NOT LISTED FOR SALE

323 E Locust St Lodi, CA 95240

Downtown Lodi Neighborhood
6 Beds
4 Baths
2,700 Sq Ft
0.37 Acres

Last Sold November 09, 2018

Last sale price $1,120,000 $415 Per Sq Ft

12 Days on Market

Highlights

  • 0.37 Acre Lot
  • No HOA
  • 1-minute walk to Hale Park
  • Contemporary Architecture
  • Double Pane Windows

About This Home

As of November 2018

GREAT CASH FLOW PROPERTY WITH UNDER MARKET RENTS! .13 UNITS TOTAL (5) 2 BEDROOMS ,(7)1 BEDROOMS,(1) STUDIO.OWNER HAS UPDATED SOME KITCHENS,HEATING,AIR,WINDOWS,CARPET ,PAINT ETC,UNITS 11 AND 12 HAVE INSIDE LAUNDRY,UNITS 1 AND 2 HAVE CENTRAL HEAT AND AIR.UNIT 1 HAS ATTACHED GARAGE. MAKE ALL OFFERS SUBJECT TO INSPECTION.

Last Agent to Sell the Property

Randy Thomas

Cornerstone Real Estate Group License #01037761 Listed on: 10/15/2018

Last Buyer's Agent

Jason Spence

Century 21 Select Real Estate License #01759959

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,153

Year Built

  • Built in 1980

Lot Details

  • 0.37

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Additional Features

  • 0.37 Acre Lot
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 043-087-10

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Building Details

  • 13 Leased Units
  • Operating Expense $18,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,153

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1980
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 1150000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Varies by Unit
  • Heating: Varies by Unit

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: RMD
  • Lot Size Acres: 0.3708
  • Lot Size Sq Ft: 16152

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 13

Multi Family

  • Operating Expense: 18144
  • Income Includes: Coin Operated Equipment
  • Number of Leased Units: 13
  • Number of Units: 13
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 043-087-10
  • Current RE Taxes: 10153

MLS Schools

  • School District (County): San Joaquin

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
11/09/2018 11/09/18 Sold $1,120,000 -2.6% $415 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $1,150,000 +29.2% $426 / Sq Ft
03/08/2016 03/08/16 Sold $890,000 -2.2% $330 / Sq Ft View Prior Sale
02/12/2016 02/12/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $910,000 -- $337 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Randy Thomas

    Seller's Agent in 2018

    Randy Thomas

    Cornerstone Real Estate Group

    (209) 810-8830

    9 in this area

    191 Total Sales

    Randy Thomas
    Section Image
  • Jason Spence

    Buyer's Agent in 2018

    Jason Spence

    Century 21 Select Real Estate

    (209) 914-0485

    5 in this area

    117 Total Sales

    Jason Spence
    Section Image
  • Marlon Foust

    Seller's Agent in 2016

    Marlon Foust

    Century 21 Select Real Estate

    (209) 370-3831

    2 in this area

    47 Total Sales

    Marlon Foust
    Section Image
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Map

Source: MetroList

MLS Number: 18071147

MetroList
California San Joaquin County Lodi 95240 Downtown Lodi

323 E Locust St, Lodi, CA

Not Listed for Sale

MultiFamily

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