NOT LISTED FOR SALE

224 Louie Ave Lodi, CA 95240

North Lodi Neighborhood
5 Beds
4 Baths
2,730 Sq Ft
10,799 Sq Ft Lot

Last Sold October 25, 2019

Last sale price $675,000 $247 Per Sq Ft

2 Days on Market

About This Home

As of October 2019

Fully occupied and professionally managed. Great income opportunity! Charming and clean 7 unit apartment building close to Downtown Lodi and freeways! One 2-Bedroom, 1-bath, and 6 1-bedroom, 1-bath units. The 2 bedroom unit has central HVAC and a wood-burning fireplace. 6 of the units have their own patios! Laundry facility and parking on site.

Last Agent to Sell the Property

Sherry Dickhoff

KW Sac Metro License #01187533 Listed on: 10/02/2019

KW Sac Metro

Last Buyer's Agent

Roxanne Rocha

Berkshire Hathaway HomeServices-Drysdale Properties License #01207362

Berkshire Hathaway HomeServices-Drysdale Properties

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,799

Parking

  • 7 Open Parking Spaces

Home Design

  • Split Level Home
  • Slab Foundation
  • Tile Roof

Additional Features

  • 2-Story Property
  • 10,799 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas sewer
  • Assessor Parcel Number 041-110-01

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Burrs Add Subdivision

Building Details

  • 7 Leased Units
  • 5 Units Leased Month-To-Month
  • Operating Expense $18,780
  • Net Operating Income $45,360

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Levels: MultiSplit
  • Stories: 2
  • Subdivision: Burrs Add
  • Year Built Details: Unknown
  • Number of One Bedroom Units: 6
  • Number of Two Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Range,Disposal,Free Standing Electric Range,Free Standing Refrigerator,Gas Water Heater,Varies By Unit
  • Flooring: Carpet,Laminate,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts
  • Foundation: Slab
  • Listing Price: 675000.00
  • Patio And Porch Features: Covered Patio,Uncovered Patio,Varies by Unit
  • Roof: Tile

Garage/Parking

  • Open Parking Spaces: 7
  • Parking Features: Open,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central,Wall Unit(s),Varies by Unit
  • Heating: Central,Wall Furnace,Varies by Unit
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Public Trans Nearby,Separate Laundry Facility,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: Multi Family 5-10
  • Lot Size Acres: 0.2479
  • Lot Size Sq Ft: 10799

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Sewer
  • Total # Leasable: 7

Multi Family

  • Gross Income: 64140
  • Operating Expense: 18780
  • Income Includes: Rent Only
  • Number of Leased Units: 7
  • Number of Month to Month Units: 5
  • Number of Units: 7
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 041-110-01
  • Bonds/Assessments/Taxes: Unknown

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
10/25/2019 10/25/19 Sold $675,000 0.0% $247 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $675,000 -- $247 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sherry Dickhoff

    Seller's Agent in 2019

    Sherry Dickhoff

    KW Sac Metro

    (209) 712-4492

    9 in this area

    47 Total Sales

    Sherry Dickhoff
    Section Image
  • Roxanne Rocha

    Buyer's Agent in 2019

    Roxanne Rocha

    BHHS Drysdale

    (209) 482-3604

    6 in this area

    45 Total Sales

    Roxanne Rocha
    Section Image
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Map

Source: MetroList

MLS Number: 19066851

MetroList
California San Joaquin County Lodi 95240 North Lodi

224 Louie Ave, Lodi, CA

This home is located at 224 Louie Ave, Lodi, CA 95240 since 02 October 2019. 224 Louie Ave is a home located in San Joaquin County with nearby schools including Lakewood Elementary School, Millswood Middle School, and Lodi High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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