NOT LISTED FOR SALE
8 Beds
4 Baths
3,168 Sq Ft
0.67 Acres

Last Sold August 12, 2014

Last sale price $1,584,000 $500 Per Sq Ft

49 Days on Market

Highlights

  • 0.67 Acre Lot
  • No HOA
  • Laundry Facilities

About This Home

As of August 2014

26 unit Apartment complex with 100% 2 bedroom/1 bath. Consistent occupancy and cash flow from this complex which is located in a quiet residential area of Lodi, makes this a great investment opportunity. Located near park, restaurants and services. Attention Buyers: Do Not Go on property without permission of listing agent.

Last Agent to Sell the Property

Kathy Hanley

Kathryn Hanley, Broker License #01838221 Listed on: 05/24/2014

Kathryn Hanley, Broker

Last Buyer's Agent

Kathy Hanley

Kathryn Hanley, Broker License #01838221 Listed on: 05/24/2014

Kathryn Hanley, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.67 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Leased Washer and Dryer

Parking

  • 1 Parking Space Included
  • 26 Covered Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 041-110-17

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 26 Units

Amenities

  • Laundry Facilities

Building Details

  • 25 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1985
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Refrigerator
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Manager Occupies 1 Unit,Rental/Lease Agmts
  • Listing Price: 1600000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 26
  • Parking Features: Carport,Street,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: RE-1 (conforming)
  • Lot Size Acres: 0.6747
  • Lot Size Sq Ft: 29390

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 26

Multi Family

  • Income Includes: Laundry
  • Number of Leased Units: 25
  • Number of Units: 26
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 041-110-17

MLS Schools

  • School District (County): San Joaquin
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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 List to Sale Price per Sq Ft
08/12/2014 08/12/14 Sold $1,584,000 -1.0% $500 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $1,600,000 -- $505 / Sq Ft
Source: MetroList

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,827 $1,903,716 $480,735 $1,422,981
2024 $20,260 $1,866,389 $471,309 $1,395,080
2023 $19,976 $1,829,794 $462,068 $1,367,726
2022 $19,534 $1,793,916 $453,008 $1,340,908
2021 $19,886 $1,758,742 $444,126 $1,314,616
2020 $19,371 $1,740,710 $439,573 $1,301,137
2019 $18,983 $1,706,579 $430,954 $1,275,625
2018 $18,720 $1,673,117 $422,504 $1,250,613
2017 $18,306 $1,640,312 $414,220 $1,226,092
2016 $17,074 $1,608,156 $406,100 $1,202,056
2015 $16,849 $1,584,000 $400,000 $1,184,000
2014 $12,390 $1,157,452 $120,842 $1,036,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14031762

MetroList