Marlina Johnson

Agent

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$ 7,000,000

$ 7,200,000 2.8%

Est. payment | -/mo

7,552 SqFt

$ 7,000,000

$ 7,200,000 2.8%

Est. payment | -/mo

7,552 SqFt

Key Details

Sold Price $7,000,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 7,552 sqft

Price per Sqft $926

MLS Listing ID 226036114

Sold Date 09/09/26

HOA Y/N No

Year Built 1980

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

The Winchester Apartments are a 38-unit multifamily portfolio situated on four (4) separate parcels located at 2424 Winchester Dr, 2510 Winchester Dr, 2516 Winchester Dr and 722 McCoy Ct in Lodi, CA. The properties are situated on approximately 1.93 acres totaling approximately 32,704 square feet of rentable building area. Unit sizes range from 600 to 1,000 square feet, catering to strong workforce housing demand in a market characterized by steady population, growth and relative affordability. The property is strategically located near the Reynolds Ranch master-planned retail development, one of Lodi's most significant commercial hubs. Reynolds Ranch is anchored by national retailers including Costco Wholesale, The Home Depot, Sprouts Farmers Market, Dick's Sporting Goods, and a growing mix of dining and service tenants. This concentration of retail and employment amenities enhances daily convenience for residents, drives traffic to the area, and supports long-term rental demand. Winchester Apartments presents a compelling value-add opportunity driven by aging multifamily inventory and measurable mark-to-market rent upside. Many comparable properties in Lodi remain under-renovated and leased below current market levels.

Location

State CA

County San Joaquin

Area 20901

Direction Heading north on HWY 99, take exit 263 onto E. Harney Ln. Head West on E. Harney Ln for 1 mile, then turn right onto S. Hutchins St. Take your first left onto Wimbledon Dr, then another left onto Winchester. The property will be on your left.

Rooms

Other Rooms Unit-1 Approx SqFt: 600 Bedrooms: 1 Full Baths: 1 Total Rooms: 2 Rent: 1360 SqFt Source: Owner

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Laundry In Common Area, Varies by Unit

Exterior

Parking Features See Remarks

Utilities Available Cable Connected, Sewer Connected, City, Electric, Natural Gas Connected

Water Access Desc See Remarks

Building

Lot Description None

Story 2

Foundation SeeRemarks

Sewer See Remarks

Water See Remarks

Schools

Elementary Schools Lodi Unified

Middle Schools Lodi Unified

High Schools Lodi Unified

School District San Joaquin

Others

Senior Community No

Tax ID 060-230-01

Special Listing Condition None

Listed by Colliers Parrish Intenational Inc.
Bought with Colliers Parrish Intenational Inc.

Schools and Properties Nearby

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2424 Winchester DR Lodi, CA 95240