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6-Unit Townhome-Style Apartment Building
For Sale
$988,000

3303 N Franklin Ave, Stockton, CA 95204

Commercial Sale, Stockton, CA

Property Size5,346 SF
Lot Size0.21 Acres
Price / SF$184.81
Days on Market87

Property Features for 3303 N Franklin Ave

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 10, Bathroom 6, Bathroom 1, Bedroom 8, Bedroom 5, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 5, Bedroom 6, Bathroom 7, Bedroom 12, Bedroom 9, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 11, Bathroom 8, Bedroom 3, Bedroom 2
Parking features Carport
Lot features Level
Directions W. Alpine>N. Franklin
Subdivision Listing
Standard status Active
APN 111110080000
Size 5,346 SF
Lot size 0.21 Acres

Utilities

Heating system Electric (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1966
Number of units 6
Flooring type Carpet, Tile, Linoleum
Building materials Wood
Listing Agency: RE/MAX Accord · RE/MAX International
Listed By: Matt Irvin
Added: Jul 20 Changed: Oct 6 Last Checked: Oct 14 at 5:06PM
MLS# 41142175

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This six-unit apartment property in Stockton presents townhome-style residences, each configured with 3 bedrooms and 1.5 baths. The 5,346-square-foot building was constructed in 1966 on a 0.2077-acre lot, with wood construction, linoleum, carpet, and tile flooring. Heating is electric, cooling is provided by wall or window units, and carport parking is included. A new roof was installed in 2019, and the property is served by public water.

The complex is situated in Stockton’s Country Club / Pacific area, within walking distance of local stores, UOP, and Delta College. Bus lines are nearby, and I-5 is readily accessible. Reported gross annual rents reflect a GRM of 10.

Key Highlights

  • 6‑unit apartment complex with townhome‑style residences
  • Each unit includes 3 bedrooms and 1.5 baths
  • 5,346 square feet on a 0.2077‑acre lot

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 (±1% cap)
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 (±1% cap)
NOI $101,198 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Parking Lot & Garage Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Every residence includes three bedrooms and one-and-a-half baths, with access to nearby schools, stores, transit, and I-5.
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: 6‑unit apartment complex with townhome‑style residences; Each unit includes 3 bedrooms and 1.5 baths; 5,346 square feet on a 0.2077‑acre lot
More about this property
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