E Elm Street
Lodi, CA 95240
5 Units. x4 2BD/1BA. x1 1BD/1BA. Current Cap Rate ~7.6%. Pro Forma Cap Rate ~9.2%. 100% Occupancy. This investment property is just one block from Main Street in the heart of Downtown Lodi. The property consists of four spacious two-bedroom, one-bath units of approximately 1,100 square feet each with large, condo-style layouts, plus one one-bedroom, one-bath unit w/ coin operated laundry facilities on-site. Clean, well-maintained building with long-term tenants providing stable occupancy. Rents are currently below market, creating clear upside potential through future rent adjustments. Prime walkable location near Downtown Lodi's shops, restaurants, wine bars, nightlife, and entertainment. Rent roll and expense sheets available upon request or attached to MLS listing. Income and expense fi
Property Details
Map
Map
Features
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Water/Sewer
Sewer: Public Sewer -
Flooring Information
Carpet, Vinyl -
Interior Features
Laundry Features: Coin Operated -
Heating & Cooling
Heating: Wall Furnace Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s) WaterSource: Meter on Site
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Building Information
Year Built: 1969 Stories: 2 Construction Materials: Brick, Stucco, Wood Foundation Details: Concrete -
Exterior Features
Foundation Details: Concrete -
Laundry Features
Coin Operated
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Lot Information
Lot Description: Corner, Sidewalk Lot Square Feet: 5,998 Stories: 2 Main Square Feet: 4,982Property Information
Property Type: Residential Income Sub Type: 5 or More Units Style: Contemporary SQ ft (Living Area): 4,982 Construction Materials: Brick,Stucco,Wood Property Age: 57 Cross Street: N Washington Source Neighborhood: 20901 Area: Lodi S: 95240 Zoning: Multi-Family Living Area Source: Assessor Auto-Fill Structure Type: ApartmentsFarm Info
Irrigation Source: Meter on Site
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Listing Price Information
Listing Id: 226031072 List Price: $875,000 List Price Tot SqFt: $176
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Tax Information
Parcel Number: 043-073-03
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Parking Information
Parking Total: 6 Covered
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Elementary School District: Lodi UnifiedJunior High School District: Lodi UnifiedSenior High School District: Lodi Unified
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Utility Information
Cable Available, Sewer Connected, Natural Gas Connected -
Location Information
Direction: N Washington to E Elm St.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Lakewood Drive, Lodi, CA, 95240 | $599,999 | 3 | 2 | 1,926 | 1,926 SqFt |
| Isabella Drive, Lodi, CA, 95240 | $599,900 | 4 | 2 | 1,919 | 1,919 SqFt |
| Culbertson Court, Lodi, CA, 95240 | $559,999 | 3 | 2 | 1,614 | 1,614 SqFt |
| Newbury Circle, Lodi, CA, 95240 | $460,000 | 3 | 2 | 1,462 | 1,462 SqFt |
| Isabella Drive, Lodi, CA, 95240 | $586,000 | 3 | 2 | 1,721 | 1,721 SqFt |
| W Kettleman Lane, Lodi, CA, 95240 | $419,999 | 2 | 1 | 1,129 | 1,129 SqFt |
| Swallow Lane, Lodi, CA, 95240 | $530,000 | 3 | 3 | 2,194 | 2,194 SqFt |
| Isabella Drive, Lodi, CA, 95240 | $730,000 | 4 | 3 | 2,437 | 2,437 SqFt |
| Isabella Drive, Lodi, CA, 95240 | $569,999 | 4 | 2 | 1,919 | 1,919 SqFt |
| Reisling Drive, Lodi, CA, 95240 | $599,000 | 5 | 3 | 1,973 | 1,973 SqFt |
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ByOwner last updated this listing 06/10/2026 @ 09:05
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