| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 52nd | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1540 Mosaic Way, Stockton, CA, 95207, US |
| Region / Metro | Stockton |
| Year of Construction | 1976 |
| Units | 106 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1540 Mosaic Way Stockton Multifamily Investment
Neighborhood fundamentals point to stable occupancy and a deep renter base around the property, according to WDSuite’s CRE market data. Metrics cited reflect neighborhood conditions rather than the asset itself.
Positioned in Stockton’s Inner Suburb, this neighborhood carries an A+ rating and ranks 7th of 179 metro neighborhoods, placing it in the top quartile locally. For investors, that standing signals durable demand drivers and competitive positioning within the Stockton market.
Renter-occupied housing accounts for a substantial share of neighborhood units, indicating a sizable tenant pool that can support leasing velocity and renewal depth. Occupancy in the neighborhood ranks 28th of 179, also a top-quartile showing within the metro, which supports expectations for steadier collections and fewer extended downtime periods between turns.
Daily-needs access is a relative strength: grocery and pharmacy density sit in high national percentiles, and restaurants are robust compared with peers nationwide, while parks access is also strong. Café density is thinner, but overall amenity coverage aligns with renter convenience and supports livability for a broad resident profile. Average school ratings trend modestly above the national midpoint, offering a balanced appeal for households.
Within a 3-mile radius, recent population gains and an increase in households point to a larger tenant base over time, with forecasts indicating additional household growth alongside slightly smaller average household sizes. Elevated home values relative to income at the neighborhood level suggest a high-cost ownership market, which can reinforce reliance on multifamily rentals, while rent levels relative to local incomes imply manageable retention risk and pragmatic lease management.
Safety indicators are mixed and should be incorporated into underwriting. The neighborhood’s crime ranking is 127th out of 179 within the Stockton metro, which is below the metro median, and national comparisons place the area below the nationwide median for safety. Investors often offset this with property-level measures and resident services to support retention and community standards.
Recent data also show year-over-year increases in property offenses and lower national percentiles for both property and violent offenses compared with many U.S. neighborhoods. While these statistics reflect broader neighborhood trends rather than the asset itself, they warrant thoughtful operating plans, lighting and access controls, and coordination with local resources.
Regional employers accessible from the neighborhood support a diverse workforce renter base and help underpin leasing stability, including roles in consumer products, retail headquarters, distribution, and energy.
- Clorox — consumer products offices (10.1 miles)
- Ross Stores — retail headquarters and corporate (36.5 miles) — HQ
- DISH Network Distribution Center — distribution (37.4 miles)
- Chevron — energy corporate (38.2 miles) — HQ
The investment case centers on strong renter demand and occupancy stability at the neighborhood level. The area ranks in the top quartile among 179 Stockton neighborhoods for both overall standing and occupancy, supported by a high share of renter-occupied units that deepens the tenant pool. According to CRE market data from WDSuite, this demand is complemented by solid access to daily-needs amenities and restaurants, which supports retention and leasing momentum.
Within a 3-mile radius, population growth and a projected increase in households suggest a larger renter pool ahead, with slightly smaller household sizes that can translate into more units demanded. Elevated ownership costs relative to incomes bolster reliance on rentals, while rent levels relative to local incomes indicate manageable affordability pressure—helpful for renewal outcomes and pricing discipline. Investors should pair these strengths with prudent operating practices given below-median safety indicators.
- Top-quartile neighborhood and occupancy rank among 179 Stockton neighborhoods supports leasing stability
- High renter-occupied share indicates depth of tenant base for renewals and lease-up
- Amenity access (grocery, pharmacy, restaurants, parks) aligns with resident convenience and retention
- 3-mile growth outlook points to a larger renter pool and demand support over time
- Risk: Below-median safety metrics warrant robust property operations and security planning