Home For Sale In Stockton, California

house for sale

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Listed: 06/03/24

1446 S American St, Stockton, California, 95206

5 Bed:

2 Bath:

2,000 Sq Ft Living Area:

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Price

$ 399,000

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About This House

Discover a unique investment opportunity with this duplex, consisting of two single-family units attached only by the roof. Each unit has its own address: 607 East First Street and 1446 South American Street, and both are individually metered for water, gas, and electricity, with utilities paid by tenants. One unit has been recently updated, ensuring modern comforts for its residents. Both units are currently occupied by stable Section 8 tenants, providing reliable rental income. One tenant has a one-year lease, while the other is on a flexible month-to-month arrangement, ideal for either an investor or an owner-occupier. Situated on a generous7, 000square foot lot, this property also offers potential for an Accessory Dwelling Unit (ADU), adding even more value and versatility. Please note that while the information provided is believed to be accurate, buyers are advised to conduct their own due diligence. Don't miss out on this incredible investment opportunity

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Houses for sale in Stockton

Original listing

Stockton Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
May 2024	$369,192 (+6.2%)
Apr 2024	$347,545 (0%)
Mar 2024	$347,545 (0%)
Feb 2024	$347,545 (0%)
Jan 2024	$347,545 (+9.3%)
Dec 2023	$317,891 (0%)

In May 2024, the asking price for 2 bed houses for sale in/near Stockton, United States averaged $369,192, an increase of 6.2% from the previous month.

Median price trends for properties for sale in Stockton, United States as of May 2024.

Household Income

Median household income: $54,297

Number of households: 95,557

The average household income in Stockton, CA grew from $51,336 to $54,297 in the past year. This data is an estimate based upon 95,557 households in Stockton, CA.
The chart below presents how household income is distributed in Stockton, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Stockton, CA compared to median property taxes around the country. The prevalent amount of property taxes in Stockton, CA equals $3k+ , which is less than the national average.

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