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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Apartment buildings
1139 California St Stockton, CA 95206-1458
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2511385
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1969
Construction
WOOD
Total area
8,244 SF
Lot
0.23 ac (10,000 SF)
Zoning code
R3B
APN
147-204-090-000
UPID
US10-2511385
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$915k
Blend (final)
Blend
$760k
Owner & transaction history
Shelan California Properties LP · 2 yrs held
Shelan California Properties LP
since 2023
7 recorded transactions
Zoning & alternative use
R3B · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+4.1%
Auto repair, garage
$1.2M
+2.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Stockton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,160,000
Current use
COMMERCIAL (GENERAL)
$1,205,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,190,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$985,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,951
Tax year 2024
Assessed value
$301,441
Assessed 2024
Previous assessed
$301,441
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$62,798
Assessed improvement
$238,643
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
12
Bathrooms
12
Total area
8,244 SF
Lot
0.23 ac (10,000 SF)
Zoning code
R3B
APN
147-204-090-000
UPID
US10-2511385
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
R3B · Stockton, CA
Zoning R3B · permitted uses
R3B · Stockton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$985,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
12
Bathrooms
12
Lot
0.23 ac
Current owner
From public records · entity-resolved
Shelan California Properties LP
Entity
Free & Clear · 2 yrs held
Mailing address
1250 WIKIUP DR, SANTA ROSA, CA 95403-1347
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
—
Shelan California Properties LP
Ronald Shelan
Intrafamily Transfer
related
—
Mar 28, 2014
—
Shelan Family 2011 Trust
Shelan,ronald S & Lillian F
Quit Claim Deed
related
$1,500,675 · Bank Of Stockton
Mar 23, 2011
—
Ronald S Shelan
Crp Properties INC
Grant Deed
—
Sep 21, 2010
$351,772
Crp Properties INC
California Reconveyance Co
Trustees Deed
related
—
Jan 8, 2010
—
Russell D Harris
Owner Name Unavailable
Grant Deed
related
—
Dec 9, 2008
—
Russell D Harris
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 23, 2007
—
Russell D Harris
Harris,russell D
Quit Claim Deed
related
—
Aug 14, 2007
—
Russell D Harris
Linda Thrower
Grant Deed
$350,000 · Washington Mutual Bank
Mar 9, 1993
—
Russell D Etal Harris
—
Deed Of Trust
related
—
—
—
Steven D Harris
—
Deed Of Trust
related
$198,000 · Capitol Thrift & Loan
—
—
Russell D Harris
—
Deed Of Trust
related
$65,000 · Stockton Mortgage
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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