Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,995,000
Apartment buildings
5323 Carrington Cir Stockton, CA 95210-3597
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3008308
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1989
Construction
WOOD
Total area
28,595 SF
Lot
1.3 ac (56,838 SF)
Zoning code
R3B
APN
104-070-430-000
UPID
US10-3008308
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
$5.00M
CAP Approach
CAP
$6.05M
Comparable Approach
Comparable
$4.57M
Blend (final)
Blend
$5.00M
Owner & transaction history
Rln Properties LLC · 1 yrs held
Rln Properties LLC
since 2024
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
R3B · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.1M
+102.7%
Medical building
$7.1M
+75.7%
Office building
$5.3M
+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
$4,995,000
ML approach
$4,995,000
CAP Approach
CAP Return
Estimation
6%
$6,555,000
6.5%
$6,050,000
7%
$5,615,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,015,000
Current use
RESTAURANT
$8,140,000
Change: +103% · Conversion: Difficult
MEDICAL BUILDING
$7,055,000
Change: +76% · Conversion: Moderate
OFFICE BUILDING
$5,275,000
Change: +31% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,805,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,185,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,130,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$5.00M
Range $4.50M – $5.49M · ±10% · vs last sale $5.00M (Sep 26 2024)
Last sale anchor
$5.00M
Sep 26 2024
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
$175 / 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
$40,550
Tax year 2024
Assessed value
$3,240,261
Assessed 2024
Previous assessed
$3,240,261
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$412,394
Assessed improvement
$2,827,867
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
1989
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
38
Bathrooms
38
Total area
28,595 SF
Lot
1.3 ac (56,838 SF)
Zoning code
R3B
APN
104-070-430-000
UPID
US10-3008308
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
$4.0M
RESTAURANT
Est. value
$8.1M
MEDICAL BUILDING
Est. value
$7.1M
OFFICE BUILDING
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (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
1989
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
38
Bathrooms
38
Lot
1.3 ac
Current owner
From public records · entity-resolved
Rln Properties LLC
Entity
Mailing address
5342 CLARK RD #3108, SARASOTA, FL 34233-3227
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
$4,995,000
Rln Properties LLC
Steven M Oda
Grant Deed
$4,700,000 · Ubank
Sep 30, 2014
$2,750,000
Steven M Oda
Jim D Petropoulos
Grant Deed
$1,410,964 · Fremont Bank
Jul 13, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 29, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 18, 2009
—
Jim D Petropoulos
Carrington Square Apartments
Quit Claim Deed
related
—
Mar 6, 2006
$2,950,000
Carrington Square Apartments
Corona Del Carmel LLC
Grant Deed
related
—
Jan 27, 2005
—
Corona Del Carmel LLC
First Stockton-ca Invs LLC
Grant Deed
—
Mar 11, 2003
—
Stockton-ca Investments First
Williams,eugene J
Grant Deed
related
$1,900,000 · Gmac Commercial Mortgage Corp
Mar 13, 1998
$67,000
Williams,eugene J
Harker,dennis T & Kimberly
Trustees Deed
related
—
Mar 13, 1998
$112,000
Williams,eugene J
Harker,dennis T
Trustees Deed
related
—
Sep 12, 1997
—
Eugene J Williams
Williams,eugene J
Quit Claim Deed
related
—
Sep 12, 1997
$720,000
Williams,e J
Boyes Trust
Trustees Deed
$750,000 · G C Investos Xvi
Mar 15, 1993
—
Boyes,harold A & Dolores E Tr
—
Deed Of Trust
related
—
—
—
Boyes Harold A
—
Deed Of Trust
related
$210,000 · World Savings & Loan
—
—
Eugene J Williams
—
Deed Of Trust
related
$806,000 · Bank Of America
—
—
Petropoulos Jim D Living Trust
—
Deed Of Trust
related
$1,447,000 · Fremont Bank
—
—
Eugene J Wiliams
—
Deed Of Trust
related
$2,100,000 · G C Investors
—
—
Petropoulos,jim D Living Trust
—
Deed Of Trust
related
$235,000 · Jack Childs
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5323 Carrington Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
