Movoto Real Estate
Sold on 07/03/2025
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405 E Locust St, Lodi, CA 95240

  • $1,069,775

    Last sold 07/03/2025 for $950K

  • bed

  • bath

  • 5,600

    Sqft ($170/Sqft)

Multi-family not for sale
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About 405 E Locust St

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 8,500 Sqft
Movoto estimate
Rental estimate
Property description
This well-maintained 7-unit apartment complex in Lodi offers spacious, functional living, with each unit featuring 2 bedrooms and 1 bathroom. The open floor plans provide excellent natural light and maximize usable space. Each unit is approximately 800 sq. ft. and includes central air conditioning, heating, and dual-pane windowsensuring year-round comfort. An on-site, coin-operated laundry room adds convenience for residents. All units are currently leased, reflecting strong occupancy and consistent tenant retention. Situated near shops, parks, and other key amenities, this property offers both stability and long-term growth potential for investors. A solid investment opportunity in a steadily developing rental market.
Listed by
Listing Agent - Britney M Gutierrez
Listing Office - Hero Real Estate
Source: Metrolist Services,Inc. mls logo
MLS#225055915 • last updated 1 year ago
Movoto checked Metrolist Services,Inc. for data 5 minutes ago
Overview
Cooling/AC Central
Heating Central
Levels/Style 2
Type Residential Income
MLS # 225055915
Status Closed
SubType 5 Or More Units
SqFt 5600
Lot Size (Sqft) 8500
Lot Size (Acres) 0.1951
Year Built 1972
Interior
Laundry Coin Operated, In Common Area, Washer/Dryer Owned
Flooring Tile
Appliances Built-In Electric Oven, Free Standing Refrigerator
Exterior
Foundation Concrete
Construction Stucco, Wood
Parking Uncovered
Lot Features None
Irrigation Source None
Amenities / Utilities
Sewer/Septic In & Connected
Water Source Public
Location
Elementary School District Lodi Unified
Middle School District Lodi Unified
High School District Lodi Unified
Directions From South Stockton Street Make A Right On E Locust And Property Will Be On Your Left.
APN 043-201-37
Multifamily Details
Total # of Units 7
Income Includes Coin Operated Equipment, Laundry
$1.06M
Range: $962K-$1.17M
Last 30 days 
Rental est.: $1,376/month
Gross rent multiplier: 57.5
  • Jul 2025
    mls logo MLS # 225055915
  • Jul 3, 2025 Sold
    $950,000
  • May 23, 2025 Pending
  • May 2, 2025 Listed
    $950,000
  • Jul 2025
    Public Records
  • Jul 2, 2025 Sold
    $950,000
  • 405 E Locust St
    $950K
  • Downtown Lodi
    $499K +26% y/y
  • 95240
    $619K +15% y/y
  • Lodi
    $615K -3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • San Joaquin County
  • Lodi
  • 95240
  • Downtown Lodi
  • 405 E Locust St
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