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Investment Highlights

  • Large 1.92 Acre lot with low-maintenance landscaping
  • Roof installed in 2024
  • Amenities include gated parking, pool, patio, recreational seating, and a laundry facility
  • Most interiors have already been upgraded with new flooring, countertops and fixtures
  • On-site solar panels

Executive Summary

Kidder Mathews is pleased to exclusively present Wilshire Court Apartments, a premier 50-unit apartment community positioned on an expansive 1.92-acre lot at 126 E. Jamestown Street in Stockton, California.
This low-maintenance asset features a highly desirable unit mix of 16 one-bedroom, 30 two-bedroom, and 4 three-bedroom floor plans. Current ownership has heavily de-risked the asset by executing extensive interior and exterior renovations, including a brand-new roof (2024) and the installation of solar panels to dramatically offset common area utility costs.
With a majority of the units already boasting modern flooring, updated countertops, and upgraded fixtures, Wilshire Court offers a turn-key operational foundation with a proven blueprint for growth. Incoming ownership can immediately capitalize on the remaining unrenovated units to capture premium market rents upon turnover.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
Cap Rate 6.07%
Gross Rent Multiplier 8.15
No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.92 AC
Building Size 36,960 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1965/2009
Parking Ratio 1.5/1,000 SF
Zoning R-3 - medium to high-density multiple-family residential district

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Sprinkler System
  • Range
  • Tub/Shower
  • Deck
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Pool
  • Trash Pickup - Curbside
  • Online Services
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 14 - 650 - 850
2+1 18 - 750 - 950
2+2 9 - -
3+1 9 - 900
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
104-250-04
Land Assessment
$1,558,556 CAD
Improvements Assessment
$6,621,790 CAD
Total Assessment
$8,180,346 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40886622

  • Date on Market: 2026-06-11

  • Last Updated:

  • Address: 126 E Jamestown St, Stockton, CA 95207

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