Residential Income Property with
701 W Bianchi Road Stockton, CA 95207
For Sale
$549,000
Pending
Front duplex and back modular home are leased, with additional rental and storage income on a large lot.
Property Size2,550 SF
Days on Market163
Property Features for 701 W Bianchi Road
General Information
- Standard status
- Pending
- Size
- 2,550 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1996
Listing Agency:
Diversified Asset and Property Management
(209) 603-1647
Listed By:
Ryan M. Regan · License #01435638
(209) 603-1647
Source:
Exitrealty
Added: Feb 11
Changed: Jul 23
Last Checked: Jul 23 at 3:52PM
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 Diversified Asset and Property Management
Investment Insights
Based on property information with market context.
This residential income property is configured with a duplex in the front and a large modular home in the back. All three units are currently rented, and the property also includes a mobile home that is paying storage onsite. The lot is described as large and includes an additional 3rd modular on the property that the seller indicates can be rehabbed and converted into a 4th rental.
Located at 701 W Bianchi Road in Stockton, CA 95207, the property is positioned for investors seeking multiple income sources within an unconventional setup. Current monthly gross income is stated as $5,900 per month.
The offering includes a mix of leased residential structures, with room for expansion based on the presence of the additional modular unit noted on-site.
Located at 701 W Bianchi Road in Stockton, CA 95207, the property is positioned for investors seeking multiple income sources within an unconventional setup. Current monthly gross income is stated as $5,900 per month.
The offering includes a mix of leased residential structures, with room for expansion based on the presence of the additional modular unit noted on-site.
Key Highlights
- Year built 1996—front duplex and back modular home are leased.
- $5,900/month current rental income with all three units rented.
- Property includes a duplex in front and a large modular home in back.
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 | $56.6k | $22.20 |
| − Vacancy | −$2.9k | −$1.15 |
| EGI | $53.7k | $21.05 |
| − OpEx | −$16.1k | −$6.31 |
| NOI | $37.6k | $14.73 |
2,550 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$536.7K
$469.6K – $626.1K
NOI $37,566 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$493.0K
$431.4K – $575.2K
NOI $34,512 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$846.3K
$740.5K – $987.4K
NOI $59,242 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Front duplex and back modular home are leased, with additional rental and storage income on a large lot.
Where is this triplex located?
The property is located at 701 W Bianchi Road Stockton, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Year built 1996—front duplex and back modular home are leased.; $5,900/month current rental income with all three units rented.; Property includes a duplex in front and a large modular home in back.
