
Lodi, CA 95240
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $407,411 Fair Market Value by 2%. This valuation gap offers $7,411 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant renovation, yet the 8,050 sqft lot and functional floor plan provide a solid foundation for value-add projects. This asset is ideal for Fix-and-Flip Investors or first-time buyers seeking to build equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Park St Subject 3 bd · 2 ba · 1,279 sqft · $319 | $400,000* List Price | 3 | 2 | 1,279 | $319 | - |
A 709 S Lee Avenue Sold 3 bd · 2 ba · 1,469 sqft · $323 · 0.5 mi | $475,000 | 3 | 2 | 1,469 | $323 | 0.5 mi |
B 909 S Pleasant Avenue Sold 3 bd · 3 ba · 1,502 sqft · $293 · 0.2 mi | $440,000 | 3 | 3 | 1,502 | $293 | 0.2 mi |
C 414 Concord Street Sold 2 bd · 1 ba · 1,309 sqft · $305 · 0.5 mi | $399,000 | 2 | 1 | 1,309 | $305 | 0.5 mi |
D 1007 Cardinal Street Sold 3 bd · 2 ba · 1,121 sqft · $384 · 0.6 mi | $430,000 | 3 | 2 | 1,121 | $384 | 0.6 mi |
E 525 W Tokay Street Sold 2 bd · 2 ba · 1,614 sqft · $314 · 0.6 mi | $506,000 | 2 | 2 | 1,614 | $314 | 0.6 mi |
F 819 Sylvia Drive Sold 3 bd · 2 ba · 1,453 sqft · $337 · 0.7 mi | $490,000 | 3 | 2 | 1,453 | $337 | 0.7 mi |
G 830 Windsor Drive Pending 4 bd · 2 ba · 1,659 sqft · $235 · 0.6 mi | $389,900 List Price | 4 | 2 | 1,659 | $235 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, this 80-year-old property requires significant rehab and TLC as noted in the description. Interior images show highly dated finishes, an unconventional converted living space with painted concrete floors, window AC units instead of modern central HVAC, and an outdated bathroom needing a complete overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8050, living area = 1279.
The property sits on a spacious 8,050 square foot lot, providing ample room for outdoor entertaining, gardening, or potential future expansions.
Conveniently located near Downtown Lodi, local wineries, and Highway 99, offering residents easy access to shopping, dining, and essential commuting routes.
The home is in need of substantial updating and repairs, which will require a buyer with the vision and budget to manage a renovation project.
Built in 1946, the property likely features older systems and finishes that may not meet modern efficiency standards without a complete overhaul.
A fantastic opportunity at a great price! This spacious 3 bedroom, 1.5 bathroom home offers approximately 1,279 square feet of living space and sits on a generously sized lot. The home needs TLC and updating, but it offers tremendous potential for a buyer ready to bring their vision and transform it into something special. The functional floor plan provides spacious living areas and plenty of possibilities for customization. Outside, the large backyard offers room to relax, entertain, garden, or create the outdoor space you have been envisioning. Conveniently located near Downtown Lodi, shopping, restaurants, parks, local wineries, and everyday essentials, with easy access to Highway 99. Whether you are a first time homebuyer looking to build equity or an investor searching for your next project, this property presents an exciting opportunity. Priced with its current condition in mind, this home is ready for someone willing to put in the work and unlock its full potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,279 | 1,709.197 |
| Lot Size | 8,050 | 6,526.22 |
| Price | $400.0K | $543.0K |
| Price per sq ft | $313 | $328 |
| Built year | 1946 | 1974 |
| HOA | $0 | $301 |
| Days on market | 40 | 58 |
Sep 17, 2026
$400,000
Initial Listing
Oct 22, 2009
$130,136
Public Record
Dec 29, 2004
$307,000
Public Record
Nov 12, 2003
$154,000
Public Record