8028 Albany Drive, Stockton, CA 95210
Well-maintained triplex offering three rented 2-bedroom, 1-bath units for residential income investors.
- Added:
- Jul 3, 2025
- Days on Market:
- 364
- Last Refresh:
- Jun 27 at 4:07 am
Property Features for 8028 Albany Drive
General Information
- Standard status
- Active
- Size
- 2,595 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1971
Listing office PMZ Real Estate (209) 761-1395
Listing date Jul 3, 2025
Source Exitrealty
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 PMZ Real Estate
HighLights
- Well‑maintained triplex built in 1971
- 3 fully occupied units, each with a 2‑bedroom, 1‑bath layout
- All units are currently rented to long‑term tenants
- Combined monthly rental income of $3,900
- Tenants are on month‑to‑month leases for flexibility
Overview
The property is located in Stockton’s 95210 area. According to the remarks, all tenants are on month-to-month leases, which can offer flexibility for an owner seeking fewer constraints than fixed-term arrangements.
For investors or buyers looking for residential income, the triplex configuration provides multiple income-producing units within a single property. With all units currently rented and noted as having a solid rental history, the asset may be a practical fit for someone aiming to add a small multifamily portfolio component without needing to re-tenant immediately after acquisition.
Local 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 | $57.6k | $22.20 |
| − Vacancy | −$2.4k | −$0.93 |
| EGI | $55.2k | $21.27 |
| − OpEx | −$16.6k | −$6.38 |
| NOI | $38.6k | $14.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.304431
- Latitude
- 38.0223322
