Oversized lotFunctional layoutAbundant living spaceLarge bedroom countAmple outdoor area
Excellent Investment Opportunity with Long-Term Tenant in Place! Don't miss this rare opportunity to acquire an income-producing property with a stable tenant already in place. Located at 2638 Monte Diablo Avenue in Stockton, this spacious 6-bedroom, 2-bath home offers approximately 2,480 square feet of living space and is currently leased to a sober living operator through September 30, 2026, generating $2,951.50 per month in rental income. Situated on a generous 10,367 square foot lot, the property offers significant upside potential. The expansive lot provides ample space for a potential Accessory Dwelling Unit (ADU), creating an opportunity for additional rental income and increased property value (buyer to verify development requirements with the City of Stockton). The home's functional layout, large bedroom count, and established use as a sober living residence make it attractive to investors seeking strong cash flow and long-term rental demand. It could also be an ideal property for a large or multi-generational family, offering abundant living space, room for gatherings, and ample outdoor area. The oversized lot provides potential RV parking, boat parking, and additional vehicle storage, a rare feature in today's market. For boating enthusiasts, the property is conveniently located less than one mile from a public boat launch, providing easy access to the Delta waterways for fishing, boating, and recreation. Conveniently located near schools, shopping, public transportation, and major commuter routes, this property combines immediate income with future development potential.
36 days
|
250
|
6
|
Zillow last checked:
Listing updated:
Listed by:
Terry HullDRE #01167495209-649-5937,
Carlson Hull, Realty
Source: MetroList Services of CA,MLS#: 226073287Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2
Rooms
Room types: Dining Room, Family Room, Kitchen, Laundry
Dining room
Features: Formal Room
Kitchen
Features: Kitchen/Family Combo, Tile Counters
Heating
Central, Gas
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Built-In Electric Oven, Gas Cooktop, Dishwasher, Disposal
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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