1126 Lake Home Drive, Lodi, CA 95242, Lodi, 95242 - 2 bed, 1 bath
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Lodi, CA 95242
This Value-Add Residential Asset is listed at $385,000 against a $318,711 Fair Market Value, reflecting the premium Lodi Lake area location. Boasting a Condition Rating of 5, the home requires a comprehensive renovation but offers a substantial 8,450 sqft lot featuring a side yard, patio, and significant Expansion Potential. Proximity to Lakewood Elementary and Lodi High School ensures long-term desirability and rental demand. This property represents a strategic project for Fix-and-Flip Investors or Contractors looking to capitalize on high lot utilization and forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1126 Lake Home Drive Subject | $385,000* List Price | 2 | 1 | 1,167 | $273 | - |
A 1427 Reiman Street Sold | $420,000 | 3 | 1 | 1,166 | $360 | 0.3 mi |
B 728 N Mills Avenue Sold | $290,000 | 2 | 1 | 838 | $346 | 0.2 mi |
C 2132 Tracy Place Sold | $410,000 | 3 | 2 | 1,075 | $381 | 0.9 mi |
D 2107 Yosemite Drive Sold | $455,000 | 3 | 2 | 1,447 | $314 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 with no significant modern renovations. The kitchen and bathroom feature dated tile and wallpaper likely over 30 years old. Interior shows visible wall damage and peeling paint, while the exterior and yard indicate significant deferred maintenance. The property requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8450, living area = 1167.
Situated in the highly desirable Lodi Lake area, the property offers excellent proximity to recreational activities and local amenities.
The generous 8,450 sqft lot features a significant side yard, providing ample space for home additions, landscaping, or ADU development.
The 2-bedroom, 1-bathroom configuration may limit appeal for larger families or buyers seeking more modern living arrangements.
Built in 1961, the home is positioned as a fixer or investment opportunity, likely requiring capital for renovations and modernization.
Charming home in the desirable Lodi Lake area set on a spacious lot with endless potential. The property offers room to expand with the possibility of adding additional living space, making it ideal for those looking to customize or invest. Make sure to check out the additional side yard to the right of the home.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.5 mi
Grades 7-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,167 | 1,915.5 | 8% |
| Lot Size | 8,450 | 6,091 | 86% |
| Price | $385.0K | $586.0K | 2% |
| Price per sq ft | $330 | $317 | 65% |
| Built year | 1961 | 1989 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 189 | 1% |
Apr 16, 2026
$385,000
Initial Listing