Duplex With Alley-Access
For Sale
$529,950
517 Daisy Avenue, Lodi, CA 95240
Two residences occupy one lot, with a three-bedroom main home and rear studio featuring a full bath.
Property Size1,400 SF
Price / SF$378.54
Days on Market16
Property Features for 517 Daisy Avenue
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Land
Units
Unit Mix
1 x 3BR/2BA, 1 x studio/1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
covered patio
wood gazebo
fruit trees
inside laundry
Building Details
Year Built
1941
Buildings
2
Listing Agency:
Lpt Realty, Inc
(916) 622-5341
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Aug 17
Changed: Aug 31
Last Checked: Aug 31 at 2:40PM
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 Lpt Realty, Inc
Investment Insights
Based on property information with market context.
This duplex property, built in 1941, includes two residences on one lot. The front home offers three bedrooms, two bathrooms, a large living room, formal dining room, galley kitchen, and inside laundry. An attached one-car garage, covered rear patio, wood gazebo, and fruit trees complete the main residence's outdoor and utility features.
Positioned at the back of the lot, the studio ADU has its own alley access and an attached two-car garage. The secondary residence includes a kitchen with a freestanding electric range and oven, microwave, built-in desk area, and full bathroom. The property size is 1,400 square feet.
Positioned at the back of the lot, the studio ADU has its own alley access and an attached two-car garage. The secondary residence includes a kitchen with a freestanding electric range and oven, microwave, built-in desk area, and full bathroom. The property size is 1,400 square feet.
Key Highlights
- Two residences on one lot, including a three‑bedroom, two‑bath front home and rear studio ADU
- Rear ADU has separate access from the alley and an attached 2‑car garage
- Front residence includes an attached 1‑car garage and covered rear patio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,531
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,620
$370.6K
Cap Rate 7%
$264,729
$264.7K
Cap Rate 9%
$205,900
$205.9K
Market Conditions
NOI Build-Up for 1,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.7K $19.80/SF
− Vacancy
−$1.2K −$0.89/SF
EGI
$26.5K $18.91/SF
− OpEx
−$7.9K −$5.67/SF
NOI
$18.5K $13.24/SF
Area
San Joaquin County, CA
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,620
Cap Rate 7%
$264,729
Cap Rate 9%
$205,900
Alternative Uses
Best Use
Multifamily LT 5
$264.7K
$231.6K – $308.9K
NOI $18,531 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$245.8K
$215.1K – $286.8K
NOI $17,209 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$307.4K
$269.0K – $358.7K
NOI $21,521 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences occupy one lot, with a three-bedroom main home and rear studio featuring a full bath.
Where is this duplex located?
The property is located at 517 Daisy Avenue Lodi, CA.
What is the asking price?
The asking price for this property is $529,950.
What are key features of this property?
This property features: Two residences on one lot, including a three‑bedroom, two‑bath front home and rear studio ADU; Rear ADU has separate access from the alley and an attached 2‑car garage; Front residence includes an attached 1‑car garage and covered rear patio
