834 S Washington Street, Lodi, CA 95240, Lodi, 95240 - 5 bed, 3 bath
834 S Washington Street
Lodi, CA 95240
Property Price
SUMMARY
Analysis of 834 S Washington Street, Lodi, CA 95240 is currently available with a list price of $599,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lodi Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1971, making it over 50 years old. While the listing mentions 'a recently updated unit' with modern tile flooring, updated kitchen cabinets, countertops, and bathroom fixtures, this implies other units are not updated. The exterior and common areas appear maintained but show their age, and the presence of window AC units suggests older cooling systems for some units. This mix of updated and likely outdated components, along with the property's age, places it in the 'Fair' category, indicating it's aged but maintained, with some parts requiring future updates.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment Opportunity
The property is explicitly marketed as a 'strong investment opportunity' ideal for investors seeking steady cash flow, indicating a clear value proposition.
- Low Operating Expenses
Tenants are responsible for all utilities, significantly reducing the owner's operating expenses and enhancing net income.
- Reliable Tenant Occupancy
The property boasts reliable tenant occupancy, ensuring consistent rental income and minimizing vacancy risks for the investor.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential System Upgrades
Built in 1971, the property is over 50 years old, which may imply older major systems (HVAC, plumbing, electrical) in non-updated units or common areas that could require future capital expenditures.
- Partial Unit Updates
Only 'a recently updated unit' is mentioned, suggesting the other two units may not be updated, potentially limiting rental income growth or requiring future investment to modernize.
- Lack of Specific Amenities Detail
The description does not detail specific amenities such as dedicated parking, in-unit laundry, or private outdoor spaces, which could be a competitive factor for tenants.
About 834 S Washington Street
**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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1971
- Lot Size
- 6,499 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,143 | 2,333.5 | 50% |
| Lot Size | 6,499 | 5,861 | 50% |
| Price | $599.0K | $589.5K | 50% |
| Price per sq ft | $280 | $230 | 75% |
| Built year | 1971 | 1973 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 84 | 50% |
Pricing History
Listed for Sale
Jan 20, 2026
$599,000
Initial Listing
Sold
Aug 31, 2020
$460,000
Public Record
Sold
Sep 9, 2005
$418,263
Public Record
Sold
Jan 31, 2002
$180,000
Public Record
Sold
Sep 29, 1997
$108,500
Public Record