1424 Graffigna Avenue, Lodi, CA 95242, Lodi, 95242 - 3 bed, 2 bath
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Lodi, CA 95242
This Versatile Traditional Home is a Prime Investment Opportunity, listed at $464,999—positioned well below the $481,730 Fair Market Value by 3%. This valuation gap offers $16,731 in Instant Equity for incoming buyers. Maintaining a Condition Rating of 3, the property features a modernized kitchen with stone countertops and a flexible converted patio perfect for a home office. Ideally located within walking distance to Reese Elementary, Millswood Middle, and Lodi High, this residence balances lifestyle convenience with financial upside. It is a perfect match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1424 Graffigna Avenue Subject | $449,999* List Price | 3 | 2 | 1,472 | $315 | - |
A 1421 Graffigna Sold | $466,200 | 3 | 2 | 1,277 | $365 | 0.0 mi |
B 418 Gerard Drive Sold | $455,000 | 2 | 2 | 1,405 | $324 | 0.1 mi |
C 2013 Jerry Lane Sold | $538,000 | 3 | 2 | 1,548 | $348 | 0.5 mi |
D 2312 Burton Way Sold | $490,000 | 3 | 2 | 1,242 | $395 | 0.7 mi |
E 1507 W Locust Street Sold | $440,000 | 2 | 1 | 1,363 | $323 | 0.1 mi |
F 18 Benson Drive Sold | $505,000 | 3 | 2 | 1,627 | $310 | 0.6 mi |
G 400 Pacific Pending | $485,000 List Price | 3 | 2 | 1,575 | $308 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant updates to high-value areas. The kitchen has been modernized with two-tone cabinetry, stone countertops, a farmhouse sink, and stainless steel appliances. The main bathroom is also updated with contemporary tiling and fixtures. While the 1953 structure shows its age in some areas and includes an unfinished half-bathroom project, the overall interior quality—including laminate flooring, recessed lighting, and crown molding—meets the criteria for a well-maintained, partially renovated home.
The property is ideally situated within walking distance to Reese Elementary, Millswood Middle, and Lodi High School, offering exceptional convenience for families.
The kitchen and main bathroom have been modernized, allowing buyers to enjoy updated finishes in the home's most high-traffic and high-value areas.
A converted patio adds flexible square footage that can serve as a home office, playroom, or a private retreat, catering to various lifestyle needs.
The half-bathroom remodel is incomplete, leaving the buyer with the responsibility of finishing the work and managing the associated costs.
As a 1953 build, the home may require more frequent maintenance or future upgrades to its original systems and exterior elements compared to modern homes.
Welcome to this inviting Lodi home in a great location within walking distance to Reese Elementary, Millswood Middle School, and Lodi High. The kitchen and main bathroom have been updated, and the layout offers flexibility for a variety of living needs. A converted patio is currently being used as additional living space and works well as a home office, playroom, or extra room. One bedroom has double doors that open into this area, creating an option for an expanded primary setup or separate retreat. A half bath is located just off this space, and the seller had planned to complete a full remodel, with key connections and groundwork already in place for a buyer to finish to their own taste. The backyard offers room to relax, garden, or entertain, with plenty of potential to personalize over time. Conveniently located near schools, parks, shopping, and everyday amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,472 | 1,915.5 | 21% |
| Lot Size | 6,495 | 6,091 | 63% |
| Price | $450.0K | $586.0K | 10% |
| Price per sq ft | $306 | $316 | 42% |
| Built year | 1953 | 1989 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 189 | 5% |
Apr 14, 2026
$449,999
$464,999
-3% Price Drop
Initial Listing
Mar 24, 2026
$464,999
$469,999
-1% Price Drop
Initial Listing
Mar 11, 2026
$469,999
$475,000
-1% Price Drop
Initial Listing
Feb 17, 2026
$475,000
Initial Listing
Apr 9, 2015
$166,000
Public Record
Dec 22, 2005
$335,000
Public Record
Jun 29, 2000
$125,000
Public Record
Aug 31, 1999
$110,000
Public Record