209-331-3184
518 N Church St, Lodi, CA for Sale
Apartments - FOR SALE
1/6
null | Request Cap Rate

518 N Church St
Lodi, CA 95240


HIGHLIGHTS

  • Strategically located along Lodi’s well-known Church Street corridor, within walking distance of historic Downtown Lodi, local shops, & restaurants.
  • Significantly below-market rents provide a clear opportunity to increase rental income and unlock additional value.
  • New electrical subpanels were installed in 2024, while the all cement driveway & parking lot provide durability & low-maintenance ownership.

OVERVIEW

The Church Street Apartments present an attractive investment opportunity with strong value-add potential in one of Lodi’s most desirable locations. The 9-unit community is situated along the quaint section of Church Street, just a short walk from Lodi’s renowned Historic Downtown district, providing residents with convenient access to local shops, restaurants, entertainment, and community events. The area is also surrounded by Lodi’s celebrated wineries and tasting rooms, adding to the appeal of this established and highly desirable neighborhood. The property consists of eight spacious 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, offering a highly desirable unit mix. Significantly below-market rents provide a clear opportunity for an investor to increase rental income and unlock future upside. Recent capital improvements, including all-new electrical subpanels installed in 2024, help limit near-term capital needs, while the fully cemented driveway and parking lot provide a durable, low-maintenance amenity for residents and ownership. Combining a walkable Downtown Lodi location, proximity to renowned wineries and tasting rooms, below-market rents, recent electrical upgrades, and a manageable 9-unit scale, the Church Street Apartments offer an appealing blend of current stability and long-term upside.

FOR SALE DETAILS

PRICE

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# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

78%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Church Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,136 SF

ZONING

-

APN/PARCEL ID

041-140-18

ASK ABOUT THIS PROPERTY

Adam LucatelloColliersMore Info
209-331-3184

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Adam LucatelloColliersMore Info
209-331-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.