| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Fair |
| Demographics | 36th | Fair |
| Amenities | 63rd | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2405 Rosemarie Ln, Stockton, CA, 95207, US |
| Region / Metro | Stockton |
| Year of Construction | 1982 |
| Units | 78 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2405 Rosemarie Ln 78-Unit Stockton Multifamily
Neighborhood data points to durable renter demand and steady occupancy, according to WDSuite’s CRE market data, with a high renter concentration supporting leasing depth in this Stockton submarket.
Positioned in Stockton’s Urban Core, the neighborhood ranks 43 of 179 metro neighborhoods (A- rating), placing it in the top quartile locally for overall fundamentals. Dining and daily-needs access are strong: restaurants and groceries score in the upper national percentiles, underscoring convenience that supports tenant retention and leasing velocity. Parks and pharmacies are sparse, which may modestly affect livability for some renter cohorts.
The property’s 1982 vintage is slightly newer than the neighborhood’s average construction year (1979). Investors should plan for selective capital improvements and systems updates while noting competitive positioning versus older nearby stock; thoughtful value-add can refresh interiors and common areas to capture demand from renters seeking quality within this location.
Renter-occupied share is very high in the neighborhood (ranked near the top of the metro and high nationally), signaling a deep tenant base and consistent multifamily demand. Neighborhood occupancy is healthy, and median contract rents sit around the upper quartile nationally, suggesting potential for disciplined revenue management while remaining mindful of affordability.
Within a 3-mile radius, population has grown and is projected to expand further over the next five years, with households also expected to increase and average household size edging modestly lower. These trends point to a larger tenant base and more renters entering the market, which can support occupancy stability and absorption. Median incomes in the 3-mile area have risen meaningfully, adding support for rent levels, though operators should calibrate pricing and renewals to local rent-to-income dynamics to sustain retention.
Safety indicators are mixed relative to broader benchmarks. The neighborhood’s crime rank sits near the middle of 179 Stockton metro neighborhoods, and national comparisons place it below average for safety. However, recent trend data shows meaningful year-over-year declines in both violent and property offenses, indicating improvement momentum that investors should monitor over additional periods.
For underwriting, consider enhanced property-level security, lighting, and resident engagement programs to support retention and on-site experience, and track neighborhood trend lines alongside citywide initiatives rather than relying on a single year of data.
Proximity to regional corporate employers underpins local renter demand by shortening commutes for a diverse workforce across consumer goods, retail, energy, and logistics—supportive of leasing and renewal stability.
- Clorox — consumer goods (9.8 miles)
- Ross Stores — retail HQ and distribution (35.7 miles) — HQ
- The Clorox Company — corporate offices (37.1 miles)
- Chevron — energy corporate offices (37.5 miles) — HQ
- DISH Network Distribution Center — logistics/distribution (37.8 miles)
2405 Rosemarie Ln offers scale at 78 units in a neighborhood that performs above the metro median, with strong amenity access and a renter-heavy housing mix supporting multifamily demand. Based on commercial real estate analysis from WDSuite, occupancy in the surrounding neighborhood is healthy and median rents trend in the upper national percentiles, reinforcing potential for stable cash flow with disciplined leasing strategy.
Built in 1982, the asset may benefit from targeted renovations and systems planning to enhance competitiveness versus older area stock. Within a 3-mile radius, population and household growth projections point to renter pool expansion, while rising incomes support rent levels. Operators should balance this opportunity against affordability pressure indicated by local rent-to-income ratios and maintain prudent expectations given mixed—but improving—safety metrics.
- Renter-heavy neighborhood and healthy occupancy support demand and leasing stability.
- Strong dining and grocery access near top national percentiles aids retention.
- 1982 vintage offers value-add potential through focused interior and systems upgrades.
- 3-mile population and household growth expand the tenant base over the medium term.
- Risks: affordability pressure (rent-to-income) and below-average safety, despite recent improvements.