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E Elm Street

Lodi, CA 95240
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$875,000 $3,689/Mo
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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 gures reflect the current owner's operation of the property.

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Detail Ic Property Details

Property Type : Residential Income

Price : $875,000

AD Id : 76159068

MLS Id : 226031072

Living Area Size : 4,982

Year Built : 1969

County : San Joaquin

  • Map Map

Map

Feature Features

  • 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

  • Building Information

    Year Built: 1969 Stories: 2 Construction Materials: Brick, Stucco, Wood Foundation Details: Concrete

  • Exterior Features

    Foundation Details: Concrete

  • Laundry Features

    Coin Operated

  • Lot Information

    Lot Description: Corner, Sidewalk Lot Square Feet: 5,998 Stories: 2 Main Square Feet: 4,982

    Property 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: Apartments

    Farm Info

    Irrigation Source: Meter on Site

  • Listing Price Information

    Listing Id: 226031072 List Price: $875,000 List Price Tot SqFt: $176

  • Tax Information

    Parcel Number: 043-073-03

  • Parking Information

    Parking Total: 6 Covered

  • Elementary School District: Lodi Unified
    Junior High School District: Lodi Unified
    Senior High School District: Lodi Unified

  • 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
Labrusca Drive, Lodi, CA, 95240 $715,000 4 3 2,563 2,563 SqFt
S Central Avenue, Lodi, CA, 95240 $950,000 -- -- --
Hillside Drive, Lodi, CA, 95240 $1,475,000 3 3 2,892 2,892 SqFt
W Turner Road, Lodi, CA, 95240 $399,500 2 1 929 929 SqFt
Bing Drive, Lodi, CA, 95240 $599,000 3 3 1,854 1,854 SqFt
S Lee Avenue, Lodi, CA, 95240 $499,500 3 2 1,469 1,469 SqFt
N Highway 88, Lodi, CA, 95240 $1,125,000 3 2 1,841 1,841 SqFt
Brandywine Drive, Lodi, CA, 95240 $427,000 2 2 1,138 1,138 SqFt
S Lee Avenue, Lodi, CA, 95240 $489,950 3 2 1,469 1,469 SqFt
Seneca Way, Lodi, CA, 95240 $739,990 4 3 2,503 2,503 SqFt

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ByOwner last updated this listing 07/28/2026 @ 09:50

MLS: 226031072 LISTED BY: Cameron DeRuosi, Michael A. De Ruosi III SOURCE: MLS Metrolist

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