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Property profile & analytics
OFF-MARKET
Estimated value
$2,425,000
Apartment buildings
418 California St Stockton, CA 95202-2136
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2213054
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1917
Construction
WOOD
Total area
15,392 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C3
APN
139-230-230-000
UPID
US09-2213054
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
$2.39M
CAP Approach
CAP
$2.88M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$2.43M
Owner & transaction history
Central Valley Housing Developers L · 1 yrs held
Central Valley Housing Developers L
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C3 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.8M
+94.6%
Industrial (general)
$2.6M
+32.6%
Auto repair, garage
$2.2M
+13.9%
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
$2,305,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
$3,120,000
6.5%
$2,880,000
7%
$2,675,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,950,000
Current use
MEDICAL BUILDING
$3,800,000
Change: +95% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,585,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,225,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$2.43M
Range $2.18M – $2.67M · ±10% · vs last sale $2.51M (May 19 2025)
Last sale anchor
$2.51M
May 19 2025
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
$158 / 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
$15,404
Tax year 2024
Assessed value
$1,231,529
Assessed 2024
Previous assessed
$1,231,529
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$100,395
Assessed improvement
$1,131,134
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
1917
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Bathrooms
34
Total area
15,392 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C3
APN
139-230-230-000
UPID
US09-2213054
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
C3 · Stockton, CA
Zoning C3 · permitted uses
C3 · 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
$2.0M
MEDICAL BUILDING
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1917
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
4
Bathrooms
34
Lot
0.17 ac
Current owner
From public records · entity-resolved
Central Valley Housing Developers L
Individual
Free & Clear · 1 yrs held
Mailing address
1906 POWELL ST APT #4, SAN FRANCISCO, CA 94133-2355
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
$2,505,000
Central Valley Housing Developers L
Gary P Jimenez
Grant Deed
—
May 15, 2018
—
Gary P Jimenez
—
Deed
related
$850,000 · Us Bank Trust Co NA
Feb 9, 2018
$1,225,000
Jimenez,gary P & Helen G Trust
J & E Real Estate LP
Grant Deed
—
Aug 21, 2014
—
J& E Real Estate LP
Multi State Investments INC
Grant Deed
$750,000 · Wells Fargo Bank NA
May 18, 2012
—
Multi State Investments INC
Kenneth C Wellman
Grant Deed
$491,000 · Sequoia Mortgage Capital INC
Jan 31, 1989
$365,500
Lawyers Asset Ma
Skobrak,charles
Trustees Deed
related
$225,000
Jan 31, 1989
$140,500
Wellman,kenneth
Lawyers,asset Ma
Trustees Deed
related
—
—
—
Kenneth C Wellman
—
Deed Of Trust
related
$65,000 · Individual
—
—
Multi State Investments INC
—
Deed Of Trust
related
$600,000 · Safe FCU
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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