
Lodi, CA 95242
This condominium represents a High-Potential Investment Opportunity with a List Price of $210,000—positioned well below the $255,575 Fair Market Value by 17%. This valuation gap offers $45,575 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with modern interior updates, the unit includes a community pool, spa, and clubhouse. This asset is currently tenant-occupied, providing immediate rental income. It is an ideal acquisition for Buy-and-Hold Investors or experienced landlords seeking a turnkey, income-generating property in Lodi.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2401 Eilers Lane 703 Subject | $199,900* List Price | 1 | 1 | 937 | $269 | - |
A 2401 Eilers Lane 804 Sold | $255,000 | 1 | 1 | 937 | $272 | 0.0 mi |
B 2401 Eilers Lane 304 Pending | $259,000 List Price | 1 | 1 | 937 | $276 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1988 (36 years old), the property would typically be 'fair' or 'poor,' but the interior imagery reveals a modern bathroom renovation featuring white shaker cabinets, stone countertops, and updated tile flooring (likely <10 years old). While the seller's lack of recent access and 'as-is' status suggest potential deferred maintenance in unseen areas or systems, the visible updates indicate the unit has been well-maintained and modernized beyond its original 1980s construction.
The property offers a turnkey investment opportunity with a long-term tenant already in place, generating $1,100 in monthly rent with a significant portion guaranteed by Section 8.
Located in the sought-after Woodlake North community, the property benefits from premium features including mature landscaping, peaceful ponds, a pool, spa, and a clubhouse.
The condominium is ideally situated near Lodi Lake, Wine & Roses, and downtown Lodi, providing high appeal for future tenants and long-term property value appreciation.
No interior inspections or showings are permitted prior to an accepted offer, which increases the risk profile and may limit the buyer pool to experienced investors.
The property is sold in 'as-is' condition and the seller has not had recent access to the interior, potentially masking necessary repairs or deferred maintenance.
Investor opportunity in the highly desirable Woodlake North community. This one bedroom plus den condominium is being offered with a long-term tenant in place and immediate rental income. Current rent is $1,100 per month, with approximately $865 paid through the Section 8 Housing Program and the balance paid by the tenant. Buyer shall assume the existing tenant and all tenancy matters following the close of escrow. The seller has not had recent access to the interior of the property and is unaware of the current condition of the unit. Property is being sold as-is. Due to tenant occupancy, no interior inspections or showings will be permitted prior to acceptance of an offer. Buyer shall have one scheduled access period after acceptance to conduct all desired inspections, investigations, and due diligence. Woodlake North is one of Lodi's most sought-after condominium communities, featuring mature landscaping, peaceful ponds, a community pool, spa, clubhouse, and a prime location near Lodi Lake, Wine & Roses, shopping, dining, and downtown Lodi. Cash buyers or investors familiar with tenant-occupied properties are encouraged to inquire.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 0.9 mi
Grades 7-8 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 937 | - |
| Lot Size | 902 | - |
| Price | $199.9K | $249.7K |
| Price per sq ft | $213 | $255 |
| Built year | 1988 | 0 |
| HOA | $400 | $0 |
| Days on market | 38 | 61 |
Jun 28, 2026
$199,900
$210,000
-5% Price Drop
Initial Listing
Jun 14, 2026
$210,000
Initial Listing
May 27, 2021
$235,000
Public Record
Dec 12, 2014
$119,000
Public Record
Nov 25, 2008
$85,000
Public Record
Jul 29, 2005
$174,000
Public Record