6.2% Cap Rate! Welcome to the ultimate investment opportunity at 315 1/2 E Elm St, Lodi, CA 95240! This stunning 6-unit residential income property recently renovated, offers a prime location and comfortable amenities designed for a comfort living. Each of the six units is comprised of one bedroom and one bathroom between 250-300 square feet, featuring engineered wood flooring, brand new kitchens and baths with all new appliances, and contemporary fixtures. The property's exterior shines with fresh paint, a newly repaired roof, and new dual-pane windows. Security is top-notch with an automatic iron gate, new security wood fence, and six 24/7 surveillance cameras. Additional income is generated by the on-site laundry room, newly built and fully equipped. The beautiful Arizona-style landscaping, two-tone stamped concrete, and decorative exterior rocks enhance the curb appeal. Each unit is fitted with individual electrical meters, split heater and AC systems, redesigned floor plans, granite shower kits, and stone doorsteps. The extensive renovations, completed with architect plans, permits, and city inspections, ensure a hassle-free investment with long-term value. Lodi, renowned as a gem of California's wine country, offers an unparalleled living experience. The city boasts over 85
MLS #
CRNDP2405921
MLS Source
California Regional MLS
Days on Site
65
Appliances
Dishwasher, Freezer, Garbage Disposal, Microwave, Oven - Electric, Oven - Gas, Dryer, Washer
Laundry
Community Facility
Cooling
Central Forced Air, Central Forced Air - Gas
Heating
Central Forced Air
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Water
Other
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 6 | – |
315 1/2 E Elm St is a Residential Income in Lodi, CA 95240. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,125,000 and was built in 1947.
This address can also be written as 315 1/2 E Elm St, Lodi, CA 95240.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 30, 2024. For the most current information, please contact Ava Khamooshi, (858) 290-7242