834 S Washington Street, Lodi, CA 95240, Lodi, 95240 - 5 bed, 3 bath
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Lodi, CA 95240
This Professionally Managed Triplex is a stable income asset with a List Price of $589,000, positioned accurately alongside its $580,088 Fair Market Value. The property holds a Good Condition Rating, distinguished by a recently modernized unit and a strategic utility structure where tenants pay all costs, maximizing net operating income. Situated near downtown Lodi’s amenities and transportation, the property ensures consistent rental demand and minimal management friction. This turnkey multi-family asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality house-hacking opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 834 S Washington Street Subject | $589,000* List Price | 5 | 3 | 2,143 | $271 | - |
A 325 Cypress St Sold | $565,000 | 6 | 0 | 2,684 | $211 | 0.3 mi |
B 348 Barrington Way Sold | $685,000 | 6 | 6 | 2,524 | $271 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1971 triplex is in good condition, highlighted by a recently renovated unit featuring modern grey tile flooring, updated kitchen cabinetry, and new appliances. While the exterior and some units reflect the property's original age, the interior updates and overall cleanliness indicate it is move-in ready with well-maintained systems and no immediate major repairs required.
Tenants are responsible for all utilities, which significantly minimizes the owner's monthly overhead and maximizes net operating income.
The property is ideally situated near downtown Lodi, offering tenants convenient access to shopping, dining, and transportation, which helps maintain high occupancy rates.
This professionally managed triplex features a recently updated unit and reliable occupancy, providing a steady cash flow opportunity with minimal immediate management demands.
Built in 1971, the property may require more frequent maintenance or future capital improvements to aging systems compared to newer residential income buildings.
While one unit has been recently updated, the remaining units may eventually require similar renovations to remain competitive and achieve top-of-market rental rates.
**834 Washington Street, Lodi** is a professionally managed triplex offering a strong investment opportunity. The property features a recently updated unit and reliable tenant occupancy. Tenants pay all utilities, keeping operating expenses low. Conveniently located near downtown Lodi, shopping, dining, and transportation. Ideal for investors seeking steady cash flow with minimal management demands.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,143 | 2,604 | 33% |
| Lot Size | 6,499 | 6,534 | 50% |
| Price | $589.0K | $584.5K | 50% |
| Price per sq ft | $275 | $215 | 83% |
| Built year | 1971 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 100 | 50% |
Mar 24, 2026
$589,000
$599,000
-2% Price Drop
Initial Listing
Jan 20, 2026
$599,000
Initial Listing
Aug 31, 2020
$460,000
Public Record
Sep 9, 2005
$418,263
Public Record
Jan 31, 2002
$180,000
Public Record
Sep 29, 1997
$108,500
Public Record