Stockton Multifamily Investment
545 North California Street Stockton, CA 95202
545 North California Street, Stockton, CA, 95202
$1,950,000
For Sale
$1,950,000
20-unit multifamily property near downtown Stockton with high cash flow.
Property Size11,518 SF
Lot Size0.23 Acres
Price / SF$169.30
Days on Market127
Property Features for 545 North California Street
General Information
- Standard status
- Active
- Size
- 11,518 SF
- Lot size
- 0.23 Acres
- Property subtype
- Residential Income / 5 or More Units
Building Details
- Year Built
- 1914
Listing Agency
Haylen
(408) 800-5478
Listed by
Helen Chong · License #01700495
(408) 800-5478
Source
Compass
Added: Mar 13 Checked: Jul 15 at 9:47 pm
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 Haylen
Investment Insights
Based on property information with market context.
This 20-unit multifamily property is located near downtown Stockton. The property features a desirable unit mix of four 2-bedroom units, six 1-bedroom units, and ten studio units. The property consists of two buildings totaling 11,518 square feet, situated on a 10,000 square foot corner lot. The location provides convenient access to nearby retail and employment opportunities. On-site parking is available, along with ample street parking and close proximity to public transportation. This property is part of a portfolio sale, and investors may select properties individually or in bulk. Other properties in the portfolio include locations in Stockton, San Pablo, Oakland, and Antioch.
Key Highlights
- Historically high cash flow producing property with proforma 10%+ cap rate.
- 20‑unit multi‑family near downtown Stockton.
- Desirable unit mix: four 2 bedrooms, six 1 bedroom, and ten studios.
Local Financial Insights For Apartment 5plus
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 | $276.4k | $24.00 |
| − Vacancy | −$21.6k | −$1.87 |
| EGI | $254.9k | $22.13 |
| − OpEx | −$114.7k | −$9.96 |
| NOI | $140.2k | $12.17 |
11,518 SF · lease $24.00/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.00M
$1.75M – $2.34M
NOI $140,179 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.11M
$2.73M – $3.63M
NOI $218,032 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J M Properties
Real Estate Agency
SunShineNDeed
Information Bureau
B.A.M customs
Clothes Market
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 20-unit multifamily property near downtown Stockton with high cash flow.
Where is this apartment building located?
The property is located at 545 North California Street Stockton, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Historically high cash flow producing property with proforma 10%+ cap rate.; 20‑unit multi‑family near downtown Stockton.; Desirable unit mix: **four 2 bedrooms, six 1 bedroom, and ten studios.**
