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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Apartment buildings
640 Filbert St Stockton, CA 95205-4666
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1113050
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Construction
TILT-UP CONCRETE
Total area
5,184 SF
Lot
1.69 ac (73,743 SF)
Zoning code
R2
APN
143-080-330-000
UPID
US09-1113050
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
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$605k
Owner & transaction history
Bhupinder Dhami · 2 yrs held
Bhupinder Dhami
since 2023
Last sale
$605,000
5 recorded transactions
Zoning & alternative use
R2 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$955,000
+6.4%
Commercial (general)
$935,000
+3.8%
Auto repair, garage
$915,000
+1.6%
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
$595,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$900,000
Current use
OFFICE BUILDING
$955,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$935,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$915,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$880,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $605k (Oct 4 2023)
Last sale anchor
$605k
Oct 4 2023
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
$117 / 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
$2,606
Tax year 2024
Assessed value
$150,671
Assessed 2024
Previous assessed
$150,671
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$60,268
Assessed improvement
$90,403
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 (5+ UNITS)
Status
Off-Market
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
2
Units
5
Bathrooms
6
Total area
5,184 SF
Lot
1.69 ac (73,743 SF)
Zoning code
R2
APN
143-080-330-000
UPID
US09-1113050
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
R2 · Stockton, CA
Zoning R2 · permitted uses
R2 · 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
$900,000
OFFICE BUILDING
Est. value
$955,000
COMMERCIAL (GENERAL)
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$915,000
INDUSTRIAL (GENERAL)
Est. value
$880,000
APARTMENT HOUSE (5+ UNITS) Current
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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
5
Bathrooms
6
Lot
1.69 ac
Current owner
From public records · entity-resolved
Bhupinder Dhami
Individual
Mailing address
640 N FILBERT ST, STOCKTON, CA 95205-4666
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
$605,000
Bhupinder Dhami
Marilyn L Burns
Grant Deed
$393,250 · Bank Of Stockton
Oct 4, 2023
—
Paramjit Sandhu
Darshan K Sandhu
Intrafamily Transfer
related
—
May 13, 2015
—
Marilyn L Burns
Burns Donald E
Affidavit Of Death
related
—
Nov 12, 1999
—
Burns Trust
Burns,donald E & Marilyn L
Quit Claim Deed
related
—
Sep 1, 1999
$100,000
Donald E Burns
Bowles,catherine G
Grant Deed
$75,000 · Seller
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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