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Duplex with Separate Utilities
For Sale
$350,000

1900 N El Dorado Street #1902, Stockton, CA 95204

Two distinct residences provide separate entry points and individually metered electricity.

Property Size2,008 SF
Price / SF$174.30
Days on Market77

Property Features for 1900 N El Dorado Street #1902

General Information

Standard status Active
Size 2,008 SF
Property subtype Duplex

Property Condition

Severity Repairs Needed
Evidence needs some updating and modernization

Site & Location

Neighborhood Weston Ranch/Van Buskirk

Units

Unit Mix 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

Central
Wall Furnace
Varies by Unit
Ceiling Fan(s)
Window Unit(s)
Varies By Unit
City, Sewer In & Connected, Solar, Natural Gas Connected, Shingle

Building Details

Year Built 1921
Buildings 1
Stories 2
Listing Agency: PMZ Real Estate
Listed By: Izumi Assauw · License #01904630
Source: Kw
Added: Aug 15 Changed: Oct 28 Last Checked: Oct 28 at 1:23PM

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 PMZ Real Estate

Rey
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Investment Insights

Based on property information with market context.

Located at 1900 N. El Dorado Street #1902 in Stockton, this 1921 duplex contains approximately 2,008 sq. ft. across two residences. The larger unit includes 3 bedrooms and 2 full baths, while the upstairs unit has 1 bedroom and 1 full bath. Each residence has its own entrance and electric meter, creating clear separation between the units.

A partial basement adds storage or flexible auxiliary space. Interior systems and finishes vary by unit and include central heating or cooling, wall furnaces, ceiling fans, and window units. The property is connected to city sewer, natural gas, and solar service. Its Central Stockton setting places the duplex near schools, shopping, local amenities, and transportation. Updating is needed, providing a defined renovation scope for a buyer seeking to modernize the residences.

Key Highlights

  • Approximately 2,008 sq. ft. of total living space
  • 3‑bedroom, 2‑full‑bath primary unit
  • Upstairs 1‑bedroom, 1‑full‑bath unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,111
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,220 $562.2K
Cap Rate 7%
$401,586 $401.6K
Cap Rate 9%
$312,344 $312.3K
Market Conditions
NOI Build-Up for 2,008 SF
Gross rent
$43.4K $21.60/SF
− Vacancy
−$3.2K −$1.60/SF
EGI
$40.2K $20.00/SF
− OpEx
−$12.0K −$6.00/SF
NOI
$28.1K $14.00/SF
Area
Stockton, CA
Vacancy
7.41%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,220
Cap Rate 7%
$401,586
Cap Rate 9%
$312,344

Alternative Uses

Best Use
Multifamily LT 5
$401.6K
$351.4K – $468.5K (±1% cap)
NOI $28,111 @ 7.0% cap · market cap 8.03%
Second Best
Apartment 5plus
$349.1K
$305.5K – $407.3K (±1% cap)
NOI $24,438 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$543.0K
$475.1K – $633.5K (±1% cap)
NOI $38,011 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

Demographics for 95204, CA

30,719
Population
12,354
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
84%
High-School Grad
5.3 sq mi
ZIP Area
5,796
Density / Sq Mi
$71,792
Median Household Income
$42,361
Median Earnings
$1,381
Median Rent
$358,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences provide separate entry points and individually metered electricity.
Where is this duplex located?
The property is located at 1900 N El Dorado Street #1902 Stockton, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 2,008 sq. ft. of total living space; 3‑bedroom, 2‑full‑bath primary unit; Upstairs 1‑bedroom, 1‑full‑bath unit
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