6-Unit Remodeled Apartment
For Sale
$780,000
145 W Flora St, Stockton, CA 95202
Remodeled multifamily asset with a six-unit configuration and varied floor plans.
Property Size3,648 SF
Price / SF$213.82
Days on Market134
Property Features for 145 W Flora St
General Information
Standard status
Active
Size
3,648 SF
Property subtype
Residential Income
Financials
Cap Rate
7.74%
Gross Income
$98,040
Units
Unit Mix
1 x 2BR, 4 x 1BR, 1 x studio
Multifamily Units
6
Listing Agency:
Beverly & Company Luxury Properties
(818) 382-4160
Listed By:
Sheree Thiel · License #02003064
(818) 679-3756
Source:
Exprealty
Added: Jun 5
Changed: Oct 6
Last Checked: Oct 16 at 9:34AM
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 Beverly & Company Luxury Properties
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Investment Insights
Based on property information with market context.
This remodeled apartment property contains six units across 3,648 square feet. The unit mix includes two one-bedroom residences, four one-bedroom residences, and one studio, providing a combination of layouts within the same building.
Located at 145 W Flora St in Stockton, California, the property is offered for sale as a multifamily asset. The reported cap rate is 7.74%, giving the property a defined income-oriented profile.
Located at 145 W Flora St in Stockton, California, the property is offered for sale as a multifamily asset. The reported cap rate is 7.74%, giving the property a defined income-oriented profile.
Key Highlights
- Six‑unit apartment property totaling 3,648 square feet
- Remodeled multifamily building
- Unit mix includes 2 two‑bedroom units, 4 one‑bedroom units, and 1 studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,398
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,960
$888.0K
Cap Rate 7%
$634,257
$634.3K
Cap Rate 9%
$493,311
$493.3K
Market Conditions
NOI Build-Up for 3,648 SF
Gross rent
$87.6K $24.00/SF
− Vacancy
−$6.8K −$1.87/SF
EGI
$80.7K $22.13/SF
− OpEx
−$36.3K −$9.96/SF
NOI
$44.4K $12.17/SF
Area
Stockton, CA
Vacancy
7.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,960
Cap Rate 7%
$634,257
Cap Rate 9%
$493,311
Alternative Uses
Best Use
Apartment 5plus
$634.3K
$555.0K – $740.0K
NOI $44,398 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$986.5K
$863.2K – $1.15M
NOI $69,055 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,654
Businesses Nearby
Explore this area
Business Placement
Demographics for 95202, CA
6,949
Population
3,999
Households
1.7
Avg Household Size
38
Median Age
17%
College-Educated
70%
High-School Grad
1.1 sq mi
ZIP Area
6,317
Density / Sq Mi
$23,954
Median Household Income
$31,879
Median Earnings
$864
Median Rent
$322,300
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 - Remodeled multifamily asset with a six-unit configuration and varied floor plans.
Where is this apartment building located?
The property is located at 145 W Flora St Stockton, CA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Six‑unit apartment property totaling 3,648 square feet; Remodeled multifamily building; Unit mix includes 2 two‑bedroom units, 4 one‑bedroom units, and 1 studio
