1301 W Lodi Avenue, Lodi, CA 95242

Lodi
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1301 W Lodi Avenue,Lodi, CA 95242
$5,750,000
  • - Beds
  • - Baths
  • 23,828 sq. ft.
  • Multi-family
  • Active
Listed by: andrew hodgson
Office: colliers parrish intenational inc.
MLS#:226096458
Source:MetroList

Price summary

  • Price:$5,750,000
  • Price per sq. ft.:$241.31

About this home

The Avenue West Apartments is a 26-unit multifamily community located at 1301 W. Lodi Avenue in one of Lodi's most established residential neighborhoods. Offered at a projected 6.29% cap rate, based on a projected 2/1/2027 rent increase, with substantial rental upside potential, the property consists entirely of spacious 2-Bedroom / 1-Bathroom apartment homes, providing a desirable unit mix that appeals to families, roommates, and long-term renters. Recent capital improvements include dual-pane windows, HVAC replacements, renovated units, sealed parking areas, and the implementation of a utility reimbursement program, helping reduce future capital expenditures while supporting long-term cash flow. In-place rents remain well below projected market levels, presenting investors with a compelling value-add opportunity. Ideally positioned on Lodi's West Side, the property offers convenient access to Highway 99, Downtown Lodi, Lodi Lake Park, Adventist Health Lodi Memorial Hospital, and...

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Home facts

  • Year built:1969
  • Listing ID #:226096458
  • Added:104 day(s) ago
  • Updated:November 12, 2026 at 05:00 PM

Rooms and interior

  • Flooring:Carpet, Tile Floor, Vinyl
  • Living area:23,828 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Year built:1969
  • Building area:23,828 sq. ft.
  • Lot area:1.74 Acres
  • Construction Materials:Stucco, Wood
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,750,000
  • Price per sq. ft.:$241.31

Features and amenities

  • Laundry features:In Common Area

Parking

  • Total parking spaces:26
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: November 12, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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