Apartment Building with
New
For Sale
$988,000
3303 N Franklin Ave, Stockton, CA 95204
Carport parking accompanies wall/window units and electric interior features.
Property Size5,346 SF
Price / SF$184.81
Days on Market3
Property Features for 3303 N Franklin Ave
General Information
Standard status
Active
Size
5,346 SF
Property subtype
Residential Income
Amenities
Wall/Window Unit(s)
Electric
Carport
Building Details
Building Size
5,346 SF
Year Built
1966
Listing Agency:
RE/MAX Accord
Listed By:
Matt Irvin
(925) 300-5855
Source:
Evrealestate
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 6:39AM
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 Accord
Investment Insights
Based on property information with market context.
Built in 1966, this apartment building contains 5,346 square feet and includes carport parking. Interior features include wall/window units and electric equipment.
The property is located at 3303 N. Franklin Ave in Stockton, California.
The property is located at 3303 N. Franklin Ave in Stockton, California.
Key Highlights
- 5,346‑square‑foot apartment building
- Built in 1966
- Carport parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,063
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,260
$1.3M
Cap Rate 7%
$929,471
$929.5K
Cap Rate 9%
$722,922
$722.9K
Market Conditions
NOI Build-Up for 5,346 SF
Gross rent
$128.3K $24.00/SF
− Vacancy
−$10.0K −$1.87/SF
EGI
$118.3K $22.13/SF
− OpEx
−$53.2K −$9.96/SF
NOI
$65.1K $12.17/SF
Area
Stockton, CA
Vacancy
7.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,260
Cap Rate 7%
$929,471
Cap Rate 9%
$722,922
Alternative Uses
Best Use
Apartment 5plus
$929.5K
$813.3K – $1.08M
NOI $65,063 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,198 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Carport parking accompanies wall/window units and electric interior features.
Where is this apartment building located?
The property is located at 3303 N Franklin Ave Stockton, CA.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: 5,346‑square‑foot apartment building; Built in 1966; Carport parking
