Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,045,000
Apartment buildings
5358 Carrington Cir Stockton, CA 95210-3592
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0315781
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1988
Construction
WOOD
Total area
22,592 SF
Lot
1.05 ac (45,931 SF)
Zoning code
R3B
APN
104-070-390-000
UPID
US09-0315781
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
Current use
Occupant on record · Public records
-
Jaime Castellanos - Thrivent Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$2.05M
Owner & transaction history
Carrington Circle Apartments LP · 10 yrs held
Carrington Circle Apartments LP
since 2015
7 recorded transactions
Zoning & alternative use
R3B · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+4.1%
Auto repair, garage
$3.3M
+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)
$3,175,000
Current use
COMMERCIAL (GENERAL)
$3,305,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,260,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.05M
Range $1.84M – $2.25M · ±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
$91 / 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
$874
Tax year 2024
Assessed value
$1,182,632
Assessed 2024
Previous assessed
$1,182,632
+0.0% YoY
Effective rate
0.07%
On assessed value
Assessed land
$306,391
Assessed improvement
$876,241
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
1988
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
30
Bathrooms
30
Total area
22,592 SF
Lot
1.05 ac (45,931 SF)
Zoning code
R3B
APN
104-070-390-000
UPID
US09-0315781
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
$3.2M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
30
Bathrooms
30
Lot
1.05 ac
Current owner
From public records · entity-resolved
Carrington Circle Apartments LP
Entity
Mailing address
315 N SAN JOAQUIN ST, STOCKTON, CA 95202-2029
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2015
$1,743,818
Carrington Circle Apartments LP
Diamond Cove Associates
Grant Deed
$6,279,211 · Compass Bank
Jan 19, 2000
—
Diamond Cove Associates
Stockton Pleasant View Assoc
Grant Deed
$2,650,000 · Wells Fargo Bank
Dec 31, 1999
—
Pleasant View Assoc Stockton
—
Deed Of Trust
related
$1,243,825 · Stockton City (ca)
May 28, 1999
$1,800,500
Pleasant View Associates
Verner,john T & Kathleen M
Grant Deed
$950,000 · Bank Of Stockton
Feb 11, 1999
$7,000
John T Verner
Patton,charles E & Dovie M
Grant Deed
related
—
Oct 24, 1991
—
John Verner
—
Deed Of Trust
related
—
—
—
Diamond Cove Associates
—
Deed Of Trust
related
$950,000 · California Community Reinv Co
—
—
First Santa Clara Corp
—
Deed Of Trust
related
$240,000 · Bank Of The West
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 5358 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.
