$785,265
SOLD JUL 16, 2025
7 Beds
4 Baths
4,982 Sq Ft
5,998 Sq Ft

Recently Sold

$158 Per Sq Ft

19% Below List Price

92 Days on Market

Highlights

  • Traditional Architecture
  • Wheelchair Access
  • Ceiling Fan
  • No HOA
  • Laundry closet
  • 1-minute walk to Hale Park

About This Home

As of July 2025

Lucrative residential income investment opportunity! This 4982 sqft property has four 2 bed/1bath and one 1bed/1bath and is located at the corner of Elm & Washington Street in Lodi. It is very close to downtown, which is host to several community activities throughout the year and where you can find local shops, restaurants and nightlife. In addition to views of the adjacent park, renters will enjoy the swing sets, picnic tables and a large grassy area across the street. Cancellation of escrow at no fault of the property.

Last Agent to Sell the Property

Blake Thomas

Schaffer & Company, Realtors License #01942649 Listed on: 02/06/2025

Last Buyer's Agent

Cameron DeRuosi

Michael A. De Ruosi III License #02165484

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,982 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Laundry closet

Kitchen

  • Built-In Gas Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Carport
  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • 5,998 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 043-073-03

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month
  • Net Lease

Additional Features

  • Coin Laundry
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1969
  • Accessibility Features: Wheelchair Access, Varies By Unit
  • Architectural Style: Traditional
  • Levels: Two
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Built-In Gas Range, Disposal, Electric Water Heater
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 157.62
  • Square Footage: 4982.00
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco, Wood
  • Disclosures/Documents: Rental/Lease Agreement(s), Transfer Disclosure Statement, Natural Hazard Disclosure Available
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 975000.00
  • Lot Features: Shape Regular, Curbs/Gutters, Sidewalk
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • View Description: Other

Garage/Parking

  • Parking Features: Open, Carport, Street
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Fire Alarm, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace, Natural Gas
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning: Residential
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Gas, Trash Collection, Water
  • Lease Type: Net

Multi Family

  • Income Includes: ["Coin Operated Equipment","Laundry"]
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 043-073-03
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/16/2025 07/16/25 Sold $785,265 -19.5% $158 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $975,000 0.0% $196 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $975,000 0.0% $196 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $975,000 0.0% $196 / Sq Ft
02/26/2025 02/26/25 For Sale $975,000 -18.8% $196 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $1,200,000 -- $241 / 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 $2,450 $220,303 $57,040 $163,263
2024 $2,384 $215,984 $55,922 $160,062
2023 $2,346 $211,750 $54,826 $156,924
2022 $2,295 $207,599 $53,751 $153,848
2021 $2,336 $203,530 $52,698 $150,832
2020 $2,276 $201,444 $52,158 $149,286
2019 $2,231 $197,495 $51,136 $146,359
2018 $2,200 $193,624 $50,134 $143,490
2017 $2,152 $189,828 $49,151 $140,677
2016 $2,019 $186,107 $48,188 $137,919
2014 $1,962 $179,722 $46,535 $133,187
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 225014591

MetroList
Your Personal Tour Guide

Ask me questions while you tour the home.