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Sold on 01/13/2017
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429 E Locust St, Lodi, CA 95240

  • $527,500

    Last sold 01/13/2017

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    bed

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    bath

Multi-family not for sale
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About 429 E Locust St

Property type Multi-family
Year built 1970
HOA fee $0/month
Lot size 0.26 Acre
Rental estimate
Property description
6 UNIT COMPLEX -Nicely MAINTAINED. Included in this purchase is 50'x60'(3000 sq ft)of lot space directly behind 433 E Locust. This 3000 sq ft adjoins & is part of the one lot (043-201-38) included in purchase price. It includes 16 storage units which may be developed to increase income, or numerous other aspects to create additional income. Call Listing agent, Nita, the questions to ask of Craig @ City of Lodi Planning 4 some ideas. Very nice 2 bed 1 1/2 bath town house units w/security gate
Listed by
Listing Agent - Nita M Bennett
Listing Office - Bennett, Realtors
Source: Metrolist Services,Inc. mls logo
MLS#16067741 • last updated 8 years ago
Movoto checked Metrolist Services,Inc. for data 6 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating Wall Furnace
Levels/Style 0, 0
Type Residential Income
MLS # 16067741
Status Closed
SubType 5 Or More Units
Lot Size (Sqft) 11500
Lot Size (Acres) 0.264
Year Built 1970
Interior
Flooring Carpet, Tile
Appliances See Remarks
Exterior
Roof Shake
Construction Frame, Stucco, Wood
# of Covered Spaces 6
Parking 1 Space Per Unit
Patio/Porch Uncovered Patio
Amenities / Utilities
HOA Amenities See Remarks
Location
Elementary School District Lodi Unified
Middle School District Lodi Unified
High School District Lodi Unified
Directions Cherokee To Locust, Head West On Locust. All Covered Carports Are At The Alley At The Rear Of Property. Locked Gates At Back & Front Entry To Complex. Nicely Landscaped In Front With Rose Garden.
APN 043-201-38
Zoning RMD
Multifamily Details
Total # of Units 6
Operating Expense Includes Capital Improvements, Insurance, Maintenance Grounds, Professional Management, Property Tax, Staff, Utilities
Income Includes Rent Only
Rental est.: $1,311/month
Gross rent multiplier: 35.3
  • Feb 2017
    mls logo MLS # 16067741
  • Feb 15, 2017 Off Market
    —
  • Jan 13, 2017 Sold
    $527,500 (-5.0%)
  • Dec 16, 2016 Pending Sale
    —
  • Oct 18, 2016 Listed
    $555,000
  • 429 E Locust St
    $527K
  • —
  • 95240
    $619K +7% y/y
  • Lodi
    $627K 0% y/y
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