
Stockton, CA 95210
This Residential Income Triplex presents a Strong Value Opportunity with a List Price of $598,000—positioned well below the $568,112 Fair Market Value by -5%. While the property requires attention due to its Poor Condition Rating, it offers immediate cash flow from three occupied units. The month-to-month leases provide a strategic advantage for rent optimization or future renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to stabilize and modernize a high-demand rental property in Stockton.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8024 Albany Drive Subject | $560,000* List Price | 6 | 3 | 2,595 | $204 | - |
A 453 Jill Circle Sold | $570,000 | 7 | 0 | 2,998 | $190 | 0.2 mi |
B 352 Jill Circle Sold | $435,000 | 4 | 2 | 1,900 | $229 | 0.2 mi |
C 8733 San Pasqual Way Active | $575,000 List Price | 6 | 0 | 2,831 | $203 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
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exterior condition, it's highly probable that the kitchens, bathrooms, and other interior components are substantially outdated and would require significant rehabilitation to meet modern standards, aligning with the 'Poor' condition criteria.
This fully occupied triplex offers immediate cash flow with all three units currently rented, making it a ready-to-go investment property.
Generating a combined monthly rental income of $3,900, the property provides a significant and consistent revenue stream.
All tenants are on month-to-month leases, providing the new owner with flexibility for future rent adjustments, renovations, or re-tenanting strategies.
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.
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.
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.
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 $4,198, 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.5 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,595 | 1,952.667 |
| Lot Size | 8,002 | 7,118.5 |
| Price | $560.0K | $440.5K |
| Price per sq ft | $216 | $237 |
| Built year | 1971 | 1961 |
| HOA | $0 | $112 |
| Days on market | 435 | 73 |
Sep 2, 2026
$560,000
$598,000
-6% Price Drop
Initial Listing
Jul 1, 2025
$598,000
Initial Listing
May 4, 2022
$540,000
Public Record
Jan 3, 2018
$290,000
Public Record
Jun 29, 2016
$226,000
Public Record
Dec 1, 2011
$85,500
Public Record