6905 N El Dorado Street, Stockton, CA 95207, Stockton, 95207 - 5 bed, 0 bath
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Stockton, CA 95207
This Stabilized Multi-Family Triplex is a Prime Investment Opportunity, listed at $539,000—positioned below the $566,958 Fair Market Value by 4%. This valuation gap offers $27,958 in Instant Equity for the incoming owner. Currently holding a Fair Condition Rating, the property features a New Roof (2023) and fresh exterior paint, delivering a 4.75% Actual Cap Rate from day one. With a clear path to a 5.7% Proforma Return, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in Stockton.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6905 N El Dorado Street Subject | $488,000* List Price | 5 | 0 | 2,727 | $184 | - |
A 728 E Swain Road Active | $564,900 List Price | 6 | 3 | 2,741 | $206 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1964-built triplex that has undergone recent essential exterior maintenance, including a brand-new roof (2023), new gutters, and fresh paint. While these capital improvements are positive, the property's age and the absence of interior photos or mentions of kitchen and bathroom renovations suggest the units likely feature dated finishes and original or older systems. It meets the 'fair' criteria as an aged but maintained property where major components are functional but likely show signs of being outdated.
The property boasts a 4.75% actual cap rate upon acquisition with a clear proforma path to 5.7%, offering immediate cash flow in a competitive market.
Significant recent upgrades including a brand-new roof (2023), new gutters, and fresh exterior paint reduce immediate CAPEX requirements for the new owner.
The triplex configuration provides versatility for investors to either manage as a fully leased income property or occupy one unit while renting the others to offset mortgage costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 15.
Built in 1964, the property may have underlying maintenance needs related to original plumbing or electrical systems that are not addressed by the recent exterior cosmetic updates.
Operating expenses are broadly categorized as 'other,' which requires intensive due diligence to verify the accuracy of the reported lean $12,754 annual budget.
Live for Free in Stockton? The Ultimate House-Hack Triplex. Stop paying rent and start defending your equity. This stabilized triplex is the perfect entry point for a live-in owner. With solid, long-term tenants already in place, you have immediate help with the mortgage from Day 1. The Layout: Unit 1: The "Blank Canvas." In need of a full update perfect for a custom owners unit or an FHA 203(k) renovation project. Unit 2 (1/1): The "Updated Standard." Renovated just a few years ago and in great shape. Unit 3: The "Reliable Classic." Clean, functional, and well-maintained. The Peace of Mind: Weve secured the big-ticket items so you dont have to. Featuring a New Roof (2023), new gutters, and newer exterior paint. At $515,000 (less than 172K per door), this is a strategic play to build wealth while you house-hunt. Income/Expense reports available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 0.0 | 3.5 | 33% |
| Square foot | 2,727 | 2,310 | 67% |
| Lot Size | 6,600 | 7,379 | 17% |
| Price | $488.0K | $553.5K | 33% |
| Price per sq ft | $179 | $181 | 50% |
| Built year | 1964 | 1971 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 159 | 17% |
Apr 17, 2026
$488,000
$515,000
-5% Price Drop
Initial Listing
Apr 15, 2026
$515,000
$539,000
-4% Price Drop
Initial Listing
Feb 23, 2026
$539,000
Initial Listing
Mar 15, 1996
$115,909
Public Record