1215 W Walnut Street, Lodi, CA 95240, Lodi, 95240 - 2 bed, 2 bath
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Lodi, CA 95240
This Classic 1948 Mid-Century Residence is a Strong Value Opportunity, listed at $496,000—positioned well below the $521,251 Fair Market Value by 4%. This valuation gap offers $25,251 in Instant Equity. Boasting a Condition Rating of 3, the home features original hardwood floors, dual-pane windows, and a spacious corner lot with RV/Boat parking. Located within walking distance to historic downtown Lodi, it balances vintage charm with modern utility. This property is an ideal match for Owner-Occupants or first-time buyers seeking a move-in-ready home with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1215 W Walnut Street Subject | $489,000* List Price | 2 | 2 | 1,613 | $317 | - |
A 610 N California Street Sold | $584,000 | 3 | 2 | 1,763 | $331 | 0.8 mi |
B 525 Connie Street Sold | $495,000 | 3 | 2 | 1,435 | $345 | 0.5 mi |
C 613 S Lee Avenue Sold | $480,000 | 2 | 2 | 1,494 | $321 | 0.6 mi |
D 648 Daisy Avenue Sold | $490,000 | 3 | 2 | 1,465 | $334 | 0.7 mi |
E 822 S California Street Sold | $475,000 | 3 | 2 | 1,767 | $269 | 0.6 mi |
F 537 Palm Avenue Sold | $490,000 | 4 | 2 | 1,688 | $290 | 1.0 mi |
G 525 W Tokay Street Pending | $512,500 List Price | 2 | 2 | 1,614 | $318 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is exceptionally well-maintained and move-in ready, successfully blending its 1948 vintage character with essential modern upgrades. Key improvements include newer dual-pane windows, a newer water heater, and updated stainless steel kitchen appliances. While the kitchen and bathroom retain their original 'retro' styling (such as the 1940s pink tile), the surfaces are clean and functional. The original hardwood floors are in excellent condition, and the home features updated recessed lighting and modern ceiling fans, meeting the criteria for a well-maintained home within its expected lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7588, living area = 1613.
The home preserves its 1948 charm with original hardwood floors and classic architectural details, while benefiting from essential modern upgrades like dual-pane windows, newer kitchen appliances, and a newer water heater.
Situated on a spacious corner lot, the property features rare amenities including dedicated RV or boat parking with a clean-out hookup and a versatile two-car garage equipped with a workbench and a secondary restroom.
With only two bedrooms and one primary indoor bathroom, the layout may be restrictive for growing families or buyers seeking a traditional master suite configuration.
The retro kitchen and 1940s-style pink and maroon bathroom tile, while well-maintained, may require a significant renovation investment for buyers looking for a contemporary finish.
Charming 1948 Lodi Home on a spacious corner lot in a desirable Lodi neighborhood. Welcome to this classic 1948 built home, lovingly maintained and rich with character and timeless detail. This 2 bedroom, 1 bath home offers 1,613 sq. ft. of comfortable living space in a highly desirable Lodi neighborhood within walking distance to historic downtown. Step through the formal entryway into the inviting living room featuring beautiful original hardwood floors, wood burning fireplace, and abundant natural light from newer dual pane windows. A separate den with new laminate flooring provides the perfect spot for an office, TV lounge, or guest space. The formal dining room connects to a charming retro kitchen with tile flooring, newer appliances, abundant storage, and easy access to the indoor laundry room. The bathroom retains its 1940s vintage charm, featuring the original pink and maroon tile detailing around the vanity and tub. Storage abounds throughout the home, including built in cabinetry and spacious closets. Outside, the property sits on a large, well maintained corner lot with bright flowers, young trees, and a raised garden bed ready for vegetables. There's plenty of parking space for an RV, boat (there's even a clean-out hookup) or maybe even a tiny home! The 2 car garage is a standout feature, including a workbench niche, a man John'' restroom, and a cold closet for food or supply storage. It's connected to the house by a breezeway, offering convenience and charm. With a newer water heater, newer kitchen appliances, and dual-pane windows throughout, this home blends vintage character with smart modern updates. Come experience the warmth, space, and potential of this distinctive Lodi gem, a true blend of mid century personality and practical comfort.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,613 | 1,492 | 58% |
| Lot Size | 7,588 | 6,199 | 77% |
| Price | $489.0K | $480.0K | 53% |
| Price per sq ft | $303 | $334 | 34% |
| Built year | 1948 | 1963 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 204 | 1% |
Jun 5, 2026
$489,000
$496,000
-1% Price Drop
Initial Listing
Apr 9, 2026
$496,000
Initial Listing
Aug 10, 2012
$130,000
Public Record
Aug 9, 2007
$300,000
Public Record