| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 78th | Best |
| Demographics | 40th | Fair |
| Amenities | 78th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1515 E Bianchi Rd, Stockton, CA, 95210, US |
| Region / Metro | Stockton |
| Year of Construction | 1997 |
| Units | 82 |
| Transaction Date | 1995-10-31 |
| Transaction Price | $750,000 |
| Buyer | CHARLESTON PLACE APTS |
| Seller | THE REDEVELOPMENT AGENCY OF THE CITY OF |
1515 E Bianchi Rd, Stockton CA Multifamily Investment
Neighborhood occupancy remains resilient and renter demand is deep, according to WDSuite’s CRE market data, with stability supported by a majority of units that are renter-occupied at the neighborhood level rather than the property.
This Inner Suburb pocket of Stockton is competitive among Stockton neighborhoods (17 of 179) with an A neighborhood rating, supported by strong daily-needs access. Grocery, restaurant, and pharmacy density track in the upper national percentiles, which helps underpin leasing convenience and day-to-day livability for residents.
At the neighborhood level, occupancy trends are in the top quartile nationally, suggesting steady absorption and renewal potential. The share of housing units that are renter-occupied is above the metro median, indicating a sizable tenant base that supports multifamily demand and helps smooth leasing through cycles.
Within a 3-mile radius, population and household counts have expanded in recent years, and projections point to additional household growth alongside modest population gains. This pattern typically reflects smaller average household sizes and a larger pool of renting households, which can support occupancy stability and broaden the applicant pipeline.
The property’s 1997 vintage is slightly newer than the neighborhood’s average construction year (1992), offering competitive positioning versus older stock while still warranting selective system updates or modernization as part of capital planning. Elevated home values for the area, coupled with rent levels that sit above many U.S. neighborhoods, suggest a high-cost ownership market that can reinforce renter reliance on multifamily housing and support pricing power with careful lease management.
Amenities are a relative strength: restaurants and groceries rank in the higher national percentiles, and pharmacies are particularly dense. Public park access is limited locally, which may warrant enhanced on-site common areas or nearby private amenities to maintain resident retention. Average school ratings (around the national median to slightly above) provide a reasonable baseline for workforce and family renters.
Safety conditions in the neighborhood sit below national safety percentiles but have shown recent improvement, with both property and violent offense rates trending down over the past year. Compared with the Stockton metro, this area is competitive among 179 neighborhoods, and continued declines would be a constructive signal for long-term leasing stability.
For investors, the takeaway is risk management rather than avoidance: screening practices, lighting and visibility, access control, and resident engagement typically matter more in submarkets where safety percentiles are lower nationally but directionally improving.
Proximity to a mix of consumer products, logistics, retail corporate, energy, and packaging employers supports renter demand via commute convenience and a diversified employment base reflected in nearby corporate offices.
- Clorox — consumer products (10.4 miles)
- DISH Network Distribution Center — logistics/distribution (37.1 miles)
- Ross Stores — off-price retail corporate (38.5 miles) — HQ
- The Clorox Company — consumer products corporate (39.9 miles)
- Chevron — energy corporate (40.3 miles) — HQ
1515 E Bianchi Rd totals 82 units with an average unit size near 895 sf, positioned in a neighborhood that is competitive within the Stockton metro and supported by strong daily-needs access. According to CRE market data from WDSuite, neighborhood occupancy sits in the top quartile nationally and renter concentration is above the metro median, supporting depth of demand and renewal potential.
Built in 1997, the asset is slightly newer than the area’s average vintage, which can offer a competitive edge over older stock while still benefiting from targeted system upgrades or value-add modernization. Within a 3-mile radius, recent growth in population and households—and projections for further household expansion—point to a larger tenant base over time. A high-cost ownership landscape and moderate rent-to-income dynamics at the neighborhood level reinforce renter reliance on multifamily housing, supporting lease-up and retention with prudent pricing and management.
- Top-quartile neighborhood occupancy and sizable renter base support leasing stability
- 1997 vintage offers competitive positioning with potential value-add through selective upgrades
- Strong access to daily amenities and employment centers aids demand and retention
- 3-mile radius shows growing and diversifying households, expanding the applicant pool
- Risks: below-average national safety percentiles and limited park access call for active management and amenity strategy