50-Unit Apartment
For Sale
$5,500,000
Pending
126 Jamestown, Stockton, CA 95207
Multifamily property with solar panels, a new roof, and a varied bedroom mix.
Property Size36,960 SF
Lot Size1.92 Acres
Days on Market106
Property Features for 126 Jamestown
General Information
Standard status
Pending
Size
36,960 SF
Total Parking Spaces
60
Lot size
1.92 Acres
Property subtype
Residential Income
Zoning
Multifamily Residential
Units
Unit Mix
16 x 1BR, 30 x 2BR, 4 x 3BR
Multifamily Units
50
Building Details
Building Size
36,960 SF
Year Built
1965
Buildings
1
Stories
2
Listed By:
The Wiley Team
(415) 317-5888
Source:
Sanfranciscorealestategroup.idxbroker
Added: Jul 4
Changed: Oct 8
Last Checked: Oct 16 at 5:46AM
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 The Wiley Team
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Investment Insights
Based on property information with market context.
This 50-unit apartment community in Stockton, California, occupies 1.92 acres and offers a mix of 16 one-bedroom, 30 two-bedroom, and 4 three-bedroom residences. The property was built in 1965 and has undergone extensive interior and exterior renovations, including a new roof installed in 2024.
Solar panels are in place to offset common area utility costs. A majority of the apartments feature modern flooring, updated countertops, and upgraded fixtures, while the remaining units have not yet received those improvements. The property is zoned Multifamily Residential.
Solar panels are in place to offset common area utility costs. A majority of the apartments feature modern flooring, updated countertops, and upgraded fixtures, while the remaining units have not yet received those improvements. The property is zoned Multifamily Residential.
Key Highlights
- 50‑unit apartment community on 1.92 acres
- Unit mix includes 16 one‑bedroom, 30 two‑bedroom, and 4 three‑bedroom units
- New roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$500,227
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,004,540
$10.0M
Cap Rate 7%
$7,146,100
$7.1M
Cap Rate 9%
$5,558,078
$5.6M
Market Conditions
NOI Build-Up for 36,960 SF
Gross rent
$962.4K $26.04/SF
− Vacancy
−$52.9K −$1.43/SF
EGI
$909.5K $24.61/SF
− OpEx
−$409.3K −$11.07/SF
NOI
$500.2K $13.53/SF
Area
ZIP 95207
Vacancy
5.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,004,540
Cap Rate 7%
$7,146,100
Cap Rate 9%
$5,558,078
Alternative Uses
Best Use
Apartment 5plus
$7.15M
$6.25M – $8.34M
NOI $500,227 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.27M
$10.73M – $14.31M
NOI $858,655 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
50
Residential units
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with solar panels, a new roof, and a varied bedroom mix.
Where is this apartment building located?
The property is located at 126 Jamestown Stockton, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 50‑unit apartment community on 1.92 acres; Unit mix includes 16 one‑bedroom, 30 two‑bedroom, and 4 three‑bedroom units; New roof installed in 2024
