905 N Commerce Street, Stockton, CA 95202, Stockton, 95202 - 4 bed, 0 bath
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Stockton, CA 95202
This Quadruplex Residential Income Asset represents a Strong Value Opportunity with a List Price of $549,000—positioned well below the $592,901 Fair Market Value by 7%. This strategic entry point secures $43,901 in Instant Equity. While the Condition Rating of 4 reflects its 1917 infrastructure, the property offers immediate cash flow and significant upside through ADU development incentives within an Opportunity Zone. Located near St. Joseph’s Medical Center, this is a high-yield acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 905 N Commerce Street Subject | $549,000* List Price | 4 | 0 | 2,760 | $215 | - |
A 722 N San Joaquin Street Sold | $493,250 | 0 | 0 | 3,092 | $160 | 0.3 mi |
B 144 N Grant Street Sold | $536,250 | 0 | 0 | 3,582 | $150 | 0.8 mi |
C 111 W Poplar Street Active | $474,250 List Price | 5 | 0 | 2,896 | $164 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1917, this property shows clear signs of its age with weathered exterior shingle siding, cracked concrete driveways, and outdated floor furnace heating systems. While the listing description mentions some recent updates to kitchens and bathrooms, no interior photos were provided to confirm the quality or extent of these renovations. The exterior and garage areas indicate a need for minor repairs and general modernization to meet current market standards for 'Good' condition.
Situated in a prime Civic Center location within walking distance to St. Joseph's Medical Center and the Miracle Mile, ensuring high rental demand from healthcare professionals and local commuters.
Located in an Opportunity Zone with eligibility for ADU development incentives, providing significant potential to increase density and maximize long-term tax advantages.
The property is fully occupied with updated leases and recent interior renovations to kitchens and bathrooms, offering a turnkey investment with immediate rental income and further upside potential.
Originally built in 1917, the property may require higher-than-average maintenance and capital expenditures to manage century-old structural components and utility systems.
The use of floor furnaces and wall AC units rather than a modern central HVAC system may limit the property's appeal to premium tenants and impact overall energy efficiency.
Here's a corner-lot 4-plex property located in the Civic Center / Downtown Stockton area. The property is within walking distance to Dignity Health St. Joseph's Medical Center and a short bike ride from the Miracle Mile. Enjoy easy access to restaurants, bars, shops, and the Stockton waterfront and arena. Each unit is 1-Bed 1-Bath with hardwood and tile flooring throughout. Some bathrooms and kitchens recently updated. Units are equipped with floor furnaces for heating and wall AC units for cooling. Laundry hookups are conveniently located in the basement. A clean, spacious backyard and two driveways provide ample private parking. The detached garage also offers excellent potential for future use. The property is fully occupied with updated leases that still offer strong upside potential. Situated in an Opportunity Zone, it qualifies for combined ADU development incentives that can further enhance investment economics.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,760 | 2,926 | 50% |
| Lot Size | 4,250 | 5,000.5 | 25% |
| Price | $549.0K | $514.8K | 75% |
| Price per sq ft | $199 | $179 | 50% |
| Built year | 1917 | 1910 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 185 | 25% |
Apr 6, 2026
$549,000
Initial Listing
Mar 31, 2022
$400,000
Public Record
Oct 12, 2016
$243,000
Public Record
Jul 16, 2015
$180,000
Public Record