental income and owner-occupants looking for a multi-unit property to live in one unit and rent the other.
Valuable Practical Amenities: Features such as RV access and basement storage add significant practical value and appeal, catering to specific buyer needs often not found in similar properties.
Duplex Configuration: As a duplex, it offers inherent benefits of a residential income property, providing diversified income streams or the option for multi-generational living.
Cons
Historic Property Age: Built in 1918, the property is over a century old, which may imply potential for aging infrastructure, deferred maintenance, or the need for significant system updates.
Inconsistent HVAC System: Only the second unit is noted to have central heat/air, suggesting the first unit may lack this essential amenity, potentially impacting tenant comfort, marketability, and future upgrade costs.
Recent Price Appreciation: The current listing price of $425,000 represents a notable increase from its last sale price of $378,000 in March 2023, which may require careful market analysis to justify its current valuation.