9531 Bancroft Way, Stockton, CA 95209, Stockton, 95209 - 6 bed, 4 bath
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Stockton, CA 95209
This duplex presents a Strong Value Opportunity with a List Price of $559,950—positioned well below the $608,040 Fair Market Value by 7%. This valuation gap offers $48,090 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property is move-in ready with recent cosmetic updates. With an established Section 8 tenant in place, this is a stable, income-generating asset ideal for Buy-and-Hold Investors or first-time investors seeking a turnkey rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9531 Bancroft Way Subject | $559,950* List Price | 6 | 4 | 2,272 | $268 | - |
A 2504 Burlington Place Sold | $525,000 | 5 | 4 | 2,220 | $236 | 0.9 mi |
B 8829 8829 Kelley Sold | $558,000 | 0 | 0 | 2,592 | $215 | 0.4 mi |
C 2517 Plantation Place Pending | $620,000 List Price | 6 | 3 | 2,000 | $310 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready, featuring recent cosmetic updates such as uniform vinyl flooring, fresh neutral paint, and recessed lighting. While the kitchen and bathrooms retain dated 1980s-style oak cabinetry and laminate countertops, they are in functional condition with no visible deferred maintenance, making it a turnkey investment.
The property features a reliable income stream with a Section 8 tenant already in place paying $2,260 per month, offering immediate cash flow and reduced vacancy risk for investors.
As a duplex with 3-bedroom, 2-bathroom units, the property hits a 'sweet spot' for rental demand, providing ample space that appeals to a wide range of long-term tenants.
The units are move-in ready with a functional floor plan and no HOA fees, making it an ideal candidate for a 1031 Exchange or a first-time investor seeking a low-friction entry into the market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 12.
The assigned elementary and middle schools have low ratings (ranging from 1 to 3), which may deter some family-oriented tenants and could impact long-term appreciation potential.
Built in 1980, the property may require more frequent maintenance or updates to major systems compared to newer builds, potentially impacting net operating income over time.
Excellent income producing opportunity with strong rental appeal. This spacious 3-bedroom, 2-bath unit is move-in ready and offers flexibility for either an owner-occupant or a new tenant. The current tenant is paying $2,260 per month through the Section 8 housing program, providing an established rental income stream for investors. With a functional floor plan, generous bedroom sizes, and desirable rental demand, this property is well-positioned as a long-term hold. A great option for investors looking to expand their portfolio, first-time investors seeking steady rental income, or buyers completing a 1031 Exchange.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades PK-6 • 0.9 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 5.0 | 60% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,272 | 2,272 | 50% |
| Lot Size | 5,998 | 6,983 | 20% |
| Price | $560.0K | $558.0K | 60% |
| Price per sq ft | $246 | $216 | 80% |
| Built year | 1980 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 107 | 20% |
May 14, 2026
$559,950
Initial Listing
Oct 14, 2022
$528,500
Public Record
Feb 14, 2003
$235,000
Public Record
May 22, 2001
$126,000
Public Record