1851 Lomita Avenue, Stockton, CA 95204
Local realty services provided by:CENTURY 21 Tri-Dam Realty
1851 Lomita Avenue,Stockton, CA 95204
$599,000
- - Beds
- - Baths
- 1,330 sq. ft.
- Multi-family
- Active
Listed by: deborah brittan
Office: real broker technologies
MLS#:226125996
Source:MetroList
Price summary
- Price:$599,000
- Price per sq. ft.:$450.38
About this home
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....
Contact an agent
Home facts
- Year built:1929
- Listing ID #:226125996
- Added:5 day(s) ago
- Updated:October 13, 2026 at 03:13 PM
Rooms and interior
- Flooring:Laminate, Tile Floor
- Kitchen Description:Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Microwave
- Basement Description:Partial
- Living area:1,330 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central
- Heating:Central, Fireplace(s)
Structure and exterior
- Roof:Composition Shingle
- Year built:1929
- Building area:1,330 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Auto Sprinkler F&R
- Construction Materials:Frame, Stucco
- Foundation Description:Raised Foundation
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$450.38
Features and amenities
- Appliances:Dishwasher, Disposal, Microwave
Parking
- Garage spaces:1
New listings near 1851 Lomita Avenue
- New
$449,000Active3 beds 2 baths1,662 sq. ft.7143 Shoreham Place, Stockton, CA 95207
MLS# 226124181Listed by: PMZ REAL ESTATE - New
$579,900Active-- beds -- baths2,319 sq. ft.6020 N Pershing Avenue, Stockton, CA 95207
MLS# 226127101Listed by: CALPRIME REALTY - New
$649,000Active5 beds 4 baths2,905 sq. ft.2159 Erickson Circle Circle, Stockton, CA 95206
MLS# ML82064336Listed by: VIJAY KUMAR, BROKER - Open Sun, 1 to 3pmNew
$410,000Active3 beds 2 baths2,344 sq. ft.6803 Vicksburg Place, Stockton, CA 95207
MLS# 226124739Listed by: CORNERSTONE REAL ESTATE GROUP - New
$425,000Active3 beds 2 baths1,673 sq. ft.405 Leslie Avenue, Stockton, CA 95207
MLS# 226127061Listed by: REPUBLIC REALTY GROUP - Open Sat, 11am to 3:30pmNew
$500,000Active4 beds 3 baths2,040 sq. ft.1676 Maude Street, Stockton, CA 95206
MLS# 226127104Listed by: FATHOM REALTY GROUP, INC. - New
$525,000Active3 beds 2 baths2,050 sq. ft.1430 N Baker, Stockton, CA 95203
MLS# ML82064335Listed by: REALTY ONE GROUP INFINITY - New
$460,000Active3 beds 2 baths1,657 sq. ft.7516 Dorchester Way, Stockton, CA 95207
MLS# 41149783Listed by: INTERO REAL ESTATE SERVICES - New
$400,000Active3 beds 1 baths1,088 sq. ft.313 Rendon Avenue, Stockton, CA 95205
MLS# 226124918Listed by: HOMESMART PV & ASSOCIATES - New
$469,500Active4 beds 2 baths1,832 sq. ft.960 Springoak Way, Stockton, CA 95209
MLS# 226126813Listed by: DELTA PROPERTIES