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Key Details
Sold Price $704,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20047400
Sold Date 11/09/20
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1900
Lot Size 3,938 Sqft
Acres 0.0904
Property Description
THE DE FORCE APARTMENTS ARE LOCATED AT THE CORNER OF SCHOOL STREET AND DE FORCE AVE, JUST ONE BLOCK NORTH OF DOWNTOWN LODI AND NEAR MANY NEW, EXCITING DOWNTOWN LODI DEVELOPMENTS. THE COMPLEX CONSISTS OF SEVEN ONE BED, ONE BATH UNITS. THE OWNERSHIP HAS RECENTLY REHABBED SEVERAL OF THE UNITS TO CONTEMPORARY STANDARDS BY REPLACING THE FLOORING WITH VINYL AND CARPET, ADDING NEW CABINETRY, APPLIANCES AND INTERIOR PAINTING. A NEW OWNER CAN SEE AN IMMEDIATE INCREASE IN THEIR RETURN BY IMPLEMENTING RENT INCREASES. 100% COLLECTED FROM ALL TENANTS DURING COVID-19.
Location
State CA
County San Joaquin
Area 20901
Direction HWY 99 take Cherokee exit, head north. Turn left, head west of Lockeford Street. Turn right, head north on School Street. Property is on the corner of School and DeForce
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring See Remarks
Equipment None
Appliance Other
Exterior
Garage Open, Street
Amenities Available None
View City
Roof Type Composition
Building
Story 2
Foundation Raised
Architectural Style Unknown
Schools
Elementary Schools Lodi Unified
Middle Schools Lodi Unified
High Schools Lodi Unified
School District San Joaquin
Others
Senior Community No
Tax ID 041-162-08
Special Listing Condition None
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Bought with Colliers Parrish Intenational Inc.
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