| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 67th | Fair |
| Demographics | 23rd | Poor |
| Amenities | 29th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 510 E Vine St, Lodi, CA, 95240, US |
| Region / Metro | Lodi |
| Year of Construction | 1987 |
| Units | 22 |
| Transaction Date | 2013-08-19 |
| Transaction Price | $850,000 |
| Buyer | KAUTZ JOHN FREDRICK |
| Seller | ZAMORA ROMANA |
510 E Vine St, Lodi Multifamily Investment
Renter demand in this Lodi inner-suburb location appears durable, with neighborhood occupancy competitive versus national trends, according to WDSuite’s CRE market data.
This inner-suburb pocket of Lodi offers daily conveniences and dining density nearby, with restaurants per square mile performing in the top quartile nationally while grocery access is also strong. Parks, pharmacies, and cafes are less concentrated in the immediate area, so residents typically rely on nearby corridors for those services. Average school ratings trend below national norms, which investors should factor into resident profile and leasing strategy.
Neighborhood multifamily fundamentals are steady: occupancy is above the national median and has improved over the last five years, supporting leasing stability. Rents sit in the mid-to-upper band for comparable neighborhoods, indicating pricing power without being out of reach for the local tenant base.
At the neighborhood level, the share of housing units that are renter-occupied is high, signaling a deep tenant pool and resilience for multifamily assets. Within a 3-mile radius, population and households have increased in recent years, and forecasts point to continued household expansion by 2028 — trends that typically support occupancy stability and absorption for well-managed properties. These demographic statistics are aggregated within a 3-mile radius.
The property’s 1987 vintage is newer than the neighborhood’s older housing stock (average construction year circa 1960). That positioning can be competitive versus legacy inventory while still offering potential value-add through selective renovations and system modernization.
Safety conditions are mixed but improving. Overall, the neighborhood sits near the national middle for safety when compared to neighborhoods nationwide. Reported violent and property offense rates have declined markedly over the past year, which is constructive from a risk-management perspective, though property offenses remain elevated relative to many U.S. neighborhoods. Conditions vary block to block, so investors typically underwrite with conservative security, lighting, and operations plans.
Regional employment is diversified across consumer products, logistics, healthcare distribution, and technology, supporting a broad renter base that values commute convenience to Stockton–Sacramento corridor employers featured below.
- Clorox — consumer products (19.0 miles)
- DISH Network Distribution Center — telecom distribution (28.9 miles)
- International Paper — packaging & paper (34.1 miles)
- Cardinal Health — healthcare distribution (34.4 miles)
- Intel Folsom FM5 — semiconductor design center (36.3 miles)
510 E Vine St presents an investor-friendly blend of demand depth and operational upside. Neighborhood occupancy trends are solid, the renter-occupied share of housing units is high, and ownership costs in the area are elevated relative to income, all of which tend to support renter reliance and lease retention. Based on CRE market data from WDSuite, restaurants and grocery access test well against national benchmarks, while school quality and select amenities are less competitive — factors that can be managed with targeted positioning.
The 1987 vintage is advantageous versus the neighborhood’s older housing stock, offering competitive curb appeal and the potential for value-add through interior upgrades and systems modernization. Demographic trends within a 3-mile radius point to continued growth in households through 2028, which generally expands the tenant base and supports occupancy stability for well-operated assets.
- Stable neighborhood occupancy and high renter concentration support durable demand
- 1987 construction competes well versus older local stock with value-add potential
- Strong restaurant and grocery access with mid-tier rents aids leasing and retention
- 3-mile household growth outlook expands the renter pool through 2028
- Risks: below-average school scores, mixed safety indicators, and lighter park/cafe coverage