$2,405,000
SOLD JUL 17, 2025
1 Bed
1 Bath
7,568 Sq Ft
0.34 Acres

Recently Sold

$318 Per Sq Ft

1% Below List Price

12 Days on Market

Highlights

  • 0.34 Acre Lot
  • Ceiling Fan
  • High Speed Internet
  • No HOA
  • Coin Laundry
  • Vinyl Flooring

About This Home

As of July 2025

We are pleased to present The Hale Road Apartments, a professionally managed, income-generating asset located at 638 Hale Road in Lodi, CA. Thirteen of the fifteen units have been fully remodeled, featuring upgraded kitchens, modern bathrooms, new flooring, and updated appliances, positioning the property as a turnkey investment with strong in-place income. Ideally located in the highly sought-after Lodi rental market, the property offers tenants convenient access to shopping, dining, and Highway 99. Onsite amenities include laundry facilities, dedicated parking, and high-definition security cameras, enhancing both tenant satisfaction and property oversight. The Hale Road Apartments represent a rare chance to acquire a stabilized, high-performing asset in one of the Central Valley's most desirable submarkets.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 06/05/2025

Last Buyer's Agent

Jimmy Hicks

eXp Realty of California Inc. License #01757304

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 7,568 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 12 Parking Spaces
  • Carport
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 047-440-51

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 15 Units

Amenities

  • Coin Laundry

Building Details

  • 15 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1976
  • Stories: 2
  • Number of One Bedroom Units: 15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Price Per Square Foot: 317.79
  • Square Footage: 7568.00

Exterior Features

  • Construction Materials: Wood, See Remarks
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2425000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Off Street, Carport, See Remarks
  • Total Parking Spaces: 12.00

Utilities

  • Security: None, See Remarks
  • Sewer: See Remarks
  • Utilities: Cable Available, Natural Gas Connected, Cable Connected, City, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Lodi Unified

Lot Info

  • Zoning: RLD - Low Density Residential
  • Irrigation: See Remarks
  • Lot Size Acres: 0.3359
  • Lot Size Sq Ft: 14632.00

Rental Info

  • Lease Type: Net

Multi Family

  • Income Includes: ["Laundry","See Remarks"]
  • Total Number Leasable: 15
  • Number of Leased Units: 15
  • Number of Units: 15

Tax Info

  • Assessor Parcel Number: 047-440-51
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

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Range of Values:

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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
07/17/2025 07/17/25 Sold $2,405,000 -0.8% $318 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $2,425,000 0.0% $320 / Sq Ft
04/01/2025 04/01/25 Off Market $1,350 -- --
03/27/2025 03/27/25 Price Changed $1,350 0.0% $3 / Sq Ft
03/27/2025 03/27/25 For Rent $1,350 +2.3% --
05/03/2024 05/03/24 Price Changed $1,320 -2.2% $3 / Sq Ft
08/03/2023 08/03/23 Price Changed $1,350 +8.0% $3 / Sq Ft
08/03/2023 08/03/23 Price Changed $1,250 -7.4% $3 / Sq Ft
07/13/2023 07/13/23 For Rent $1,350 0.0% --
05/20/2023 05/20/23 Price Changed $1,350 0.0% $3 / Sq Ft
02/01/2023 02/01/23 For Rent $1,350 -- --
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225072970

MetroList