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W Lodi Avenue

Lodi, CA 95242
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The Avenue West Apartments is a 26-unit multifamily community located at 1301 W. Lodi Avenue in one of Lodi's most established residential neighborhoods. The property consists entirely of spacious 2-Bedroom / 1-Bathroom apartment homes, providing a desirable unit mix that appeals to families, roommates, and long-term renters. Recent capital improvements include dual-pane windows, HVAC replacements, renovated units, sealed parking areas, and the implementation of a utility reimbursement program, helping reduce future capital expenditures while supporting long-term cash flow. In-place rents remain well below projected market levels, presenting investors with a compelling value-add opportunity. Ideally positioned on Lodi's West Side, the property offers convenient access to Highway 99, Dow ntown Lodi, Lodi Lake Park, Adventist Health Lodi Memorial Hospital, and Lodi Wine Country, home to more than 85 wineries. Residents benefit from nearby shopping, dining, schools, and everyday conveniences, many within walking distance. Supported by strong rental demand and Lodi's attractive quality of life, The Avenue West Apartments presents an excellent investment opportunity in one of the Central Valley's most desirable multifamily markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,750,000

AD Id : 88642685

MLS Id : 226096458

Living Area Size : 23,828 Sq. Ft

Year Built : 1969

County : San Joaquin

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer, See Remarks
  • Flooring Information

    Carpet, Tile, Vinyl
  • Interior Features

    Laundry Features: In Common Area
  • Heating & Cooling

    Heating: Central Cooling: Central WaterSource: Meter on Site

  • Building Information

    Year Built: 1969 Stories: 2 Construction Materials: Stucco, Wood Foundation Details: Slab
  • Exterior Features

    Foundation Details: Slab
  • Laundry Features

    In Common Area

  • Lot Information

    Lot Description: None Lot Square Feet: 75,794 Stories: 2 Main Square Feet: 23,828

    Property Information

    Property Type: Residential Income Sub Type: 5 or More Units SQ ft (Living Area): 23,828 Construction Materials: Stucco,Wood Property Age: 57 Cross Street: S. Ham Lane Source Neighborhood: 20901 Postal Code Plus 4: 3055 Area: Lodi S: 95242 Zoning: RMD - Medium-Density Residential Living Area Source: Owner Structure Type: Apartments

    Farm Info

    Irrigation Source: Meter on Site

  • Listing Price Information

    Listing Id: 226096458 List Price: $5,750,000 List Price Tot SqFt: $241

  • Tax Information

    Parcel Number: 035-380-09

  • Parking Information

    Parking Total: 26 Carport, Covered, Street, See Remarks

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

    Cable Connected, Sewer Connected, City, Electric, Natural Gas Connected
  • Location Information

    Direction: Travelling North on HWY 99, take Exit 264A on to S. Cherokee Lane, and then continue North on S. Cherokee Lane for 1.4 miles. Take a left on to Lodi Avenue, and then continue on Lodi Avenue for 1.5 miles. The property will be on your right at the corner of W. Lodi Ave & S. Ham Lane.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
W Highway12, Lodi, CA, 95242 $1,199,000 4 3 3,079 --
Tulip Court, Lodi, CA, 95242 $735,000 3 3 2,279 --
Howard Street, Lodi, CA, 95242 $415,000 2 1 872 --
Tienda Drive, Lodi, CA, 95242 $532,750 3 3 1,872 5,087.81 Sq. Ft
Empire Drive, Lodi, CA, 95242 $784,000 3 2 2,143 --
Interlaken Court, Lodi, CA, 95242 $1,599,000 4 4 3,319 --
N Davis Road, Lodi, CA, 95242 $6,500,000 6 4 5,270 --
Sequoia Street, Lodi, CA, 95242 $644,000 4 3 1,993 --
W Kingdon Road, Lodi, CA, 95242 $899,000 3 2 2,256 --
Grove Street, Lodi, CA, 95242 $637,990 5 3 2,337 --

ByOwner last updated this listing 10/05/2026 @ 06:32

MLS: 226096458 LISTED BY: Andrew Hodgson, Colliers Parrish Intenational Inc. SOURCE: MLS Metrolist

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