| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 43rd | Good |
| Amenities | 76th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 710 Wimbledon Dr, Lodi, CA, 95240, US |
| Region / Metro | Lodi |
| Year of Construction | 1979 |
| Units | 51 |
| Transaction Date | 2014-07-09 |
| Transaction Price | $7,450,000 |
| Buyer | 3640 ASSOCIATES |
| Seller | JA LL CAMACHO MARITAL TRUST |
710 Wimbledon Dr, Lodi CA Multifamily Opportunity
Neighborhood occupancy is strong and renter demand is supported by a roughly even renter/owner mix, according to WDSuite s CRE market data. The location a0offers durable leasing fundamentals for an investor focused on stable operations.
Rated A+ and ranked 3 out of 179 Stockton metro neighborhoods, this Inner Suburb location is competitive for multifamily investors. Amenity access is a clear strength, with restaurants, cafes, parks, groceries, and pharmacies placing the neighborhood in the top quartile nationally, reinforcing day-to-day convenience that supports leasing and retention.
Neighborhood occupancy is high (top decile nationally) and has edged higher over the last five years, indicating resilient demand through cycles. The share of housing units that are renter-occupied is just over half, signaling a deep tenant base and steady turnover that supports ongoing leasing activity rather than sporadic demand spikes.
Within a 3-mile radius, demographics point to a growing tenant base ahead: forecasts show an increase in households and rising incomes by 2028, which typically supports occupancy stability and measured rent growth. While recent population counts were roughly flat, the projected household expansion suggests smaller household sizes and more renters entering the market a0 trends that generally benefit multifamily absorption.
Home values in the neighborhood sit in a higher-cost ownership context compared with many U.S. areas (top quartile nationally by value-to-income), which tends to sustain reliance on rental options and can aid lease retention. Average school ratings are below regional leaders, so family-oriented demand may be more price- and location-sensitive; however, strong amenity access helps offset some of that effect for many renter cohorts.
The asset a0was built in 1979, modestly older than the neighborhood s average vintage. That creates potential for value-add through targeted renovations and building system upgrades, while requiring thoughtful capital planning to maintain competitive positioning against newer stock.
Safety indicators are mixed relative to the Stockton metro and to national comparisons. Overall crime performance sits around the middle of the pack locally (ranked 85 among 179 metro neighborhoods), translating to conditions that are neither among the safest nor the highest risk in the region.
Nationally, rates land near average for both property and violent offenses. Recent trends show property offenses easing year over year, while violent incidents have been more volatile. For investors, this suggests monitoring submarket trends and emphasizing standard security measures and lighting, alongside community engagement, to support resident comfort and retention.
Nearby employers span consumer goods, logistics, healthcare services, and technology operations a0 a mix that supports workforce housing demand and commute convenience for renters. Specifically, this area is influenced by Clorox, DISH Network Distribution Center, International Paper, Cardinal Health, and Xerox State Healthcare.
- Clorox consumer products (17.6 miles)
- DISH Network Distribution Center logistics & distribution (30.0 miles)
- International Paper packaging & paper (34.9 miles)
- Cardinal Health healthcare logistics (35.4 miles)
- Xerox State Healthcare healthcare technology services (36.8 miles)
710 Wimbledon Dr offers durable renter demand in an A+ rated neighborhood with high occupancy and strong amenity access. Based on CRE market data from WDSuite, the neighborhood s occupancy stands in the upper tier nationally and renter-occupied housing is roughly half of the stock, supporting a reliable tenant pipeline and steady leasing. The 1979 vintage suggests value-add potential through interior updates and system upgrades to enhance competitive positioning against newer assets.
Within a 3-mile radius, forward-looking indicators point to increased households and higher incomes, expanding the renter pool and supporting pricing power while keeping an eye on affordability pressure. Elevated ownership costs in the area tend to reinforce multifamily reliance, which can aid retention. Key risks to underwrite include below-average school ratings and mixed safety trends, arguing for a focus on operations, maintenance, and resident experience.
- High neighborhood occupancy and amenity depth support leasing stability
- Renter concentration around half the housing stock indicates a deep tenant base
- 1979 vintage provides value-add and modernization potential with thoughtful CapEx
- 3-mile forecast shows household and income growth, bolstering long-term demand
- Risks: below-average school ratings and variable safety trends warrant active management