6905 N El Dorado Street, Stockton, CA 95207, Stockton, 95207 - 0 bed, 0 bath
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6905 N El Dorado Street
Stockton, CA 95207
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,727Sq Ft
6,600Lot Size
Property Price
LIST PRICE$585,000
SUMMARY
INVESTOR ALERT: PRICE ADJUSTMENT! We've sharpened the pencil to make this Turnkey Triplex an undeniable acquisition opportunity for a serious investor. Located in a highly desirable Stockton area, this property is poised for income and minimal headaches. Exceptional Value, Zero Hassle: This triplex now hits a critical price point, making it a competitive and compelling choice for investors seeking stability and yield in the Central Valley. BUILT-IN VALUE: The heavy lifting is done! Recent major capital improvements ensure low future maintenance costs: New Roof: Installed on the building and carport in 2023 for long-term durability. Exterior Refresh: New gutters, new exterior paint, and new fencing. Low-Maintenance Site: Front yard rockscape minimizes upkeep.TENANT STABILITY: All units are currently rented by long-term tenants, providing a consistent and reliable income stream. Each unit features valuable laundry hook-ups. Select units have been upgraded with new wall furnaces, new window A/C units, and new bathroom fixtures. PRIME LOCATION: Conveniently situated with easy access to major shopping centers, Costco, schools, and parks.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, the property has received significant recent exterior capital improvements (new roof 2023, paint, gutters, fencing). However, interior updates are described as 'partial' and only for 'select units,' specifically mentioning 'new bathroom fixtures' and some HVAC. There is no mention of kitchen renovations or comprehensive interior updates across all units, indicating these areas are likely outdated and would require further investment to meet current standards. The underlying infrastructure is also likely original due to the age of the property.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment & Income Stability
Positioned as a 'Turnkey Triplex' with all units currently rented by long-term tenants, ensuring a consistent and reliable income stream for investors.
- Recent Capital Improvements
Significant recent upgrades including a new roof (2023), new gutters, exterior paint, new fencing, and a low-maintenance rockscape, reducing immediate maintenance costs.
- Prime & Convenient Location
Situated in a highly desirable Stockton area with easy access to major shopping centers, Costco, schools, and parks, enhancing tenant appeal and property value.
CONSRISKS & DEFICIENCIES
- Partial Unit Modernization
While 'select units' have received upgrades, it implies not all units are fully modernized, potentially requiring future investment to bring all units to a consistent, updated standard.
- Age of Property
Built in 1964, despite recent exterior improvements, the underlying infrastructure may still be original, potentially leading to unforeseen maintenance or system replacements in the future.
- Lack of Detailed Financials
The description highlights income stability but does not provide specific rent rolls, lease terms, or operating expenses, which are crucial for a thorough investor proforma analysis.
About 6905 N El Dorado Street
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1964
- Lot Size
- 6,600 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,727 | 1,942.25 |
| Lot Size | 6,600 | 6,807.625 |
| Price | $585.0K | $437.6K |
| Price per sq ft | $215 | $230 |
| Built year | 1964 | 1962 |
| HOA | $0 | $112 |
| Days on market | 641 | 67 |
Pricing History
Listed for Sale
Jan 22, 2025
$585,000
Initial Listing
Sold
Mar 15, 1996
$115,909
Public Record