$319,000
PENDING

Estimated payment $1,961/month

Total Views 12,551
2 Beds
2 Baths
1,416 Sq Ft
$225 Price per Sq Ft

Highlights

  • Private Yard
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Park
  • Central Heating and Cooling System

About This Home

Charming Duplex Investment Opportunity in the Heart of Stockton!Welcome to 480 E Monterey & 2831 N California Street — a well-maintained, fully fenced duplex offering comfort, convenience, and incredible value. Each unit features 1 bedroom and 1 bathroom, plus a dedicated laundry room just off the kitchen — a rare and practical perk for tenants!Enjoy the benefit of a 2-car garage, perfect for parking or additional storage. This corner-lot property is ideally located directly across the street from a restaurant, grocery store, and pharmacy, offering ultimate walkability for daily essentials. Just five blocks away, you’ll find a community park — perfect for outdoor recreation — and the nearby hospital and college make this a prime location for students, faculty, or healthcare professionals.Whether you're looking to live in one unit and rent the other or add a solid performer to your investment portfolio, this Stockton duplex checks all the boxes.Don’t miss your chance to own a multi-unit property in a high-demand area!

Listing Agent

Trisha Rockwell-Coon

Power West Properties Brokerage Phone: 5305144582 License #02179783 Listed on: 05/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1946

Lot Details

  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17,18 / 5
  • Assessor Parcel Number 12529022
  • $454 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,600
  • Trash Expense $1,296
  • Water Sewer Expense $2,880
  • New Taxes Expense $4,147
  • Operating Expense $9,923
  • Gross Income $17,340
  • Net Operating Income $7,417

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,670

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 159500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2880.00
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 12529022
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 225.28
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1296.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Gutters, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System, Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Rental Info

  • Garage Rental Rate: 100.00
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Garage Income: 1200.00
  • Gross Income: 17340.00
  • Gross Multiplier: 18.39
  • Gross Scheduled Income: 17340.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 7417.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 9923.00
  • Rent Control: No
  • Total Expenses: 9923.00

Tax Info

  • New Taxes Expense: 4147.00
  • Tax Block: 5
  • Tax Census Tract: 13.00
  • Tax Lot: 17,18
  • TaxOtherAnnualAssessmentAmount: 454.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,670 $213,338 $68,267 $145,071
2023 $2,611 $209,156 $66,929 $142,227
2022 $2,570 $205,056 $65,617 $139,439
2021 $2,470 $201,036 $64,331 $136,705
2020 $2,518 $198,976 $63,672 $135,304
2019 $2,508 $195,075 $62,424 $132,651
2018 $2,462 $191,250 $61,200 $130,050
2017 $741 $57,424 $12,936 $44,488
2016 $753 $56,299 $12,683 $43,616
2014 $652 $49,323 $12,189 $37,134
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $319,000 +70.1% $225 / Sq Ft
05/16/2017 05/16/17 Sold $187,500 -1.3% $134 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $190,000 -- $136 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $187,500 First American Title Company
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 New Conventional
Previous Owner $169,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25094655

California Regional Multiple Listing Service (CRMLS)

APN: 125-290-22