
Lodi, CA 95242
This Single Family Residence represents a Strong Value Opportunity, listed at $462,000—positioned above the $444,819 Fair Market Value. While priced slightly above market, the property features a 1-year-old HVAC system and a Fair Condition Rating, providing a stable foundation for cosmetic upgrades. Located within walking distance to the 7-rated Ellerth E. Larson Elementary School, this home offers significant long-term potential for those looking to build equity. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable home in a prime Lodi neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1930 Norfolk Drive Subject | $462,000* List Price | 3 | 2 | 1,362 | $327 | - |
A 1959 Yorktown Drive Sold | $558,000 | 4 | 2 | 1,486 | $376 | 0.1 mi |
B 1754 Lakeshore Drive Sold | $495,000 | 3 | 2 | 1,602 | $309 | 0.3 mi |
C 2347 Portsmouth Drive Sold | $510,000 | 4 | 2 | 1,552 | $329 | 0.2 mi |
D 1517 Burgundy Drive Sold | $525,000 | 3 | 2 | 1,538 | $341 | 0.6 mi |
E 1911 Lexington Drive Pending | $515,000 List Price | 3 | 2 | 1,419 | $363 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, the property is 30 years old and features dated interior finishes like patterned carpeting and original tile. While the HVAC system is excellent (1 year old) and the home is well-maintained, the age and need for cosmetic updates in the kitchen and baths align with the Fair category.
The HVAC system is just over one year old, providing immediate energy efficiency and saving the future owner from a major capital expense.
Situated in a highly desirable Lodi neighborhood, the home is within walking distance to the top-rated Larson Elementary School and local parks.
The property is in solid functional condition, offering a perfect 'blank canvas' for buyers to build rapid equity through cosmetic modernizations.
The interior requires investment in cosmetic finishes to bring the home up to modern aesthetic standards, which may deter buyers seeking a turn-key move-in.
With 1,362 square feet of living area, the home is smaller than many contemporary three-bedroom residences, potentially limiting its appeal for larger families.
Welcome to 1930 Norfolk Drive in Lodia solid opportunity in one of Lodi's most desirable neighborhoods. This well-maintained home has been cared for over the years and offers a strong foundation for its next owner. One of the standout features is the HVAC system, which is just over one year old, providing peace of mind, improved energy efficiency, and saving the next owner from a major expense. Inside, you'll find a home that is in good overall condition and fully functional, while also presenting an excellent opportunity to update cosmetic finishes and create a space that reflects your personal style. Whether you're a first-time buyer looking to build equity, an investor seeking value, or someone wanting a home you can customize over time, this property offers tremendous potential. Location is another major highlight. Situated near the highly sought-after Larson Elementary School, this home benefits from being in one of Lodi's most desirable areas, with convenient access to parks, shopping, dining, and everyday amenities. Enjoy the comfort of knowing the home's major systems have been cared for while adding your own vision and updates to make it truly your own. With a newer HVAC system, a prime location, and room to build equity through cosmetic improvements, 1930 Norfolk Drive represents an outstanding opportunity in today's market. Don't miss your chance to make this Lodi home your own.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.0 mi
Grades 7-8 • 1.1 mi
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 | 1,362 | 1,918.5 | 15% |
| Lot Size | 5,650 | 6,229.5 | 29% |
| Price | $462.0K | $589.5K | 16% |
| Price per sq ft | $339 | $319 | 67% |
| Built year | 1994 | 1989 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 202 | 1% |
May 30, 2026
$462,000
Initial Listing