520 W Jackson Street, Stockton, CA 95206, Stockton, 95206 - 3 bed, 1 bath
ACTIVE$305,000$960/sqft
Est. Value: $305,000
%
FairlyEstimate
520 W Jackson Street, Stockton, CA 95206
3Beds
1Bath
960Sqft
5,001Lot
Price Vs. Estimate
The estimated value ($305,000) is $0 (0%) lower than the list price ($305,000). This property may be overpriced.
Key pros and cons
Top Pros:
Immediate Rental Income: The property is currently tenant-occupied, offering immediate and consistent rental income from day one, making it an attractive option for investors.
Top Cons:
Compact Living Space: With only 960 sqft for a 3-bedroom home, the living space is relatively small, which might limit its appeal to buyers seeking more spacious accommodations.
Compared to the nearby listings
Price:$305.0K vs avg $399.0K ($-94,000)32%
Size:960 sqft vs avg 1,529 sqft18%
Price/sqft:$318 vs avg $24584%
More Insights
Built in 1974 (52 years old).
Condition: Built in 1974, this 50-year-old property shows significant signs of age and deferred maintenance on the exterior, including faded paint, older windows, a cracked driveway, and an outdated roof-mounted cooling unit. There is no mention of any major renovations in the listing description. While tenant-occupied, suggesting it is currently livable, the overall condition indicates that substantial repairs and rehabilitation are required to address outdated systems and aesthetics, aligning with the 'poor' classification for properties built over 30 years ago that require significant updates.
Year Built
1974
Close
-
List price
$305K
Original List price
-
Price/Sqft
$318
HOA
$0
Days on market
-
Sold On
-
MLS number
225065865
Home ConditionPoor
Features
View-
About this home
Investment Opportunity - 3BR/1BA Tenant-Occupied Home For Sale. Great opportunity for investors! This 3-bedroom, 1-bath single-family home is currently tenant-occupied, generating consistent rental income from day one. With 960 sqft in living space and it's proximity near I-5, this home offers comfort and convenience.
A
Anna Liza Hancock
Listing Agent
Nearby schools
3/10
Hazelton Elementary School
Public,•K-8•0.1mi
3/10
Dolores Huerta Elementary School
Public,•K-8•0.4mi
3/10
Spanos (Alex G.) Elementary School
Public,•K-8•0.9mi
3/10
McKinley Elementary School
Public,•K-8•1.1mi
3/10
Taft Elementary School
Public,•K-8•1.8mi
2/10
El Dorado Elementary School
Public,•K-8•1.9mi
3/10
Victory Elementary School
Public,•K-8•2.0mi
2/10
John C. Fremont Elementary School
Public,•K-8•2.4mi
3/10
Grunsky Elementary School
Public,•K-8•2.5mi
3/10
Wilson Elementary School
Public,•K-8•2.7mi
4/10
King Elementary School
Public,•K-8•2.8mi
3/10
Fillmore Elementary School
Public,•K-8•3.0mi
4/10
Cleveland Elementary School
Public,•K-8•3.0mi
2/10
Roosevelt Elementary School
Public,•K-8•3.1mi
5/10
Commodore Stockton Skills School
Public,•K-8•3.1mi
2/10
Hoover Elementary School
Public,•K-8•3.2mi
3/10
Harrison Elementary School
Public,•K-8•3.5mi
4/10
Tyler Skills Elementary School
Public,•K-8•3.5mi
4/10
August Elementary School
Public,•K-8•3.6mi
3/10
Edison High School
Public,•9-12•0.3mi
2/10
Stagg Senior High School
Public,•5-12•3.3mi
5/10
Franklin High School
Public,•6-12•3.9mi
Price History
Date
Event
Price
09/29/14
Sold
$70,000
Condition Rating
Poor
Built in 1974, this 50-year-old property shows significant signs of age and deferred maintenance on the exterior, including faded paint, older windows, a cracked driveway, and an outdated roof-mounted cooling unit. There is no mention of any major renovations in the listing description. While tenant-occupied, suggesting it is currently livable, the overall condition indicates that substantial repairs and rehabilitation are required to address outdated systems and aesthetics, aligning with the 'poor' classification for properties built over 30 years ago that require significant updates.
Pros & Cons
Pros
Immediate Rental Income: The property is currently tenant-occupied, offering immediate and consistent rental income from day one, making it an attractive option for investors.
Strategic Commuter Access: Its proximity near I-5 provides excellent convenience for commuters, enhancing accessibility to and from the area.
No Association Fees: The absence of association fees significantly reduces the ongoing monthly ownership costs, appealing to budget-conscious buyers.
Prime School Proximity: Located exceptionally close to multiple schools, including Hazelton Elementary (0.08 miles) and Edison High School (0.34 miles), which is ideal for families.
Desirable Property Type: As a single-family residence, it generally holds broader appeal and demand compared to other property types.
Cons
Compact Living Space: With only 960 sqft for a 3-bedroom home, the living space is relatively small, which might limit its appeal to buyers seeking more spacious accommodations.
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which can be a significant inconvenience for families or multiple occupants.
Tenant-Occupied Status: While a strength for investors, the tenant-occupied status can complicate the buying process for owner-occupants, potentially limiting showing access and requiring careful management of tenant transition.