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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Apartment buildings
621 Monroe St Stockton, CA 95203-2838
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3168250
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
4,960 SF
Lot
0.17 ac (7,500 SF)
Zoning code
RL
APN
137-201-090-000
UPID
US10-3168250
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
$930k
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$850k
Owner & transaction history
Mohamed B Bandali · 8 yrs held
Mohamed B Bandali
since 2018
7 recorded transactions
Zoning & alternative use
RL · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+68.1%
Office building
$915,000
+25.7%
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%
$1,005,000
6.5%
$930,000
7%
$860,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$730,000
Current use
MEDICAL BUILDING
$1,225,000
Change: +68% · Conversion: Moderate
OFFICE BUILDING
$915,000
Change: +26% · Conversion: Moderate
COMMERCIAL (GENERAL)
$725,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$715,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$171 / 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
$11,155
Tax year 2024
Assessed value
$900,529
Assessed 2024
Previous assessed
$900,529
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$111,550
Assessed improvement
$788,979
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
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 (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
2
Bathrooms
10
Total area
4,960 SF
Lot
0.17 ac (7,500 SF)
Zoning code
RL
APN
137-201-090-000
UPID
US10-3168250
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
RL · Stockton, CA
Zoning RL · permitted uses
RL · 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
$730,000
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$915,000
COMMERCIAL (GENERAL)
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
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
1964
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Bathrooms
10
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mohamed B Bandali
Individual
Free & Clear · 8 yrs held
Mailing address
16525 FARVUE LN, LOS GATOS, CA 95030-4160
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 4, 2018
$807,500
Mohamed B Bandali
Gabriana Ents LLC
Grant Deed
—
Nov 30, 2005
—
Gabriana Ents LLC
Savell,keith
Grant Deed
—
Oct 12, 2005
—
Keith Savell
Hull Family Properties LLC
Grant Deed
$472,500 · Washington Mutual Bank
Mar 20, 1998
$104,838
American Savings Bank
Moezzi,jane
Trustees Deed
related
—
Jun 1, 1989
$225,000
First Exchange C
Stockton,monroe
Trustees Deed
related
$5,500
Jun 1, 1989
$102,500
Moezzi,jane
First Exchange C
Trustees Deed
related
—
—
—
Jane Moezzi
—
Deed Of Trust
related
$18,000 · Individual
—
—
Jane Moezzi
—
Deed Of Trust
related
$14,000 · Vandyke John
—
—
Jane Moezzi
—
Deed Of Trust
related
$157,500 · American Savings Bank
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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