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S Ham Lane

Lodi, CA 95242
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We are pleased to present the La Espana Apartments, a thirty-one (31) unit apartment complex located at 350 S. Ham Lane in Lodi, California. The property provides an investor a unique opportunity to own an apartment complex in a high barrier to entry market, with below market rents, and a clear path to a higher return through loss to lease recovery. Built in 1965, the apartment complex is comprised of three (3), two-bedroom / two-bathroom units that are each approximately 1,200 SF, and twenty-eight (28), two-bedroom / one-bathroom units, each approximately 940 SF. Downstairs units have large, outdoor patios and five of the units feature vaulted ceilings. The apartment grounds offer residents secured assigned parking, professionally maintained grounds with large, landscaped community areas, storage, and two on-site laundry rooms. In addition to the amenities listed above, a new owner may increase revenue by instituting a utility reimbursement and fee program for storage and excess parking. Seller financing available.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $6,120,000

AD Id : 53175912

MLS Id : 223093447

County : San Joaquin

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
N Ray Road, Lodi, CA, 95242 $1,875,000 -- -- -- Acres (Lot)--
Shattuck Track Road, Lodi, CA, 95242 $1,029,000 -- -- -- 89,733.60 Sqft(Lot)
N Shattuck Tract Road, Lodi, CA, 95242 $849,000 -- -- -- 12,614.98 Sqft(Lot)
W Kile Road, Lodi, CA, 95242 $1,925,000 -- -- -- Acres (Lot)--
W Peltier Road, Lodi, CA, 95242 $956,880 -- -- -- Acres (Lot)--
W Peltier Road, Lodi, CA, 95242 $1,233,180 -- -- -- Acres (Lot)--
W Acampo Road, Lodi, CA, 95242 $450,000 -- -- -- 128,066.40 Sqft(Lot)
W Sargent Road, Lodi, CA, 95242 $1,075,000 -- -- -- Acres (Lot)--
W Kettleman Lane, Lodi, CA, 95242 $749,000 -- -- -- Acres (Lot)--
W Peltier Road, Lodi, CA, 95242 $1,987,980 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/15/2026 @ 02:21

MLS: 223093447 LISTED BY: Andrew Hodgson, Colliers Parrish Intenational Inc. SOURCE: MLS Metrolist

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