121 N Central Avenue, Lodi, CA 95240, Lodi, 95240 - 1 bed, 1 bath
ACTIVE$289,000$664/sqft
Est. Value: $289,000
%
FairlyEstimate
121 N Central Avenue, Lodi, CA 95240
1Bed
1Bath
664Sqft
1,999Lot
Price Vs. Estimate
The estimated value ($289,000) is $0 (0%) lower than the list price ($289,000). This property may be overpriced.
Key pros and cons
Top Pros:
Ideal for Specific Buyers: This property presents an excellent opportunity for first-time homebuyers seeking an affordable entry into the market or investors looking for a manageable rental property.
Top Cons:
Limited Living Space: The 1-bedroom, 1-bath configuration and small 664 square feet significantly restrict the potential buyer pool, making it unsuitable for families or those requiring more extensive living areas.
Compared to the nearby listings
Price:$289.0K vs avg $443.0K ($-154,000)16%
Size:664 sqft vs avg 1,418.5 sqft4%
Price/sqft:$435 vs avg $33988%
More Insights
Built in 1949 (77 years old).
Condition: Built in 1949, the property has received recent cosmetic updates like new paint and a partially modernized kitchen with newer cabinets, backsplash, and range. However, the bathroom remains significantly outdated with original-style tile and fixtures. The flooring throughout is dated ceramic tile, and the heating/cooling systems (wall heater, window AC units) are not modern central units. While move-in ready and maintained, major components show signs of being outdated and would require future updates to meet current standards.
Year Built
1949
Close
-
List price
$289K
Original List price
-
Price/Sqft
$435
HOA
$0
Days on market
-
Sold On
-
MLS number
225119167
Home ConditionFair
Features
Patio
View-
About this home
Welcome to your new home! This charming 1-bedroom, 1-bath home is an ideal opportunity for a first-time homebuyer or an investor. At 664 square feet, it offers a cozy and manageable living space. The property has been recently updated with a modern kitchen and new paint throughout, making it completely move-in ready. Its convenient location is a major plus, as it's close to shopping centers, downtown Lodi, and the freeway, providing easy access to all the amenities the area has to offer.
J
Joe Fernandez
Listing Agent
Price History
Date
Event
Price
02/02/01
Sold
$70,000
07/05/12
Sold
$33,000
Condition Rating
Fair
Built in 1949, the property has received recent cosmetic updates like new paint and a partially modernized kitchen with newer cabinets, backsplash, and range. However, the bathroom remains significantly outdated with original-style tile and fixtures. The flooring throughout is dated ceramic tile, and the heating/cooling systems (wall heater, window AC units) are not modern central units. While move-in ready and maintained, major components show signs of being outdated and would require future updates to meet current standards.
Pros & Cons
Pros
Ideal for Specific Buyers: This property presents an excellent opportunity for first-time homebuyers seeking an affordable entry into the market or investors looking for a manageable rental property.
Move-in Ready Condition: The home has been recently updated with a modern kitchen and fresh paint throughout, ensuring it is completely move-in ready for immediate occupancy without additional renovation costs.
Convenient Location: Its prime location offers easy access to shopping centers, downtown Lodi, and the freeway, providing residents with convenience and connectivity to local amenities and transportation.
Manageable Living Space: At 664 square feet, the property offers a cozy and easily maintainable living space, appealing to individuals or couples who prefer a smaller footprint.
No Association Fees: The absence of association fees is a significant financial advantage, reducing monthly housing costs for the owner.
Cons
Limited Living Space: The 1-bedroom, 1-bath configuration and small 664 square feet significantly restrict the potential buyer pool, making it unsuitable for families or those requiring more extensive living areas.
Older Construction: Built in 1949, while cosmetically updated, the property's age may imply potential for older underlying systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades not covered by recent renovations.
Small Lot Size: The 1999 square foot lot is relatively small for a single-family residence, offering limited outdoor space for recreation, gardening, or potential future expansion.