Four-Unit Income
New
For Sale
$950,000
10 W swain RD, Stockton, CA 95207
Maintained quadplex with one owner-occupied unit and three tenant-occupied units near Stockton shopping and services.
Property Size3,461 SF
Price / SF$274.49
Days on Market4
Property Features for 10 W swain RD
General Information
Standard status
Active
Size
3,461 SF
Property subtype
Multi Family
Additional Details
Gross Income
$76,800
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$10,450
Building Details
Year Built
1959
Listing Agency:
Radius Agent Realty
(415) 917-1921
Listed By:
Visakha Sir · License #01980472
(562) 310-3742
Source:
Exitrealty
Added: Sep 5
Changed: Sep 7
Last Checked: Sep 7 at 7:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Radius Agent Realty
Investment Insights
Based on property information with market context.
This 3,461-square-foot quadplex, built in 1959, contains four residential units and is described as well maintained. One unit is occupied by the owner, while the other three are tenant occupied, providing a mix of personal use and existing occupancy within the property.
Located at 10 W Swain Rd in Stockton, the property is near shopping, restaurants, grocery stores, and other everyday services. The Pacific Avenue corridor and nearby shopping centers are also within convenient reach, connecting the property with established retail and service options.
Located at 10 W Swain Rd in Stockton, the property is near shopping, restaurants, grocery stores, and other everyday services. The Pacific Avenue corridor and nearby shopping centers are also within convenient reach, connecting the property with established retail and service options.
Key Highlights
- Four‑unit property with one owner‑occupied unit and three tenant‑occupied units
- 3,461 square feet across the property
- Built in 1959
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,987
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,740
$1.0M
Cap Rate 7%
$728,386
$728.4K
Cap Rate 9%
$566,522
$566.5K
Market Conditions
NOI Build-Up for 3,461 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$76.8K $22.20/SF
− Vacancy
−$4.0K −$1.15/SF
EGI
$72.8K $21.05/SF
− OpEx
−$21.9K −$6.31/SF
NOI
$51.0K $14.73/SF
Area
ZIP 95207
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,740
Cap Rate 7%
$728,386
Cap Rate 9%
$566,522
Alternative Uses
Best Use
Multifamily LT 5
$728.4K
$637.3K – $849.8K
NOI $50,987 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$669.2K
$585.5K – $780.7K
NOI $46,842 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,406 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,400
Businesses Nearby
Explore this area
Business Placement
Demographics for 95207, CA
52,465
Population
20,300
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
83%
High-School Grad
7.2 sq mi
ZIP Area
7,287
Density / Sq Mi
$68,767
Median Household Income
$38,463
Median Earnings
$1,549
Median Rent
$409,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Maintained quadplex with one owner-occupied unit and three tenant-occupied units near Stockton shopping and services.
Where is this quadplex located?
The property is located at 10 W swain RD Stockton, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four‑unit property with one owner‑occupied unit and three tenant‑occupied units; 3,461 square feet across the property; Built in 1959
