| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Fair |
| Demographics | 43rd | Good |
| Amenities | 40th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 619 N Church St, Lodi, CA, 95240, US |
| Region / Metro | Lodi |
| Year of Construction | 1984 |
| Units | 21 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
619 N Church St Lodi Multifamily Investment
Neighborhood occupancy trends sit in the low-90s with a solid renter base, pointing to steady leasing conditions for a 21-unit asset, according to WDSuite s CRE market data from its commercial real estate analysis.
Positioned in Lodi s Inner Suburb profile within the Stockton metro, the neighborhood rates a B and is competitive among local peers (ranked 73 out of 179 metro neighborhoods). Parks density is a clear strength, landing in the top quartile nationally, which supports livability and retention. Grocery access also tests above national medians, while cafes and pharmacies are limited in the immediate neighborhood an operational consideration for residents.
For multifamily demand, the renter-occupied share is elevated versus national norms (82nd percentile), indicating a deeper tenant base and potential for steadier absorption. Neighborhood occupancy is approximately 94% (64th percentile nationally), suggesting generally stable operations, though not top of market in the metro (rank 101 of 179). Median contract rents benchmark above national medians (64th percentile), while the rent-to-income profile indicates comparatively manageable rent loads (69th percentile), a positive for lease retention and bad-debt control.
Within a 3-mile radius, population and household counts have grown in recent years and are projected to continue increasing through the next five years, pointing to a larger tenant base and renter pool expansion. Income levels in the 3-mile area have trended higher, which supports demand for well-maintained product and selective upgrades.
The property s 1984 vintage is newer than the neighborhood s older average stock (1960s era), offering relative competitiveness versus legacy assets and potential to capture tenants seeking more contemporary layouts. Investors should still underwrite routine capital needs and modernization of systems to meet current renter expectations.
Home values in the neighborhood score in a higher national percentile, signaling a high-cost ownership market that can reinforce reliance on rental housing and support pricing power when paired with sound operations. Average school ratings trail national medians, which may temper some family-driven demand, but the strong parks access and everyday retail proximity help balance overall livability.
Safety indicators trail national medians overall (29th percentile nationally), and the neighborhood ranks below the metro median (117 out of 179) on composite crime measures. Recent year estimates point to increases in both violent and property offenses, so investors should incorporate prudent security planning, lighting, and resident-engagement measures in underwriting and asset management.
Framing this comparatively helps with risk assessment: the area is not among Stockton s safest sub-areas, but security-forward operations and screening can mitigate exposure and help sustain occupancy.
Regional employment is diversified across consumer products, logistics, paper/packaging, healthcare services, and technology supporting commuter demand and renter retention for workforce housing. Representative employers include Clorox, DISH Network Distribution Center, International Paper, Cardinal Health, Xerox State Healthcare, and Intel s Folsom office.
- Clorox consumer products offices (20.2 miles)
- DISH Network Distribution Center telecom distribution center (27.5 miles)
- International Paper paper & packaging offices (32.7 miles)
- Cardinal Health healthcare logistics (32.9 miles)
- Xerox State Healthcare healthcare IT services (34.5 miles)
- Intel Folsom FM5 technology offices (35.2 miles)
619 N Church St offers a 1984-vintage, 21-unit profile in a neighborhood with steady operations and a deeper-than-average renter base. Neighborhood occupancy sits near the low-90s and NOI per unit benchmarks in the top quartile nationally, indicating resilient fundamentals for stabilized cash flow, based on CRE market data from WDSuite. Elevated home values in the area support continued renter reliance on multifamily housing, while rent-to-income metrics suggest room to manage renewals and reduce turnover costs through service and retention programs.
Demand drivers extend beyond the block: within a 3-mile radius, population and households have grown and are projected to expand further, pointing to renter pool expansion that can support occupancy and measured rent growth. The 1984 vintage compares favorably to older neighborhood stock, with potential to capture tenants seeking relatively newer layouts; investors should still budget for targeted system updates and common-area improvements.
- Top-quartile NOI per unit and stable neighborhood occupancy support cash-flow durability.
- Elevated renter concentration and high-cost ownership market reinforce multifamily demand.
- 1984 vintage is competitive versus older local stock; scope targeted upgrades for further lift.
- 3-mile population and household growth indicate a larger tenant base and leasing depth.
- Risk: safety metrics trail metro medians; underwrite security measures and prudent operations.