Contiguous Duplex
1921 W Mendocino Avenue Stockton, CA 95204
For Sale
$899,950
Two contiguous duplexes are offered together, featuring hardwood floors, individual garages, and a shared laundry room.
Property Size3,454 SF
Price / SF$260.55
Days on Market135
Property Features for 1921 W Mendocino Avenue
General Information
- Standard status
- Active
- Size
- 3,454 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1954
Listing Agency:
RE/MAX Gold Woodland
(530) 304-5304
Listed By:
Byron E. MacConnell · License #01999857
(530) 304-5304
Source:
Exitrealty
Added: Mar 12
Changed: Jul 23
Last Checked: Jul 24 at 6:16AM
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.
This offering includes two contiguous duplexes sold together. The properties feature hardwood floors throughout and provide each unit with its own garage. A shared laundry room services all units across the duplexes.
As a residential income configuration, the asset provides a straightforward duplex layout with practical on-site storage via dedicated garages and centralized laundry access through the shared room.
The combined structure is presented as a single package sale, giving an investor the opportunity to acquire both duplexes in one transaction.
As a residential income configuration, the asset provides a straightforward duplex layout with practical on-site storage via dedicated garages and centralized laundry access through the shared room.
The combined structure is presented as a single package sale, giving an investor the opportunity to acquire both duplexes in one transaction.
Key Highlights
- Two contiguous duplexes are being sold together.
- Each unit features hardwood floors.
- Each unit has its own garage.
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
FAQs
What type of property is this?
Duplex - Two contiguous duplexes are offered together, featuring hardwood floors, individual garages, and a shared laundry room.
Where is this duplex located?
The property is located at 1921 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 are being sold together.; Each unit features hardwood floors.; Each unit has its own garage.
