1108 Sylvia Dr Lodi, CA 95240-4619
- Commercial land
- 0.88 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1108 Sylvia Dr
- Lot size
- 0.88 lot acres
- Zone code
- 40
- Property type
- Commercial land
- APN
- 033-080-190-000
- APU
- 33080190000
Description
This exceptional investment opportunity presents a 2.2-acre apartment building located at 1108 Sylvia Dr, Lodi, CA 95240, listed at $1,900,000. The property, zoned RCP, offers significant potential. Situated in San Joaquin County, this multifamily building is ideally positioned within a growing market. Lodi's population exceeds 45,000, with a median household income of $68,000 projected to reach $88,800 by 2028. This strong demographic profile, coupled with a diverse employment landscape encompassing management, business, science, education, healthcare, and more, creates a favorable rental market. The property's 2.2-acre lot size presents considerable development potential. The parcels, #223103415, #223103483, and #223103483, must be sold together. The projected 22:1 housing occupancy ratio by 2028 further underscores the investment potential. This property represents a compelling opportunity for investors seeking strong returns in a thriving California market. The APN is 03308011 and the zip code is 95240. This is a multifamily apartment building in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lodi
- County
- San Joaquin
- State
- California
- Longitude
- -121.287
- Latitude
- 38.1239
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
