5005 E Washington Street, Stockton, CA 95215, Stockton, 95215 - 2 bed, 1 bath
5005 E Washington Street
Stockton, CA 95215
Property Price
SUMMARY
Analysis of 5005 E Washington Street, Stockton, CA 95215 is currently available with a list price of $105,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1953, this property is 71 years old with no indication of recent major renovations. The exterior images reveal severe deferred maintenance, including a significantly damaged roof structure and a boarded-up window, suggesting potential safety and structural issues. The drastic price reduction from $250,000 in 2022 to $105,000 in 2024 strongly implies the property is in a distressed condition, requiring substantial repairs and rehabilitation. Major systems (electrical, plumbing, HVAC) are almost certainly outdated and at the end of their lifespan. Without interior photos, the kitchen and bathroom are presumed to be in very poor, outdated condition, requiring full renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value Proposition
The current list price of $105,000 is significantly below its 2022 sale price of $250,000, offering substantial potential equity or a highly attractive entry point for investors and first-time buyers.
- No Association Fees
The absence of association fees reduces monthly ownership costs, making the property more affordable for buyers.
- Highly-Rated High School Proximity
Located less than 0.7 miles from Franklin High School, which boasts a strong rating of 5, appealing to families with older children.
CONSRISKS & DEFICIENCIES
- Significant Price Discrepancy & Potential Condition Issues
The drastic price reduction from $250,000 in 2022 to $105,000 strongly suggests the property may require substantial repairs, renovations, or is being sold in a distressed condition, implying significant additional investment for the buyer.
- Compact Interior Space
With only 672 sqft, the living area is quite small for a 2-bedroom home, which may limit appeal for those needing more room or for growing families.
- Older Construction & Systems
Built in 1953, the home is over 70 years old, likely indicating outdated systems (electrical, plumbing, HVAC) and potentially requiring costly upgrades to meet modern standards and efficiency.
About 5005 E Washington Street
Exceptional opportunity in Stockton. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 4,063 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Stockton Unified Schools
Elmwood Elementary School
Grades K-8 • 0.6 mi
Wilhelmina Henry Elementary School
Grades K-8 • 0.7 mi
Montezuma Elementary School
Grades K-8 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 672 | 1,458 | 4% |
| Lot Size | 4,063 | 6,330 | 1% |
| Price | $105.0K | $479.9K | 6% |
| Price per sq ft | $156 | $301 | 7% |
| Built year | 1953 | 2025 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 564 | 213 | 98% |
Pricing History
Listed for Sale
Aug 20, 2024
$105,000
Initial Listing
Sold
Mar 14, 2022
$250,000
Public Record