Corner-Lot Duplex with 2BR/1BA
304 Cordova Lane Stockton, CA 95207
New
304 Cordova Lane, Stockton, CA, 95207
$385,000
For Sale
$385,000
Each unit offers a two-bedroom, one-bath layout on a corner-lot duplex property.
Property Size900 SF
Price / SF$427.78
Days on Market3
Property Features for 304 Cordova Lane
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1964
Listing Agency
PMZ Real Estate
(209) 747-4057
Listed by
Marissa M Basilio · License #02211121
(209) 747-4057
Source
Exitrealty
Added: Jul 16 Checked: Jul 18 at 2:07 am
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
Investment Insights
Based on property information with market context.
This corner-lot duplex at 304 Cordova Lane features two residential units. Each unit is laid out with two bedrooms and one bathroom, providing a straightforward configuration for rental income or owner-occupancy.
The property is described as being just off El Dorado Street near St. Mary’s High School, with convenient access to shopping, dining, schools, parks, and major commuter routes while remaining in an established neighborhood.
As presented, the duplex offers an easily understood unit mix and an ownership structure suited to investors looking for rental income or owner-occupants who want to offset housing costs with an additional unit.
The property is described as being just off El Dorado Street near St. Mary’s High School, with convenient access to shopping, dining, schools, parks, and major commuter routes while remaining in an established neighborhood.
As presented, the duplex offers an easily understood unit mix and an ownership structure suited to investors looking for rental income or owner-occupants who want to offset housing costs with an additional unit.
Key Highlights
- Corner‑lot duplex built in 1964
- Each unit features a 2‑bedroom, 1‑bath layout
- Location just off El Dorado Street near St. Mary's High School
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 | $20.0k | $22.20 |
| − Vacancy | −$1.0k | −$1.15 |
| EGI | $18.9k | $21.05 |
| − OpEx | −$5.7k | −$6.31 |
| NOI | $13.3k | $14.73 |
900 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$189.4K
$165.7K – $221.0K
NOI $13,259 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$174.0K
$152.3K – $203.0K
NOI $12,181 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$298.7K
$261.4K – $348.5K
NOI $20,909 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Each unit offers a two-bedroom, one-bath layout on a corner-lot duplex property.
Where is this duplex located?
The property is located at 304 Cordova Lane Stockton, CA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Corner‑lot duplex built in 1964; Each unit features a 2‑bedroom, 1‑bath layout; Location just off El Dorado Street near St. Mary's High School
