8024 Albany Drive, Stockton, CA 95210, Stockton, 95210 - 6 bed, 3 bath
ACTIVE$598,000$4,080/sqft
8024 Albany Drive, Stockton, CA 95210
6Beds
3Baths
4,080Sqft
8,002Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Turnkey Investment: This fully occupied triplex offers immediate cash flow with all three units currently rented, making it a ready-to-go investment property.
Top Cons:
Property Age: Built in 1971, the property is over 50 years old, which may indicate aging systems (e.g., plumbing, electrical, HVAC) that could require future capital investment.
Compared to the nearby listings
Price:$598.0K vs avg $569.0K (+$29,000)86%
Size:4,080 sqft vs avg 2,023 sqft86%
Price/sqft:$147 vs avg $21629%
More Insights
Built in 1971 (55 years old).
Condition: Built in 1971, this property is 53 years old. The exterior images reveal significant age, including a cracked driveway, weathered fencing, and dry landscaping, indicating deferred maintenance. While described as 'well-maintained' and 'functional' for tenants, the listing's own analysis highlights 'aging systems' as a weakness. Without interior photos, and considering the property's age and exterior condition, it's highly probable that the kitchens, bathrooms, and other interior components are substantially outdated and would require significant rehabilitation to meet modern standards, aligning with the 'Poor' condition criteria.
Year Built
1971
Close
-
List price
$598K
Original List price
-
Price/Sqft
$147
HOA
$0
Days on market
-
Sold On
-
MLS number
225087961
Home ConditionPoor
Features
View-
About this home
Investor special! Welcome to 8024 Albany Dr., a well-maintained triplex located in the heart of Stockton's 95210 area. This fully occupied property offers an excellent opportunity to generate instant cash flow with three individual 2-bedroom, 1-bath units, all currently rented to long-term tenants. With a combined monthly rental income of $3,900, this is a turnkey income property ideal for investors looking to expand their portfolio or complete a 1031 exchange. Each unit provides a functional floor plan, low-maintenance design, and solid rental history. All tenants are on month-to-month leases, giving flexibility to the buyer.
J
Jaskaran Kandola
Listing Agent
Price History
Date
Event
Price
05/04/22
Sold
$540,000
01/03/18
Sold
$290,000
06/29/16
Sold
$226,000
12/01/11
Sold
$85,500
Condition Rating
Poor
Built in 1971, this property is 53 years old. The exterior images reveal significant age, including a cracked driveway, weathered fencing, and dry landscaping, indicating deferred maintenance. While described as 'well-maintained' and 'functional' for tenants, the listing's own analysis highlights 'aging systems' as a weakness. Without interior photos, and considering the property's age and exterior condition, it's highly probable that the kitchens, bathrooms, and other interior components are substantially outdated and would require significant rehabilitation to meet modern standards, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Turnkey Investment: This fully occupied triplex offers immediate cash flow with all three units currently rented, making it a ready-to-go investment property.
Substantial Rental Income: Generating a combined monthly rental income of $3,900, the property provides a significant and consistent revenue stream.
Flexible Lease Agreements: All tenants are on month-to-month leases, providing the new owner with flexibility for future rent adjustments, renovations, or re-tenanting strategies.
Well-Maintained & Low-Maintenance: Described as a 'well-maintained triplex' with 'low-maintenance design' for each unit, suggesting reduced immediate upkeep and capital expenditure.
No Association Fees: The absence of association fees contributes to lower ongoing operating costs and higher net income for the investor.
Cons
Property Age: Built in 1971, the property is over 50 years old, which may indicate aging systems (e.g., plumbing, electrical, HVAC) that could require future capital investment.
Data Inconsistency (On-Market Date): The 'on_market_date' is listed as 2025-07-01, which is in the future for an 'Active' listing, creating a data anomaly that could lead to confusion or suggest a pre-market scenario.
Potential for Rent Optimization / Turnover Risk: While month-to-month leases offer flexibility, they also present a risk of tenant turnover and may require the new owner to actively manage rent increases to optimize income, especially if current rents are below market for the area and property condition.