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Property profile & analytics
FOR LEASE
Apartment buildings
1680 S Union St Stockton, CA 95206
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3623708
For Lease
$13,000/Mo
1680 S Union St, Stockton, CA 95206
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1955
Total area
5,692 SF
Lot
0.72 ac (31,336 SF)
APN
169-040-220-000
UPID
US09-3623708
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
$1.08M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.03M
Owner & transaction history
Martin Hernandez · 4 yrs held
Martin Hernandez
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+102.7%
Medical building
$1.4M
+75.7%
Office building
$1.1M
+31.4%
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%
$1,165,000
6.5%
$1,075,000
7%
$1,000,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$800,000
Current use
RESTAURANT
$1,620,000
Change: +103% · Conversion: Difficult
MEDICAL BUILDING
$1,405,000
Change: +76% · Conversion: Moderate
OFFICE BUILDING
$1,050,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$835,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$820,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$680,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$181 / 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
$27,893
Tax year 2024
Assessed value
$1,447,469
Assessed 2024
Previous assessed
$1,447,469
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$332,381
Assessed improvement
$1,115,088
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
For Lease
Year built
1955
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Units
17
Rooms
87
Bathrooms
18
Total area
5,692 SF
Lot
0.72 ac (31,336 SF)
APN
169-040-220-000
UPID
US09-3623708
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$800,000
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$820,000
INDUSTRIAL (GENERAL)
Est. value
$680,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
1955
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Units
17
Rooms
87
Bathrooms
18
Lot
0.72 ac
Current owner
From public records · entity-resolved
Martin Hernandez
Individual
Mailing address
9231 WALNUT ST, OAKLAND, CA 94603-1535
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2022
—
Martin Hernandez
Martin Hernandez
Intrafamily Transfer
related
$525,000 · Fahmi Alsumeri
Mar 10, 2021
—
Martin Hernandez
—
Deed
related
$50,500 · Fahmi Alsumeri
Apr 21, 2020
—
Martin Hernandez
Security Eat 320 INC
Grant Deed
—
Sep 30, 2019
$1,350,000
Martin Hernandez
Epona Holdings LLC
Grant Deed
$775,000 · Fahmi Alsumeri
Jun 6, 2019
—
Epona Holdings LLC
Epona Investment Group LLC
Quit Claim Deed
—
Apr 25, 2019
—
Epona Investment Group LLC
—
Grant Deed
related
$1,146,481 · Wei Feng
Aug 16, 2018
—
Epona Investment Group LLC
—
Grant Deed
related
$2,300,000 · Qualfax INC
Nov 23, 2015
—
Epona Investment Group LLC
—
Trustees Deed
related
$145,000 · Maximus Lending Fund IV LLC Maximus Lending Fund IV LLC
Nov 16, 2015
—
Epona Investment Group LLC
—
Trustees Deed
related
$550,000 · Maximus Lending Funding IV LLC Maximus Lending Funding IV LLC
Oct 31, 2014
$130,664
Epona Investments Group LLC
Singh,narinder
Deed In Lieu Of Foreclosure
related
—
Aug 15, 2013
—
Narinder Singh
Lal Real Estate & Dev LLC
Grant Deed
$125,000 · Lal Real Estate & Dev LLC
—
—
Epona Investment Group LLC
—
Deed Of Trust
related
$250,000 · Jian Feng
—
—
Lal Real Estate & Dev LLC
—
Deed Of Trust
related
$250,000 · Laurie Capitelli Solo 401k
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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