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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $169
MLS Listing ID 225055915
Sold Date 07/03/25
HOA Y/N No
Year Built 1972
Lot Size 8,500 Sqft
Acres 0.1951
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
This well-maintained 7-unit apartment complex in Lodi offers spacious, functional living, with each unit featuring 2 bedrooms and 1 bathroom. The open floor plans provide excellent natural light and maximize usable space. Each unit is approximately 800 sq. ft. and includes central air conditioning, heating, and dual-pane windowsensuring year-round comfort. An on-site, coin-operated laundry room adds convenience for residents. All units are currently leased, reflecting strong occupancy and consistent tenant retention. Situated near shops, parks, and other key amenities, this property offers both stability and long-term growth potential for investors. A solid investment opportunity in a steadily developing rental market.
Location
State CA
County San Joaquin
Area 20901
Direction From South Stockton Street make a right on E Locust and property will be on your left.
Interior
Heating Central
Cooling Central
Flooring Tile
Appliance Built-In Electric Oven, Free Standing Refrigerator
Laundry Coin Operated, In Common Area, Washer/Dryer Owned
Exterior
Parking Features Uncovered
Utilities Available Electric
Water Access Desc Public
Total Parking Spaces 6
Building
Lot Description None
Story 2
Foundation Concrete
Sewer In & Connected
Water Public
Schools
Elementary Schools Lodi Unified
Middle Schools Lodi Unified
High Schools Lodi Unified
School District San Joaquin
Others
Senior Community No
Tax ID 043-201-37
Special Listing Condition None
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Bought with Colliers Parrish Intenational Inc.