
Lathrop, CA 95330
This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $399,000. Although positioned above the $345,230 Fair Market Value by 15%, the entry point remains significantly lower than renovated neighborhood comparables that recently sold for $517,000. Featuring a Condition Rating of 5, this 1963 structure requires a full rehab but offers a functional 4-bedroom, 2-bathroom layout and No HOA fees. Located near Lathrop High School, this project is ideal for Fix-and-Flip Investors or Contractors seeking a high-upside renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20 Shilling Avenue Subject | $389,000* List Price | 4 | 2 | 1,360 | $254 | - |
A 825 Granite Avenue Sold | $480,000 | 3 | 2 | 1,365 | $352 | 0.6 mi |
B 775 Cherry Hills Court Sold | $485,000 | 3 | 2 | 1,353 | $358 | 0.5 mi |
C 587 Somoa Lane Pending | $399,000 List Price | 4 | 2 | 1,324 | $301 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and sold 'as-is,' this property requires a full rehab. The kitchen features original or highly dated cabinetry and flooring, and the presence of a window AC unit suggests a lack of modern central HVAC. While one bathroom shows a partial cosmetic update, the overall interior shows significant wear, popcorn ceilings, and aged systems consistent with a 60-year-old structure needing major investment.
Priced competitively at $399,000, this property offers significant equity-building potential for investors or buyers looking to customize a home and capitalize on the Lathrop market.
The 4-bedroom, 2-bathroom configuration provides a highly desirable and versatile floor plan that accommodates larger families or provides ample space for a home office.
With an association fee of $0, homeowners benefit from lower monthly carrying costs and greater freedom to modify the property without restrictive community guidelines.
The property is sold in 'as-is' condition and requires significant updates and repairs, which will necessitate a substantial upfront investment of time and capital.
Built in 1963, the home likely features original systems that may require modernization to meet current energy efficiency standards and building codes.
This 4-bedroom, 2-bath home offers a great opportunity for those ready to roll up their sleeves and bring their vision to life. With a spacious floor plan and solid potential, this property is ideal for buyers looking to renovate and customize a home to their exact taste. While it does require updates and repairs, it provides the perfect canvas to create something truly special. Being sold as-is, this is a chance to invest in a property with upside and transform it into a beautiful, personalized space. With the right improvements, this home can shine and become a standout for years to come.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,360 | 2,182 | 8% |
| Lot Size | 5,001 | 5,385 | 42% |
| Price | $389.0K | $667.4K | 4% |
| Price per sq ft | $286 | $305 | 36% |
| Built year | 1963 | 2021 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 232 | 1% |
Jun 1, 2026
$389,000
$399,000
-3% Price Drop
Initial Listing
Apr 3, 2026
$399,000
Initial Listing