| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 63rd | Fair |
| Demographics | 26th | Poor |
| Amenities | 59th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2433 Country Club Blvd, Stockton, CA, 95204, US |
| Region / Metro | Stockton |
| Year of Construction | 1975 |
| Units | 112 |
| Transaction Date | 1996-10-31 |
| Transaction Price | $1,320,000 |
| Buyer | FAZZARI JAMES V |
| Seller | BERKELEY FEDERAL BANK & TRUST FSB |
2433 Country Club Blvd Stockton Multifamily Investment
Neighborhood occupancy has trended stable with renter demand supported by a broad tenant base, according to WDSuite s CRE market data, while 3-mile forecasts point to additional households that can support leasing durability.
Located in Stockton s inner-suburban fabric, the property sits in a neighborhood rated B and positioned near the metro median overall (ranked 79th of 179 neighborhoods). Neighborhood occupancy is slightly above the national midpoint and has increased over the last five years, supporting consistent leasing conditions at the submarket level rather than outsized volatility.
Daily-life amenities are serviceable: grocery access ranks competitively (32nd of 179) and parks density is strong (28th of 179), while cafes and pharmacies are thinner locally. For investors, this mix suggests convenience for residents without the premiums associated with top-tier lifestyle districts.
Within a 3-mile radius, the share of housing units that are renter-occupied stands around the majority, indicating depth in the tenant base for multifamily. Population and household counts have risen in recent years, and projections indicate further gains in households over the next five years, expanding the renter pool and helping support occupancy stability. Average household size is expected to edge down, which can favor demand for smaller floor plans a useful match for this asset s efficient average unit size.
Vintage matters for competitive positioning. Built in 1975 versus a neighborhood average construction year of 1961, the asset is newer than much of the local stock, which can aid leasing versus older comparables. Select system upgrades and common-area refreshes may still be warranted for modernization and value-add potential.
Home values in the neighborhood sit above national midpoints and the value-to-income ratio is elevated for the region, indicating a comparatively high-cost ownership landscape. This typically sustains reliance on rental housing and can support lease retention, while rent-to-income levels nearer the lower end nationally suggest room for measured rent growth without outsized affordability pressure a useful backdrop for disciplined commercial real estate analysis.
Safety trends are mixed when viewed across frames. Within the Stockton metro, the neighborhood is ranked 39th out of 179 on crime; in this ranking framework, a lower rank indicates relatively higher reported incidents compared with other local neighborhoods. Nationally, the area sits modestly above the midpoint (around the 56th percentile), signaling conditions that are not among the highest-risk cohorts nationwide.
Recent directionality is constructive: both violent and property offense rates have declined year over year, with notable improvements according to WDSuite s CRE market data. For investors, the key takeaway is to underwrite to local block-level variability while acknowledging the improving trend and the neighborhood s competitive standing compared with national peers.
Nearby employers span consumer goods, retail headquarters, energy, and distribution a diversified base that can support renter demand through varied wage bands and commute options for the area.
- Clorox consumer goods (8.6 miles)
- Ross Stores retail (35.2 miles) HQ
- The Clorox Company consumer goods (36.5 miles)
- Chevron energy (37.1 miles) HQ
- DISH Network Distribution Center distribution (39.1 miles)
2433 Country Club Blvd offers scale at 112 units with efficient average floor plans, aligning with a renter base that s projected to expand within a 3-mile radius as households grow and average household size trends slightly lower. Built in 1975, the property is newer than much of the surrounding stock, which can support competitive positioning versus older assets while leaving room for targeted renovations to drive rents and retention.
Based on CRE market data from WDSuite, the neighborhood shows occupancy around the national midpoint with upward movement over the past five years. Elevated ownership costs for the area reinforce reliance on multifamily housing, while relatively manageable rent-to-income levels suggest capacity for disciplined rent growth and steady lease performance. Investors should still underwrite local school quality and safety dispersion at the neighborhood level.
- Scaled 112-unit asset with efficient layouts aligned to a growing 3-mile renter pool.
- 1975 vintage is newer than the neighborhood average, with value-add/modernization upside.
- Occupancy near national midpoints with positive five-year trend supports leasing stability.
- Elevated ownership costs and manageable rent-to-income dynamics can underpin pricing power.
- Risks: school quality and metro-level safety variability warrant conservative underwriting.