7941 Diana Marie Drive, Stockton, CA 95210, Stockton, 95210 - bed, bath
ACTIVE$465,000/sqft
7941 Diana Marie Drive, Stockton, CA 95210
0Bed
0Bath
Sqft
6,499Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, offering a clear path to steady passive income and long-term equity growth, making it ideal for real estate investors.
Top Cons:
Age of Construction: Built in 1974, the property may require updates to systems or aesthetics to meet modern standards and maximize its full rental potential.
Compared to the nearby listings
Price:$465.0K vs avg $505.0K ($-40,000)29%
Size: sqft vs avg 1,900 sqft29%
Price/sqft:$0 vs avg $21629%
More Insights
Built in 1974 (52 years old).
Condition: Built in 1974, this property is 50 years old. The listing description explicitly states it's an opportunity for those 'looking to renovate and increase property value and rental income,' and the property analysis lists 'Renovation Investment Required' as a weakness. The exterior images show significant wear and tear, including cracked concrete, faded paint, and dated security bars, indicating deferred maintenance. While not a tear-down, it clearly requires substantial repairs and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Year Built
1974
Close
-
List price
$465K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
225134586
Home ConditionPoor
Features
Patio
View-
About this home
Price reduced, giving you another investment opportunity to maximize your ROI with this charming duplex for sale! This attractive duplex features 2 large bedroom, 2 car garage and 2 additional parking spaces per unit. Conveniently located near businesses, shopping centers and restaurants. Ideal for real estate investors looking for steady passive income and long term equity growth, first time buyers seeking an affordable entry into the market and those looking to renovate and increase property value and rental income.
V
Vanessa Peralta
Listing Agent
Price History
Date
Event
Price
02/17/12
Sold
$100,500
07/25/05
Sold
$350,000
Condition Rating
Poor
Built in 1974, this property is 50 years old. The listing description explicitly states it's an opportunity for those 'looking to renovate and increase property value and rental income,' and the property analysis lists 'Renovation Investment Required' as a weakness. The exterior images show significant wear and tear, including cracked concrete, faded paint, and dated security bars, indicating deferred maintenance. While not a tear-down, it clearly requires substantial repairs and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering a clear path to steady passive income and long-term equity growth, making it ideal for real estate investors.
Strategic Price Reduction: A recent price reduction enhances the investment opportunity, aiming to maximize ROI for potential buyers and offering an attractive entry point.
Ample Parking & Garage: Each unit features a 2-car garage and 2 additional parking spaces, providing significant convenience and value for residents.
Convenient Location: Strategically located near businesses, shopping centers, and restaurants, enhancing its desirability for tenants and owner-occupants.
Value-Add Potential: The property presents an excellent opportunity for renovation, allowing buyers to increase property value and rental income through strategic upgrades.
Cons
Age of Construction: Built in 1974, the property may require updates to systems or aesthetics to meet modern standards and maximize its full rental potential.
Renovation Investment Required: While offering value-add potential, achieving higher property value and rental income will necessitate additional capital investment and effort for renovations.
Inconsistent Listing Dates: The 'on market date' and 'price change date' are listed in the future, which is an unusual data anomaly that may require clarification or indicate a pre-listing status.