USACAStockton1851 Lomita Avenue
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$599,000

For Sale

A day ago

1851 , Stockton, CA

House

MLS® 226125996

0 Bed

0 Bath

1330 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1330 sqft
Garage Yes
Taxes 
Days Active 3
Lot Size 0.1148 Acres
Approx. Age 1929
Avg. Price Per Sqft $450
MLS® Number 226125996

Property Address: 1851 Lomita Avenue, Stockton, CA, 95204

Average square foot calculated using Size range provided by listing agent.

Description

Rare turnkey value-add investment opportunity in Stockton! 1851 Lomita is already producing $3, 860/month in gross rental income from two established income streams, while offering a clearly defined path to significantly increase future revenue. The property currently includes a 2-bedroom/1-bath main residence with an updated kitchen, rented at $2, 300/month, plus a full-size furnished rear studio with private kitchen, bathroom and dedicated entrance, rented at $1, 560/month. The real upside is in the expansion potential. Current plans contemplate an attic micro-studio projected at approximately $1, 450/month and conversion of the detached garage into a 1-bedroom ADU with private outdoor space, projected at approximately $1, 750/month. If completed as envisioned, projected gross rental income could reach approximately $7, 060/month or $84, 720 annually. Unlike properties marketed simply as having ADU potential, much of the preliminary groundwork has already been done. The permitting pathway has been explored, contractors are lined up, and project management is available to help coordinate permitting and construction for the buyer. Estimated additional buildout investment is approximately $100, 000 with an anticipated 6-9 month timeline. Offered at $599, 000, the projected total basis after planned improvements is approximately $699, 000creating a compelling combination of immediate income and future upside. Future rents, construction costs, timelines and projected income are estimates only and are not guaranteed. Buyer to independently verify permits, approvals, plans, allowable uses, rental income, utilities, construction costs and operating expenses.
MLS® Number226125996
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1929
BasementPartial
DrivewayDetached, Garage
Garage Spaces
HeatCentral, Fireplace(s)
A/CCeiling Fan(s), Central

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2026List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
1851 , Stockton, CA

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