Two-Unit Duplex with Hardwood
New
For Sale
$349,000
321 N Sierra Nevada Street, Stockton, CA 95205
A tenant-occupied one-bedroom unit sits below a vacant three-bedroom residence with an updated kitchen.
Property Size2,192 SF
Price / SF$159.22
Days on Market5
Property Features for 321 N Sierra Nevada Street
General Information
Standard status
Active
Size
2,192 SF
Total Parking Spaces
10
Property subtype
Residential Income
Zoning
R
Site & Location
Neighborhood
East Stockton
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Building Details
Building Size
2,192 SF
Year Built
1908
Buildings
1
Stories
2
Units
2
Listing Agency:
Liberty Realty Co.
9232400
Listed By:
Xavier A Pineda Vasquez Sr.
(916) 603-9815
Source:
Busybee
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:49PM
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 Liberty Realty Co.
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Investment Insights
Based on property information with market context.
This 2,192-square-foot duplex contains two distinct residences. The downstairs unit has one bedroom, one full bathroom, a living room, formal dining room, kitchen, and private laundry room; it is currently rented for $2,100 per month. The vacant upper unit includes three bedrooms and one full bathroom. An updated kitchen and hardwood floors are among the property’s interior features, and the building dates to 1908.
A private alley serves the property, while the mostly paved backyard provides parking for 10 cars. The site is located in Stockton, a few blocks from Constitution Park, with public transportation, grocery stores, restaurants, pharmacies, schools, and hospitals described as nearby.
A private alley serves the property, while the mostly paved backyard provides parking for 10 cars. The site is located in Stockton, a few blocks from Constitution Park, with public transportation, grocery stores, restaurants, pharmacies, schools, and hospitals described as nearby.
Key Highlights
- 2,192 square feet
- Built in 1908
- Two units: one with 1 bedroom and 1 full bathroom; the other with 3 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,898
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,960
$598.0K
Cap Rate 7%
$427,114
$427.1K
Cap Rate 9%
$332,200
$332.2K
Market Conditions
NOI Build-Up for 2,192 SF
Gross rent
$57.3K $26.16/SF
− Vacancy
−$3.0K −$1.36/SF
EGI
$54.4K $24.80/SF
− OpEx
−$24.5K −$11.16/SF
NOI
$29.9K $13.64/SF
Area
ZIP 95205
Vacancy
5.20%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,960
Cap Rate 7%
$427,114
Cap Rate 9%
$332,200
Alternative Uses
Best Use
Multifamily LT 5
$462.6K
$404.8K – $539.7K
NOI $32,381 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$427.1K
$373.7K – $498.3K
NOI $29,898 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$581.7K
$509.0K – $678.7K
NOI $40,719 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
Demographics for 95205, CA
40,720
Population
11,722
Households
3.5
Avg Household Size
30
Median Age
5%
College-Educated
56%
High-School Grad
9.0 sq mi
ZIP Area
4,524
Density / Sq Mi
$58,138
Median Household Income
$32,253
Median Earnings
$1,264
Median Rent
$288,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A tenant-occupied one-bedroom unit sits below a vacant three-bedroom residence with an updated kitchen.
Where is this duplex located?
The property is located at 321 N Sierra Nevada Street Stockton, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,192 square feet; Built in 1908; Two units: one with 1 bedroom and 1 full bathroom; the other with 3 bedrooms and 1 full bathroom
