2401 W Elm St, Lodi, CA 95242, Lodi, 95242 - 2 bed, 1 bath
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2401 W Elm St
Lodi, CA 95242
ACTIVE
CONDITION: FAIR
2Beds
1Baths
833Sq Ft
1,891Lot Size
Property Price
LIST PRICE$325,000
EST. MARKET VALUE
$271,704
19% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well above the $271,704 Fair Market Value by 19%. While the property requires significant cosmetic updates due to its Fair Condition Rating, the inclusion of a two-car garage and community pool provides functional utility. The unit offers a low-maintenance lifestyle, though the $400 monthly HOA fee necessitates careful cash-flow analysis. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing value-add renovations.
Estimated Market Value
$271,704
Based on Realkey algorithm analyzing recent comparable sales in Lodi.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2401 W Elm St Subject 2 bd · 1 ba · 833 sqft · $326 | $325,000* List Price | 2 | 1 | 833 | $326 | - |
A 2402 W Turner Road Sold 2 bd · 2 ba · 910 sqft · $323 · 0.6 mi | $294,000 | 2 | 2 | 910 | $323 | 0.6 mi |
B 2423 W Elm St Pending 3 bd · 2 ba · 1,066 sqft · $345 · 0.0 mi | $368,000 List Price | 3 | 2 | 1,066 | $345 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1976 (48 years old), the property is functional but significantly dated. The kitchen retains original dark wood cabinetry, tiled countertops with wide grout lines, and older electric coil appliances, all exceeding the 30-year age mark. While the living area features updated laminate flooring, the presence of wallpaper and original fixtures indicates the home needs minor repairs and comprehensive cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Ample Parking and Storage
The inclusion of a two-car garage is a significant advantage for a condominium, providing secure parking and rare additional storage space not typically found in units of this size.
- Community Amenities
Residents have access to desirable HOA-maintained facilities, including a community swimming pool and clubhouse, which enhance the low-maintenance lifestyle and property appeal.
- Private Outdoor Living
The property features a private outdoor patio, offering a dedicated space for relaxation and entertaining that effectively extends the functional living area of the home.
CONSRISKS & DEFICIENCIES
- Compact Living Dimensions
At just 833 square feet with only one bathroom, the interior layout may feel restrictive for buyers seeking more spacious accommodations or a second bathroom for guests.
- High Monthly Carrying Costs
The $400 monthly association fee is relatively high compared to the listing price, which may impact overall affordability and the debt-to-income ratio for budget-conscious buyers.
About 2401 W Elm St
Enjoy comfortable living in this inviting two-bedroom, one-bath condo featuring a cozy fireplace, private outdoor patio perfect for relaxing or entertaining, and the convenience of a two-car garage. The HOA amenities include a community swimming pool and clubhouse. Whether your looking for a place to call home or a low-maintenance lifestyle, this condo offer comfort, convenience and enjoyable community living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- 1,891 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 833 | 952.375 |
| Lot Size | 1,891 | 724.625 |
| Price | $325.0K | $282.3K |
| Price per sq ft | $390 | $286 |
| Built year | 1976 | 1985 |
| HOA | $400 | $420 |
| Days on market | 7 | 111 |
Pricing History
Listed for Sale
Oct 17, 2026
$325,000
Initial Listing
Sold
Aug 13, 2018
$235,000
Public Record
Sold
May 14, 2012
$132,500
Public Record
Sold
Dec 31, 2002
$160,000
Public Record
Sold
Oct 2, 2000
$85,000
Public Record