315 East Elm Street

Lodi, CA 95240

$998,000
Price
Beds
Baths
1,540 Sq. Ft.
$648 / Sq. Ft.
1,540
Sq. Ft.
$648
per Sq. Ft.

Description

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...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.
  1. Listed by Ali Quyen Tran • DRE #02026330 • Brokerage DRE #02105177 • KW Santa Clara Valley Inc • 408-888-2486
  2. Listed by My Nguyen • DRE #02210743 • Brokerage DRE #02105177 • KW Santa Clara Valley Inc

Property Details for 315 East Elm Street

MLS City Name
LODI
Building Type
Other
Garage Spaces
0
Parking Spaces
9
LISTING UPDATED: 01/03/2025 11:01 AM

Property Details for 315 East Elm Street

StatusActive
MLS #ML81988283
Days on Compass93
Taxes$3,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1947
Lot Size0.12 AC / 5,100 SF
CountySan Joaquin County

Building Information for 315 East Elm Street

Stories-Residences-Year Built1947Building Size-Lot Size0.12 AC / 5,100 SF

Property Information for 315 East Elm Street

Features
Features
  • Fireplace: No
  • Flooring: Laminate
  • Living SqFt: 1540
  • Pool: No
  • Security Features: Other
  • Special Features: Bathroom Features, Kitchen Features
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Lodi/Woodbdg/Sunnyside Est/Henderson Vil
  • Restrictions: None
  • Roof: Composition, Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 315
  • Street Name: Elm
  • Street Direction Prefix: East
  • Street Suffix: Street
  • Area ID: 20901
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 1540
  • Structure SqFt Source: Assessor
  • Age: 77
Development Information
  • Ownership Type: Sole Proprietor
  • Zoning Detail: R-M
Location Information
  • City Limits: Yes
  • Parcel Number: 043-088-16
  • County Name: San Joaquin
  • City Name: LODI
  • City Postal ID: 427
  • Postal Code: 95240
  • Elementary School District: 1514
  • High School District Text: Lodi Unified
Lot Information
  • Foundation: Other
  • Lot Acres: .12
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $3,700
  • Capitalization Rate: 7.37
  • Tenant Expenses: Services - Trash Removal
  • Income Includes: Coin Operated Equip
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $6,000
  • Expenses Total: $12,700
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 11.34
  • Income Annual Gross: $86,240
  • Income Annual Rental: $86,000
  • Income Gross Scheduled: $88,000
  • Income Other: $2,000
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,300
Unit 2 Information
  • Unit 2 Approx Square Footage: 300
  • Unit 2 Rent: $1,300
Unit 3 Information
  • Unit 3 Approx Square Footage: 300
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,295
Unit 4 Information
  • Unit 4 Approx Square Footage: 300
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $595
Unit 5 Information
  • Unit5 Full Baths: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 300

Property History for 315 East Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 315 East Elm Street

This home is within Lodi Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
George Washington Elementary School
PublicK to 6

Millswood Middle School
Public7 to 8

Lodi High School
Public9 to 12

Liberty High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

315 East Elm Street is for sale in Lodi, CA 95240. This property was listed for sale on December 10, 2024 by KW Santa Clara Valley Inc, it's currently listed at $998,000. It has been on the market for a total of 93 days and was last sold on February 24, 2017. This listing's school district is Lodi Unified School District. Nearby schools include George Washington Elementary School, Millswood Middle School and Lodi High School. 315 East Elm Street is a 0-bed, 0-bath, 1,540 sqft built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Santa Clara Valley Inc, Ali Quyen Tran, DRE #02026330; KW Santa Clara Valley Inc, My Nguyen, DRE #02210743

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.