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.
Lodi is located in California. Lodi, California has a population of 66,107. Lodi is less family-centric than the surrounding county with 35.43% of the households containing married families with children. The county average for households married with children is 36.35%.
The median household income in Lodi, California is $70,302. The median household income for the surrounding county is $74,962 compared to the national median of $69,021. The median age of people living in Lodi is 34.5 years.
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 38 degrees. The average rainfall is approximately 19 inches per year, with 0 inches of snow per year.