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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Apartment buildings
932 Porter Ave Stockton, CA 95207-4261
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0345462
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
3,088 SF
Lot
0.18 ac (7,928 SF)
Zoning code
R3B
APN
097-462-140-000
UPID
US09-0345462
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
$785k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$835k
Owner & transaction history
M & W Associates LLC · 1 yrs held
M & W Associates LLC
since 2025
Last sale
$875,000
7 recorded transactions
Zoning & alternative use
R3B · Stockton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$805,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$645,000
7%
$595,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$850,000
Current use
MEDICAL BUILDING
$760,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $875k (Feb 21 2025)
Last sale anchor
$875k
Feb 21 2025
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
$270 / 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
$4,778
Tax year 2024
Assessed value
$361,726
Assessed 2024
Previous assessed
$361,726
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$106,043
Assessed improvement
$255,683
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
1971
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
5
Bathrooms
5
Total area
3,088 SF
Lot
0.18 ac (7,928 SF)
Zoning code
R3B
APN
097-462-140-000
UPID
US09-0345462
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
$850,000
MEDICAL BUILDING
Est. value
$760,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
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
1971
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
5
Bathrooms
5
Lot
0.18 ac
Current owner
From public records · entity-resolved
M & W Associates LLC
Entity
Mailing address
25 PAQUITA ESPANA CT, MORGAN HILL, CA 95037-9309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
$875,000
M & W Associates LLC
Joel Ortega
Grant Deed
—
Sep 14, 2023
—
Joel Ortega
—
Deed
related
$560,000 · Red Shield Servicing INC
Nov 8, 2022
—
Joel Ortega
—
Deed
related
$325,000 · Fjm Private Mortgage Fund LLC
Sep 24, 2021
—
Joel Ortega
—
Deed
related
$100,000 · Gerold M Rodriguez
Jan 29, 2021
—
Joel Ortega
—
Deed
related
$100,000 · Gerold M Rodriguez
Dec 29, 2014
—
Joel Ortega
Tamburrino,carlo B
Grant Deed
—
Jan 20, 2005
—
Carlo B Tamburrino
Defalco,paulette
Grant Deed
related
$200,000 · East West Bank
May 11, 2001
$185,000
Carlo B Tamburrino
Felton,dennis L & Velma E
Grant Deed
$129,500 · United Commercial Bank
Mar 29, 2000
$120,000
Dennis L Felton
Rore Trust
Grant Deed
$102,000 · Primack Family Ptshp Ltd
—
—
Joel Ortega
—
Deed Of Trust
related
$100,000 · Gerold M Rodriguez
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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