Excellent investment with great steady cash flow in an excellent location. Potential upside at 7% ($18K) to market. Well maintained property. Pride of ownership. Units are updated in 2017 and some in 2023, including flooring, kitchen and bathroom. Pool recently re-plastered. Ample parking space, fully fenced with automatic gate. Easy access to Hw 99 for commuting and 5-min drive to downtown Lodi for restaurants and entertainment amenities.
Lodi is located in California. Lodi, California has a population of 64,403. Lodi is more family-centric than the surrounding county with 37.36% of the households containing married families with children. The county average for households married with children is 37.05%.
The median household income in Lodi, California is $52,244. The median household income for the surrounding county is $57,813 compared to the national median of $57,652. The median age of people living in Lodi is 34.7 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 38.5 degrees. The average rainfall is approximately 19.2 inches per year, with 0 inches of snow per year.