1391 5th Street, Lincoln, CA 95648, Lincoln, 95648 - 3 bed, 1 bath
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Lincoln, CA 95648
This property presents a Strong Value Opportunity with a List Price of $449,000—positioned well below the $410,754 Fair Market Value by -9%. While the home maintains a Fair Condition Rating (4/10), the expansive corner lot offers significant development potential, including SB 9 lot split possibilities. Featuring a covered back deck and dual-gate access for RV parking, this asset provides immediate utility alongside long-term growth prospects. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in historic Lincoln.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1391 5th Street Subject | $449,000* List Price | 3 | 1 | 1,166 | $352 | - |
A 366 J Street Sold | $350,000 | 2 | 1 | 1,002 | $349 | 0.2 mi |
B 1101 N 1st Street Sold | $350,000 | 3 | 1 | 944 | $371 | 0.4 mi |
C 600 P Street Sold | $510,000 | 3 | 2 | 1,104 | $462 | 0.3 mi |
D 208 1st Street Sold | $460,000 | 3 | 2 | 1,214 | $379 | 0.8 mi |
E 654 B Street Sold | $399,000 | 3 | 2 | 1,373 | $291 | 0.8 mi |
F 1813 4th Street Sold | $450,000 | 3 | 2 | 1,090 | $413 | 0.5 mi |
G 1725 Schellbach Drive Sold | $525,000 | 4 | 2 | 1,617 | $325 | 0.4 mi |
H 352 I Street Sold | $475,000 | 3 | 2 | 1,440 | $330 | 0.3 mi |
I 155 I Street Pending | $350,900 List Price | 3 | 1 | 1,115 | $315 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1920, the home is well-maintained but significantly dated. The kitchen and bathroom feature cabinetry, vinyl flooring, and fixtures that appear to be over 20-30 years old, with visible wear on the bathroom vanity. While functional and move-in ready, the property requires cosmetic updates and likely modernization of older systems to meet current standards.
The corner lot configuration and potential for an SB 9 lot split offer significant flexibility for future development, adding an ADU, or increasing property value.
A fully fenced yard with two separate access gates provides excellent utility for RV, boat, or trailer parking, a high-demand feature for this region.
Situated in the heart of Lincoln, the property offers excellent proximity to historic downtown, local dining, schools, and parks, enhancing its lifestyle appeal.
With four bedrooms but only one bathroom, the home's layout may be challenging for larger families and could limit its appeal compared to modern multi-bath homes.
Built in 1920, the property may require significant maintenance or updates to aging systems such as plumbing, electrical, and insulation to meet contemporary standards.
Welcome to this charming, well-maintained home situated on a spacious corner lot in the heart of Lincoln. The fully fenced property offers added privacy along with two separate access gates, creating excellent options for RV, boat, trailer, or additional vehicle parking. A covered back deck overlooks the shaded backyard, providing a comfortable setting for relaxing, entertaining, or enjoying outdoor meals. The generous lot also offers room for gardening, storage, or future improvements. The corner-lot configuration may provide potential for an SB 9 lot split or additional development opportunities. Conveniently located near shopping, dining, schools, parks, and historic downtown Lincoln, this property combines everyday comfort with valuable flexibility for the future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,166 | - |
| Lot Size | 6,329 | - |
| Price | $449.0K | $636.0K |
| Price per sq ft | $385 | $333 |
| Built year | 1920 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 47 |
Jul 10, 2026
$449,000
Initial Listing
Oct 29, 2020
$335,500
Public Record