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Property profile & analytics
OFF-MARKET
Estimated value
$3,020,000
Apartment buildings
6408 Morgan Pl Stockton, CA 95219-3967
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2901372
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1972
Construction
WOOD
Total area
34,636 SF
Lot
1.65 ac (71,874 SF)
Zoning code
65
APN
100-290-150-000
UPID
US10-2901372
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
-
Lincoln Village West Apartment Building
-
Transformative Consulting LLC Consultant
-
Nutrition & Harmony Pharmacy (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.02M
Owner & transaction history
Lvw Apartments LLC · 14 yrs held
Lvw Apartments LLC
since 2011
7 recorded transactions
Zoning & alternative use
65 · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.0M
+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)
$4,865,000
Current use
AUTO REPAIR, GARAGE
$5,000,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$3.02M
Range $2.72M – $3.32M · ±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
$87 / 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
$106,406
Tax year 2024
Assessed value
$3,263,351
Assessed 2024
Previous assessed
$3,263,351
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$861,987
Assessed improvement
$2,401,364
Applied tax rate
95.0000
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
1972
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
64
Bathrooms
64
Total area
34,636 SF
Lot
1.65 ac (71,874 SF)
Zoning code
65
APN
100-290-150-000
UPID
US10-2901372
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
65 · Stockton, CA
Zoning 65 · permitted uses
65 · 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
$4.9M
AUTO REPAIR, GARAGE
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1972
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
64
Bathrooms
64
Lot
1.65 ac
Current owner
From public records · entity-resolved
Lvw Apartments LLC
Entity
Mailing address
3525 W BENJAMIN HOLT DR, STOCKTON, CA 95219-3403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2011
—
Lvw Apartments LLC
Fremont Bk
Grant Deed
$3,720,000 · Fremont Bank
Nov 10, 2008
$762,779
Fremont Bk
Wt Capital Lender Svcs
Trustees Deed
related
—
May 8, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
—
Aug 23, 2006
—
Samuel Barajas-farias
Baraja-farias,samuel
Quit Claim Deed
related
$1,625,000 · Fremont Bank
May 29, 2003
—
William M Kucich
Kucich,kathleen
Quit Claim Deed
related
$779,000 · Capri Capital Finance LLC
Jan 28, 2003
$400,000
William M Kucich
Kucich,frank & Lynn M
Grant Deed
related
—
Nov 27, 2001
—
Frank Kucich
Kucich Enterprises
Quit Claim Deed
related
—
Mar 31, 1997
$2,225,000
Kucich Enterprises
Midwest First Financial LP III
Grant Deed
—
Feb 21, 1996
—
Midwest First Financial Ltd Ptp
—
Deed Of Trust
related
—
Jul 1, 1994
—
Delta Property Administration
Patmon,charles G
Grant Deed
related
—
Dec 28, 1989
—
Property A Delta
Patmon,charles G
Grant Deed
related
—
—
—
Lvw Apartments LLC
—
Deed Of Trust
related
$3,720,000 · Walker & Dunlop
—
—
Samuel Baraja-farias
—
Deed Of Trust
related
$200,000 · Suraj P Puri
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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