405 1/2 E Lodi AVE, Lodi, CA 95240
405 1/2 E Lodi AVE, Lodi, CA 95240
405 1/2 E Lodi AVE, Lodi, CA 95240
54
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$425,000
Est. payment /mo
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3 Beds
1 Bath
1,000 SqFt
New

405 1/2 E Lodi AVE Lodi, CA 95240

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C Ray Brower

C Ray Brower

+1(209) 418-0238

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Houses on Lot

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $425

MLS Listing ID 226047743

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1912

Lot Size 5,523 Sqft

Acres 0.1268

Property Sub-Type 2 Houses on Lot

Source MLS Metrolist

Property Description

Prime investment opportunity featuring two units on one lot with separate addresses and multiple income streams. The main residence at 405 E. Lodi Ave is a 3-bedroom, 1-bath home with an adorable front porch, currently tenant-occupiedan investor's dream with immediate cash flow. Positioned on a high-traffic street, the property also includes a billboard that conveys with the sale and is currently leased, adding an additional source of passive income. The second unit, 405 1/2 E. Lodi Ave, offers its own private entrance from the alley and functions as a 1-bedroom, 1-bath ADU/mother-in-law unitperfect for supplemental rental income or flexible living arrangements. With dual residential units, existing tenants, and billboard revenue, this property presents a rare opportunity for investors seeking strong income potential and long-term upside in a prime location.

Location

State CA

County San Joaquin

Area 20901

Direction From CA-99, head West on Lodi Ave. Property is on the north side of Lodi Ave just East of S Central Ave.

Rooms

Guest Accommodations Yes

Living Room Other

Dining Room Space in Kitchen

Kitchen Laminate Counter

Interior

Heating Wall Furnace, Wood Stove

Cooling Ceiling Fan(s)

Flooring Carpet, Concrete, Linoleum

Appliance Microwave

Laundry Sink, Inside Area, Inside Room

Exterior

Parking Features Alley Access

Fence Back Yard, Chain Link, Wood

Utilities Available Public

Roof Type Shingle,Composition

Street Surface Asphalt,Paved

Porch Front Porch

Private Pool No

Building

Lot Description Shape Regular

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

Schools

Elementary Schools Lodi Unified

Middle Schools Lodi Unified

High Schools Lodi Unified

School District San Joaquin

Others

Senior Community No

Tax ID 043-130-30

Special Listing Condition None

Pets Allowed Yes

MetroList® Services, Inc
Listed by HOMWRX

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate | License ID: 01969248

+1(209) 418-0238

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405 1/2 E Lodi AVE