
Stockton, CA 95210
This triplex presents a High-Potential Investment Opportunity with a List Price of $490,000—positioned well above the $473,546 Fair Market Value by 3%. While the property requires capital expenditure due to its Fair Condition Rating and 1964 build date, the asset offers significant upside through modernization. The triplex configuration provides consistent rental demand, bolstered by its immediate proximity to Kennedy Elementary. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to enhance cash flow and long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 San Miguel Avenue Subject | $490,000* List Price | 6 | 3 | 2,298 | $206 | - |
A 453 Jill Circle Sold | $570,000 | 7 | 0 | 2,998 | $190 | 0.9 mi |
B 352 Jill Circle Sold | $435,000 | 4 | 2 | 1,900 | $229 | 0.8 mi |
C 8733 San Pasqual Way Active | $575,000 List Price | 6 | 0 | 2,831 | $203 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no recorded renovations, exceeding the 30-50 year rehab cycle. The exterior shows signs of deferred maintenance including a heavily cracked driveway and window AC units, suggesting a lack of modern central HVAC. The listing description highlights 'upside potential' and 'room to enhance,' which are industry terms for a property requiring significant rehabilitation.
The property features a desirable triplex layout with three uniform 2-bedroom, 1-bathroom units, providing consistent rental appeal and simplified management for investors.
Marketed with significant upside potential, this property allows a buyer to build equity and increase cash flow through strategic renovations and modernization.
Located just 0.03 miles from Kennedy Elementary School, the property offers exceptional convenience for families, ensuring high tenant demand for the 2-bedroom units.
The assigned elementary and middle schools have low performance ratings (2/10), which may impact long-term appreciation and the quality of the tenant pool.
Built in 1964 and positioned as a fixer-opportunity, the property likely requires immediate capital expenditure for repairs and upgrades to reach its full market value.
Great opportunity with upside potential. This triplex provides great rental income, with all three units offering 2 bedrooms and 1 bathroom, plus 3-car parking. Priced attractively, this would be a great fit for a buyer looking for cash flow with room to enhance and build value over time.
No exterior & parking available.
Grades K-8 • 0.0 mi
Grades K-8 • 0.9 mi
Grades K-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.5 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,298 | 1,952.667 |
| Lot Size | 7,126 | 7,118.5 |
| Price | $490.0K | $440.5K |
| Price per sq ft | $213 | $237 |
| Built year | 1964 | 1961 |
| HOA | $0 | $112 |
| Days on market | 26 | 73 |
Aug 14, 2026
$490,000
Initial Listing
Apr 14, 2005
$375,000
Public Record