832 S Pilgrim Street, Stockton, CA 95205, Stockton, 95205 - 5 bed, 2 bath

832 S Pilgrim Street, Stockton, CA 95205 home-pic-0
ACTIVE$338,777$946/sqft
832 S Pilgrim Street, Stockton, CA 95205
5Beds
2Baths
946Sqft
5,001Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Potential: The property features two homes on one parcel, explicitly offering the opportunity to live in one and rent the other, providing a direct path to rental income or multi-generational living.
Top Cons:
Advanced Age of Property: Constructed in 1915, the property may require significant capital expenditures for updating outdated systems (plumbing, electrical, HVAC) and addressing potential deferred maintenance.

Compared to the nearby listings

Price:$338.8K vs avg $322.5K (+$16,277)67%
Size:946 sqft vs avg 823 sqft50%
Price/sqft:$358 vs avg $13667%

More Insights

Built in 1915 (111 years old).
Condition: Built in 1915, this property is over 100 years old and shows significant signs of age and deferred maintenance. Both kitchens and bathrooms are severely outdated, with old fixtures, tile countertops, and visible wear, requiring substantial renovation. The property lacks central HVAC, relying on wall heaters and window/mini-split AC units. Exterior decking is dilapidated and presents a safety concern. Overall, the property requires extensive repairs and rehabilitation to meet modern living standards.
Year Built
1915
Close
-
List price
$339K
Original List price
-
Price/Sqft
$358
HOA
$0
Days on market
-
Sold On
-
MLS number
225122632
Home ConditionPoor
Features
Deck
View-

About this home

Amazing Two homes in one parcel each house has its own meter buy this two house live in one and rent the other

J
Jesus Sandoval
Listing Agent

Price History

Date
Event
Price
04/23/04
Sold
$132,000
Condition Rating
Poor

Built in 1915, this property is over 100 years old and shows significant signs of age and deferred maintenance. Both kitchens and bathrooms are severely outdated, with old fixtures, tile countertops, and visible wear, requiring substantial renovation. The property lacks central HVAC, relying on wall heaters and window/mini-split AC units. Exterior decking is dilapidated and presents a safety concern. Overall, the property requires extensive repairs and rehabilitation to meet modern living standards.
Pros & Cons

Pros

Income-Generating Potential: The property features two homes on one parcel, explicitly offering the opportunity to live in one and rent the other, providing a direct path to rental income or multi-generational living.
Duplex Configuration with Separate Utilities: Each house has its own meter, simplifying utility management for tenants and landlords, and enhancing the property's appeal as a straightforward investment.
Affordable Entry Point: With a list price of $338,777 for a duplex in California, this property offers a relatively accessible price point for investors or owner-occupants seeking an income-producing asset.
Versatile Use: The dual-unit setup is ideal for owner-occupants looking to offset mortgage costs with rental income, or for pure investors seeking a consistent dual-income stream.
Historical Character: Built in 1915, the property likely possesses unique architectural details and a sense of history that can appeal to a specific segment of buyers and renters.

Cons

Advanced Age of Property: Constructed in 1915, the property may require significant capital expenditures for updating outdated systems (plumbing, electrical, HVAC) and addressing potential deferred maintenance.
Compact Living Spaces: With 5 beds and 2 baths across a total of 946 sqft, the individual units are likely very small, which could limit tenant appeal or comfortable living for an owner-occupant.
Location Specific Challenges: The 95205 zip code in Stockton may present challenges related to local market conditions, perceived neighborhood desirability, or potential for slower appreciation compared to other areas.
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