Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6905 N El Dorado St Stockton, CA 95207

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $585,000

    Turnkey triplex in Stockton with long-term tenants and recent upgrades.

    Lot size:
    0.15 Acres

    Property Features for 6905 N El Dorado St

    General Information

    Property type
    Investment
    Standard status
    Active
    Lot size
    0.15 Acres

    Building Details

    Year built
    1964

    We can help!

    Listing Contact
    Cheryl Cardamon
    Cheryl Cardamon
    Source: Elliman

    Listing Agency: Cheryl Cardamon, Broker Listing Agent: Cheryl Cardamon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Triplex in Prime Location

    This turnkey triplex, located in a desirable area of Stockton, presents an acquisition opportunity for investors. The property is positioned to generate income with minimal maintenance. All units are currently rented by long-term tenants, providing a consistent income stream. Each unit includes laundry hook-ups, and select units have been upgraded with new wall furnaces, window A/C units, and bathroom fixtures. Recent capital improvements include a new roof installed on the building and carport in 2023, new gutters, new exterior paint, and new fencing. The front yard features a rockscape for low maintenance. The property is conveniently situated with easy access to major shopping centers, Costco, schools, and parks.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stockton
    County
    San Joaquin
    State
    California
    Longitude
    -121.3106057
    Latitude
    38.0156396

    Nearby Similar for Sale

    • New
      $3,345,000
      23,336 SF

      STOCKTON Commercial Property For Sale

      Turnkey net leased investment property, perfect for 1031 exchange.
      321 E Weber Ave, Stockton, CA 95202
      View Details
    • $689,000
      Pending

      Stockton Duplex in Quail Lakes

      Charming duplex in central Quail Lakes community, great investment opportunity.
      1728- Silver Creek Cir, Stockton, CA 95207
      View Details
    • $600,000
      2,000 SF

      Stockton Duplex: Investment or Owner-Occupancy

      Two residences on one lot, ideal for investors or homeowners.
      3227 Bonnie Ln, Stockton, CA 95204
      View Details
    • $559,900
      2,592 SF

      Income-Generating Triplex Near Hammer Lane

      Triplex with strong rental appeal near transportation and commercial areas.
      8829 Kelley Ct, Stockton, CA 95209
      View Details
    • $709,000
      1,070 SF

      Stockton Triplex Investment Opportunity

      Triplex with high cash flow potential in central Stockton.
      1217 E Harding Way, Stockton, CA 95205
      View Details
    • $735,000

      Retail Building on Thornton Road

      Retail building with high visibility on a major thoroughfare.
      8807 Thornton Rd, Stockton, CA 95209
      View Details
    • $699,000
      6,000 SF

      Established Food Processing Facility

      Food processing facility south of Stockton, close to highway 4.
      308 Hazelton Ave, Stockton, CA 95203
      View Details
    • $2,133,334

      Stockton Single Tenant Investment Opportunity

      Single tenant Family Dollar with below market rent.
      2318 S Airport Way, Stockton, CA 95206
      View Details
    • $474,900
      1,390 SF

      Stockton Duplex: Investor Opportunity

      Duplex in Stockton, CA with strong cash flow potential.
      2150 Michael Ave, Stockton, CA 95206
      View Details
    • $1,188,000

      Freestanding Korean BBQ Restaurant Building

      Fully equipped Korean BBQ restaurant for sale in Stockton, CA.
      3121 W Benjamin Holt Dr, Stockton, CA 95219
      View Details
    • $855,000
      10,000 SF

      Stockton Retail Property For Sale

      Retail property in established Stockton neighborhood with high visibility.
      1212-1226 E Harding Way, Stockton, CA 95203
      View Details
    • $950,000
      2,386 SF

      Medical Suite in Weber Ranch

      Well-appointed medical suite in a professional park setting.
      1801 E March Ln, Stockton, CA 95210
      View Details

    FAQs

    What type of property is this?
    Triplex - Turnkey triplex in Stockton with long-term tenants and recent upgrades.
    Where is this triplex located?
    The property is located at 6905 N El Dorado St Stockton, CA.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: - Turnkey Triplex in a desirable Stockton location, ready for immediate income generation.; - Long-term tenants in place, providing a consistent and reliable income stream.; - Recent major capital improvements completed: **new roof (2023), new gutters, new exterior paint, and new fencing.**
    (408) 621-4574
    Request Owner's contact information
    6905 N El Dorado St Stockton, CA 95207
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6905 N El Dorado St
    Stockton, CA 95207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6905 N El Dorado St Stockton, CA 95207
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cheryl Cardamon
    Cheryl Cardamon
    Real Estate License ID: 01951147
    (408) 621-4574
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!