Contiguous Duplexes with
1915 W Mendocino Avenue Stockton, CA 95204
1915 W Mendocino Avenue, Stockton, CA, 95204
$899,950
For Sale
$899,950
Two contiguous duplexes are offered together, featuring hardwood floors and an on-site shared laundry room.
Property Size3,454 SF
Price / SF$260.55
Days on Market133
Property Features for 1915 W Mendocino Avenue
General Information
- Standard status
- Active
- Size
- 3,454 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1953
Listing agency
RE/MAX Gold Woodland
(530) 304-5304
Listed by
Byron E. MacConnell · License #01999857
(530) 304-5304
Source
Exitrealty
Added: Mar 12 Updated: Jul 21 at 12:53PM Checked: Jul 22 at 6:27AM
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 RE/MAX Gold Woodland
Investment Insights
Based on property information with market context.
The sale includes two contiguous duplexes being sold together. The property features lovely hardwood floors throughout. Each unit has its own garage, providing convenient off-street parking for residents.
A shared laundry room serves all units, consolidating common-area laundry access. The duplexes are presented as a combined offering for buyers looking to acquire multiple residential income units in one package.
A shared laundry room serves all units, consolidating common-area laundry access. The duplexes are presented as a combined offering for buyers looking to acquire multiple residential income units in one package.
Key Highlights
- Two contiguous duplexes sold together
- Year built: 1953
- Hardwood floors throughout
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.6k | $21.60 |
| − Vacancy | −$5.5k | −$1.60 |
| EGI | $69.1k | $20.00 |
| − OpEx | −$20.7k | −$6.00 |
| NOI | $48.4k | $14.00 |
3,454 SF · lease $21.60/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$690.8K
$604.4K – $805.9K
NOI $48,355 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$600.5K
$525.5K – $700.6K
NOI $42,037 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$934.0K
$817.3K – $1.09M
NOI $65,383 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two contiguous duplexes are offered together, featuring hardwood floors and an on-site shared laundry room.
Where is this duplex located?
The property is located at 1915 W Mendocino Avenue Stockton, CA.
What is the asking price?
The asking price for this property is $899,950.
What are key features of this property?
This property features: Two contiguous duplexes sold together; Year built: 1953; Hardwood floors throughout
