1108 Sylvia DrLodi, CA 95240

Property Details for 1108 Sylvia Dr

Lot size

0.88 AC

Zone code

40

Property type

Land

Property subtype

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.

• Alternative Use

  Use

  Valuation

  Residential

  $7,381,285

  Hospitality

  $6,761,217

  Educational

  $5,625,254

  Medical

  $5,818,714

  Retail

  $8,750,394

Location Insight

City

Lodi

County

San Joaquin

State

California

Latitude

38.1239

Longitude

-121.287

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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