
Stockton, CA 95210
Investment Opportunity! Charming Duplex for sale! This attractive duplex features 2 large bedrooms, 1 bathroom, 2-car garage and 2 additional parking spaces per unit. Conveniently located near businesses, shopping centers and restaurants. Currently rented for $1600/mo for 7648 and $1,500 for unit 7640. Ideal for real estate investors looking for steady passive income while building equity on the property, first time buyers seeking an affordable entry into the market and those looking to renovate and increase property's value and rental income.
Property is extensive renovation needed.
Built in 1974, this duplex is 50 years old and shows significant signs of age. The kitchen features very outdated white appliances, original-style cabinets, and an old fluorescent light fixture. The bathroom has dated gold-framed sliding shower doors and fixtures. While some areas have newer laminate flooring, the overall condition, including unkempt exterior and older systems (implied by window AC in garage), indicates a need for substantial renovation and rehabilitation to meet current standards and increase value, as even noted in the listing's description.
The property is a duplex with existing tenants, providing immediate and steady passive income ($1600/mo and $1500/mo), making it attractive for investors.
Explicitly marketed as an investment opportunity, ideal for building equity and increasing property value through strategic renovations.
Situated near businesses, shopping centers, and restaurants, enhancing tenant appeal and ensuring high occupancy rates.
Built in 1974, the property is 50 years old, suggesting potential for outdated systems, deferred maintenance, and the need for significant renovations to modernize.
While offering value-add potential, achieving higher rental income and property value necessitates a substantial capital investment for renovations, which may deter some buyers.
Each unit features only one bathroom, which might be a drawback for larger families or tenants seeking more modern amenities, potentially limiting the tenant pool or rental upside without modification.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 2.5 |
| Square foot | - | 1,942.25 |
| Lot Size | 6,499 | 6,807.625 |
| Price | $475.0K | $437.6K |
| Price per sq ft | $0 | $230 |
| Built year | 1974 | 1962 |
| HOA | $0 | $112 |
| Days on market | 564 | 67 |
Apr 8, 2025
$475,000
Initial Listing
Feb 17, 2012
$100,500
Public Record
Jul 25, 2005
$350,000
Public Record