1301 W Lodi Avenue
Lodi, CA, 95242
$
5,750,000
Bedrooms2
Baths1.0
Sq
23,828
Monthly Estimate*
$
39,714
for $5,750,000 with 2 bedrooms and 1 full bath. This 23,828 square foot home was built in 1969 on a lot size of 1.74.
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 Lodi Wine Country, home to more than 85 wineries. Residents benefit from nearby shopping, dining, schools, and everyday conveniences, many within walking distance. Supported by strong rental demand and Lodi's attractive quality of life, The Avenue West Apartments presents an excellent investment opportunity in one of the Central Valley's most desirable multifamily markets.
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Features
General
Sewer
Public Sewer
See Remarks
Heating
Central
Cooling
Central
Utilities
Cable Connected
Sewer Connected
City
Electric
Natural Gas Connected
Unit 4 Rent
0
Unit 2 Rent
0
Unit 3 Rent
0
Unit 1 Rent
1725
HOA Fee
0
Garage Spaces
0.0
Construction Materials
Stucco
Wood
Year Built
1969
Stories Count
2
Property Subtype
5 or More Units
Elevation
0
County
San Joaquin
Property Type
Residential Income
HOA
N
Total Rooms
0
Close Price
0.0
Status
Active
Directions
Travelling North on HWY 99
take Exit 264A on to S. Cherokee Lane
and then continue North on S. Cherokee Lane for 1.4 miles. Take a left on to Lodi Avenue
and then continue on Lodi Avenue for 1.5 mile
City
Lodi
High School District
Lodi Unified
Zoning Description
RMD - Medium-Density Residential
Open Parking Spaces
0.0
Number Of Units Total
26
MLS Area
20901
Lot Size Square Feet
75794.0
Carport Spaces
0.0
Standard Status
Active
Middle/Junior School District
Lodi Unified
Elementary School District
Lodi Unified
Year Built Source
Owner
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Interior
Flooring
Carpet
Tile
Vinyl
Total Stories
2
Unit 1 Full Baths
1
Unit 2 Full Baths
0
Unit 3 Full Baths
0
Unit1Bedrooms
2
Unit3Bedrooms
0
Laundry Features
In Common Area
Unit 1 Bedroom Units Total
0
Unit 2 Bedroom Units Total
26
Unit 3 Bedroom Units Total
0
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Exterior
Parking Features
Carport
Covered
Street
See Remarks
Lot Features
None
Water Source
Meter on Site
Total Parking
26.0
Foundation Details
Slab
Number of Buildings
3
Lot Size Acres
1.74
Lot Size Source
Owner
Covered Spaces
0.0
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* Excluded Features
List By
Colliers Parrish Intenational Inc.
Broker
andy.hodgson@colliers.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $39,714
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Multi-family listings in Lodi, CA
Average List Price
$3,066,667
Percent of Sale Price
47%
About Lodi, CA
65,802
Population
14%
Since 2002
$
51,997
Median Income
36.02
Median Age
35%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193608
Elementary School
3193680
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
9/17/2026
|
$5,750,000
|
-1.71%
|
Price Down
|
|
7/30/2026
|
$5,850,000
|
|
Listed Price
|
1301 W Lodi Avenue, Lodi, CA, 95242 is a Multi-Family Home for sale at $5,750,000 with 23,828 sqft and a lot size of 1.74. 1301 W Lodi Avenue has 2 bedrooms, 1.0 baths, and was built in 1969. The property's zip code is 95242 which is in Lodi, CA