NOT LISTED FOR SALE

11350 N St Rt 99 E Fron Rd Lodi, CA 95240

2 Beds
2 Baths
650 Sq Ft
1.12 Acres

Last Sold December 10, 2021

Last sale price $875,000 $1,346 Per Sq Ft

2 Days on Market

About This Home

As of December 2021

The Cabanas Living Community is situated on 1.12 acres of land and is comprised of six individual homes and one large, commercial/warehouse building that currently sits empty, ready for an investor to utilize. Of the six individual homes, three of them are one-bedroom / one-bath units; two are twobedroom/ one-bath units, and one unit is a two-bedroom / two-bath unit. All home units have been fullyremodeled and all units are loaded with amenities, such as; private backyards, washer/dryer hookups,private parking, ceiling fans, dual-pane windows, granite counter tops, wall-to-wall tile, security doors, dishwashers, garbage disposals, new roof, new siding, all new cabinetry, all new bath/kitchen fixtures, and much more. The commercial/warehouse building is approximately 2,000 square feet in size and is currently vacant, providing an investor with a multitude of possibilities. With approximately 1.12 acres of land, the access land provides an investor with additional options.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 10/20/2021

Last Buyer's Agent

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 10/20/2021

Property Details

Home Type

  • Apartment

Year Built

  • 1935

Lot Details

  • 1.12

Property Details

Home Type

Apartment

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: 5 or More Units
  • CapRate: 5.60
  • Directions: From Stockotn, head north on HWY 99. Exit Eight Mile Road, and head north on the East Frontage Road. Property is on the south east corner of the Frontage Road and Morse Road.
  • Professional Management Expense: 4375
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Price Per Square Foot: 299.15
  • Flooring: See Remarks
  • Number Of Buildings: 7
  • Stories: 1

Exterior Features

  • Foundation Details: Raised
  • Construction Type: See Remarks
  • Lot Features: Other

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 10.00

Utilities

  • Cooling: See Remarks
  • Heating: See Remarks
  • Laundry Features: In Each Unit
  • Security: See Remarks
  • Sewer: Septic System
  • Utilities: Other
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lodi Unified

Lot Info

  • Lot Size Sq Ft: 48787.00
  • Zoning Description: AG-40

Rental Info

  • Total # Leasable: 7

Tax Info

  • Bonds/Assessments/Taxes Description: See Remarks
  • Bonds/Assessments/Taxes: Yes

Multi Family

  • Annual Gross Income: 72924
  • Income Includes: See Remarks
  • Insurance Expense: 2811
  • Maintenance Expense: 2400
  • Number Of Units Leased: 6
  • Number of Month to Month Units: 4
  • Number Of Units Total: 7
  • Number Of Units Vacant: 1

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2022 01/01/22 Off Market $875,000 -- --
12/10/2021 12/10/21 Sold $875,000 -2.8% $1,346 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $900,000 -- $1,385 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221135032

MetroList