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 Market150
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
Site & Location
Neighborhood
Downtown
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 25
Last Checked: Oct 30 at 6:01PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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
