NOT LISTED FOR SALE

500 E Elm St Lodi, CA 95240

Downtown Lodi Neighborhood
8 Beds
4 Baths
3,072 Sq Ft
7,562 Sq Ft Lot

Last Sold November 21, 2018

Last sale price $650,000 $212 Per Sq Ft

19 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • Community Storage Space
  • No HOA
  • Laundry Facilities

About This Home

As of November 2018

This is 5 unit turn key income generator. Great tenants pays on time and wants to stay. There are list of tenants waiting for vacancy and will pay higher rent. Each unit is equip with central heat and air. Extra storage for each unit and coin operated laundry room brings extra income. Prefer writing an offer subject to inspection for consideration for the tenants.

Last Agent to Sell the Property

Kay Watson

TSG Premier Realty License #01402596 Listed on: 10/12/2018

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 7,562

Home Design

  • Contemporary Architecture
  • Composition Roof

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Parking Space Included

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • 2-Story Property
  • 7,562 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,300
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 043-190-32

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month
  • Insurance Expense $1,633

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
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater
  • Flooring: Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 675000.00
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Carport,1 Space Per Unit
  • Total Parking Spaces: 5

Utilities

  • Security: Carbon Mon Detector,Secured Access,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned

Condo/Co-op/Association

  • Association Features: Extra Storage
  • Association: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning Description: 5-10 Res Unit-1 bldg
  • Lot Size Acres: 0.1736
  • Lot Size Sq Ft: 7562

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 2300
  • Total # Leasable: 5

Multi Family

  • Income Includes: Laundry
  • Insurance Expense: 1633
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5
  • Units Furnished: None
  • Gross Income Multiplier: 7.750

Tax Info

  • Assessor Parcel Number: 043-190-32

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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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
11/21/2018 11/21/18 Sold $650,000 -3.7% $212 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $675,000 0.0% $220 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $675,000 +19.0% $220 / Sq Ft
11/22/2017 11/22/17 Sold $567,000 -12.8% $185 / Sq Ft View Prior Sale
09/11/2017 09/11/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $649,999 -- $212 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kay Watson

    Seller's Agent in 2018

    Kay Watson

    TSG Premier Realty

    (916) 271-3309

    6 Total Sales

    Kay Watson
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Member

    Non-MLS Office

  • Mike Peterson

    Seller's Agent in 2017

    Mike Peterson

    PMZ Real Estate

    (209) 649-3964

    27 Total Sales

    Mike Peterson
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 18070431

MetroList
California San Joaquin County Lodi 95240 Downtown Lodi

500 E Elm St, Lodi, CA

Not Listed for Sale

MultiFamily

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