$7,000,000
$7,200,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
7,552 SqFt
SOLD DATE : 09/09/2026
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
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