901 South Cherokee Lane
$1,950,000
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Description
Great Investment Opportunity! This exceptional mixed-use corridor property, located in one of Lodi's busiest business districts, offers unparalleled visibility and access in an extremely high-traffic area. Boasting nearly an acre of land, this income-generating property features 9 units in total, plus a business front and a coin-operated shared laundry, providing excellent extra income potential. Additionally, the property includes 8 single-car garages/storage units, offering even more rental income...Great Investment Opportunity! This exceptional mixed-use corridor property, located in one of Lodi's busiest business districts, offers unparalleled visibility and access in an extremely high-traffic area. Boasting nearly an acre of land, this income-generating property features 9 units in total, plus a business front and a coin-operated shared laundry, providing excellent extra income potential. Additionally, the property includes 8 single-car garages/storage units, offering even more rental income opportunities. Zoned for mixed-use, it is ideally suited for a wide range of commercial or residential uses, making it a versatile investment opportunity with the potential for increased income. The prime location offers easy access to Highway 99, ensuring high accessibility for customers, clients, or residents, and is just a short distance from downtown Lodi, placing it in the heart of the city's vibrant business community. With the possibility of favorable financing terms, including the option for the seller to carry the note with 50% down payment, this property is an even more attractive investment opportunity. Don't miss the chance to capitalize on this high-potential property in a growing area with significant development opportunities.
- Listed by Ernesto Aguila • DRE #02106299 • Cornerstone Real Estate GroupP: (209)-370-4872 realtybymanuel@gmail.com
Property Details for 901 South Cherokee Lane
Parking Features
Garage, Uncovered, Other-Rmks
ZoningMCO Mix use Corridor
LISTING UPDATED: 12/09/2024 02:09 PM
Property Details for 901 South Cherokee Lane
Status | Active |
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MLS # | 224127999 |
Days on Compass | 46 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | - |
Lot Size | 0.96 AC / 41,817 SF |
County | San Joaquin County |
Building Information for 901 South Cherokee Lane
Stories1Residences9Year Built-Building Size-Lot Size0.96 AC / 41,817 SF
Property Information for 901 South Cherokee Lane
Property History for 901 South Cherokee Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 901 South Cherokee Lane
Taxable ValueLand$199,920Additions$99,958Total$299,878
Tax Record2024$3,356 ($280 / month)
Home Facts
Lot Size41,818 SqFtStyleMulti-Family Res (5+ Units)Zoning98CountySAN JOAQUINAPN047-390-020-000
Schools near 901 South Cherokee Lane
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 |
---|---|---|
Heritage Elementary School PublicK to 6 | ||
Lodi Middle School Public7 to 8 | ||
Tokay 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.
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