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Cottage-Style Multifamily Property
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230 N Central Avenue, Lodi, CA 95240

Three cottage-style buildings offer 10 units, including nine studios and one 4B/1B unit, with separate house metering for utilities.

Property SizeContact for details
Days on Market132

Property Features for 230 N Central Avenue

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 10
Listing Agency: PCG Commercial
Listed By: Adrian Del Rio · License #CA 01431059
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 4:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PCG Commercial

Investment Insights

Based on property information with market context.

The property at 230 N Central Avenue consists of three cottage-style buildings totaling 10 units, including nine studio units and one 4B/1B unit. The ownership notified tenants of a $50 per unit rent increase effective 11/1/2016.

Operations are supported by one separate house meter for gas and electric.

The asset is located in close vicinity to Highway 99, Downtown Lodi, and other commercial amenities, and it is described as operating within a stable rental market.

Key Highlights

  • Three cottage‑style buildings with 10 units: nine studios plus one 4B/1B unit
  • 100% leased per listing remarks
  • Tenant notices of $50 rent increase per unit starting 11/1/2016 ($500/month or $6,000 annually)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Daycare Center Pharmacy Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,538
Businesses Nearby

Demographics for 95240, CA

49,102
Population
17,304
Households
2.8
Avg Household Size
35
Median Age
18%
College-Educated
76%
High-School Grad
68.2 sq mi
ZIP Area
720
Density / Sq Mi
$76,870
Median Household Income
$38,359
Median Earnings
$1,439
Median Rent
$443,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three cottage-style buildings offer 10 units, including nine studios and one 4B/1B unit, with separate house metering for utilities.
Where is this apartment building located?
The property is located at 230 N Central Avenue Lodi, CA.
What are key features of this property?
This property features: Three cottage‑style buildings with 10 units: nine studios plus one 4B/1B unit; 100% leased per listing remarks; Tenant notices of $50 rent increase per unit starting 11/1/2016 ($500/month or $6,000 annually)
(916) 303-0133 Call to check price and availability
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