$950,000
SOLD JUL 2, 2025

405 Locust St Lodi, CA 95240

Downtown Lodi Neighborhood
-- Bed
-- Bath
5,600 Sq Ft
8,500 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

21 Days on Market

Highlights

  • Gated Community
  • Security Gate
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • 3-minute walk to Hale Park

About This Home

As of July 2025

This well-maintained 7-unit apartment complex in Lodi offers spacious, functional living, with each unit featuring 2 bedrooms and 1 bathroom. The open floor plans provide excellent natural light and maximize usable space. Each unit is approximately 800 sq. ft. and includes central air conditioning, heating, and dual-pane windowsensuring year-round comfort. An on-site, coin-operated laundry room adds convenience for residents. All units are currently leased, reflecting strong occupancy and consistent tenant retention. Situated near shops, parks, and other key amenities, this property offers both stability and long-term growth potential for investors. A solid investment opportunity in a steadily developing rental market.

Last Agent to Sell the Property

Britney Gutierrez

Real Estate Experts ERA Powered License #02066473 Listed on: 05/02/2025

Real Estate Experts ERA Powered

Co-Listed By

Donny Piwowarski

Hero Real Estate License #01444374

Last Buyer's Agent

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Home Design

  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Built-In Electric Oven

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Additional Features

  • 8,500 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 043-201-37

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

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

Additional Features

  • Coin Laundry
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1972
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Free Standing Refrigerator
  • Flooring: Tile
  • Price Per Square Foot: 169.64
  • Square Footage: 5600.00

Exterior Features

  • Construction Materials: Stucco, Wood
  • Disclosures/Documents: Disclosure Package Available
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 950000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Security: Fire Extinguisher, Smoke Detector, Unguarded Gate, Varies By Unit, Security Gate
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • 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: R3
  • Irrigation: None
  • Lot Size Acres: 0.1951
  • Lot Size Sq Ft: 8500.00

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Type: Net

Multi Family

  • Income Includes: ["Coin Operated Equipment","Laundry"]
  • Number of Leased Units: 7
  • Number of Month to Month Units: 7
  • Number of Units: 7

Tax Info

  • Assessor Parcel Number: 043-201-37
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
07/02/2025 07/02/25 Sold $950,000 0.0% $170 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $950,000 -- $170 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Britney Gutierrez

    Seller's Agent in 2025

    Britney Gutierrez

    Real Estate Experts ERA Powered

    (209) 298-3623

    1 in this area

    29 Total Sales

    Britney Gutierrez
    Section Image
  • Donny Piwowarski

    Seller Co-Listing Agent in 2025

    Donny Piwowarski

    Hero Real Estate

    (209) 740-1004

    1 in this area

    132 Total Sales

    Donny Piwowarski
    Section Image
  • Andy Hodgson

    Buyer's Agent in 2025

    Andy Hodgson

    Colliers Parrish Inten'l Inc.

    (209) 475-5110

    5 in this area

    51 Total Sales

    Andy Hodgson
    Section Image
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Map

Source: MetroList

MLS Number: 225055915

MetroList
California San Joaquin County Lodi 95240 Downtown Lodi

405 Locust St, Lodi, CA

Sold

MultiFamily

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.

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