4419 La Cresta Way 1, Stockton, CA 95207, Stockton, 95207 - 2 bed, 1 bath
ACTIVE$115,000$795/sqft
4419 La Cresta Way 1, Stockton, CA 95207
2Beds
1Bath
795Sqft
775Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Attractive Price Point: The list price of $115,000 makes this 2-bedroom condominium highly accessible and competitive in the market, appealing to first-time buyers and investors alike.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =775, other record lot size in square feet = 8496.
Compared to the nearby listings
Price:$115.0K vs avg $166.0K ($-51,000)17%
Size:795 sqft vs avg 900 sqft33%
Price/sqft:$145 vs avg $21724%
More Insights
Built in 1970 (56 years old).
Condition: Built in 1970, this property is over 50 years old and shows significant signs of age and deferred maintenance. The kitchen features very dated white cabinets, worn countertops, and old white appliances, all requiring full replacement. The bathroom also appears original or from a very early renovation, with dated tiles and fixtures. Flooring throughout the unit (tile, possibly old carpet/linoleum) is worn and outdated. The popcorn ceilings and overall aesthetic indicate no major renovations in decades, necessitating substantial repairs and rehabilitation to meet modern living standards.
Year Built
1970
Close
-
List price
$115K
Original List price
-
Price/Sqft
$145
HOA
$390
Days on market
-
Sold On
-
MLS number
225085778
Home ConditionPoor
Features
View-
About this home
Attention investors! Don't miss this rare opportunity to acquire a great unit with tremendous potential, the unit just recently got vacated. Located in a desirable area ideal for investors seeking reliable cash flow and minimal management, or even if for someone looking for a unit for themselves. Contact the listing agent for details.
J
Jaskaran Kandola
Listing Agent
Nearby schools
4/10
Cleveland Elementary School
Public,•K-8•0.8mi
3/10
Wilson Elementary School
Public,•K-8•1.0mi
2/10
El Dorado Elementary School
Public,•K-8•1.9mi
3/10
Victory Elementary School
Public,•K-8•2.6mi
2/10
Stagg Senior High School
Public,•5-12•1.6mi
Condition Rating
Poor
Built in 1970, this property is over 50 years old and shows significant signs of age and deferred maintenance. The kitchen features very dated white cabinets, worn countertops, and old white appliances, all requiring full replacement. The bathroom also appears original or from a very early renovation, with dated tiles and fixtures. Flooring throughout the unit (tile, possibly old carpet/linoleum) is worn and outdated. The popcorn ceilings and overall aesthetic indicate no major renovations in decades, necessitating substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons
Pros
Attractive Price Point: The list price of $115,000 makes this 2-bedroom condominium highly accessible and competitive in the market, appealing to first-time buyers and investors alike.
Strong Investor Appeal: Explicitly marketed for investors, the property offers 'tremendous potential' for 'reliable cash flow' and 'minimal management,' with the unit recently vacated for immediate occupancy or rental.
Desirable Investment Location: Situated in an area described as 'desirable for investors,' suggesting a stable rental market and potential for long-term value growth.
Efficient Layout & Size: At 795 sqft, the compact size offers an efficient living space, potentially leading to lower utility costs and easier maintenance, which is attractive for both tenants and owners.
Condominium Lifestyle Benefits: As a condominium, the property likely benefits from HOA-managed exterior maintenance, landscaping, and shared amenities, simplifying ownership responsibilities.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =775, other record lot size in square feet = 8496.
High HOA Fee: The $390 monthly association fee is substantial relative to the property's list price, significantly impacting net rental income for investors or overall monthly housing costs for owner-occupants.
Age of Property (1970): Built in 1970, the unit is over five decades old, which may imply dated systems, finishes, and potential for deferred maintenance or the need for future upgrades to meet modern standards.
Limited Living Space: With 795 sqft for two bedrooms, the unit offers a relatively small living area, which could be a constraint for occupants desiring more spacious accommodations or for families.