
Oakdale, CA 95361
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well above the $380,929 Fair Market Value by -12%. While the home requires cosmetic updates given its Condition Rating of 4, the R-2 Zoning on a 7,000 sqft lot provides significant long-term development potential. The inclusion of a recently serviced HVAC system mitigates immediate mechanical risk. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a value-add renovation to modernize this 1940s structure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 W J Street Subject | $430,000* List Price | 3 | 1 | 1,046 | $364 | - |
A 245 Bardo Avenue Sold | $328,500 | 2 | 1 | 1,017 | $323 | 0.2 mi |
B 1699 W J Street Sold | $400,000 | 3 | 2 | 1,080 | $370 | 0.9 mi |
C 245 School Avenue Sold | $375,000 | 2 | 1 | 987 | $380 | 0.6 mi |
D 253 N 1st Avenue Sold | $400,000 | 2 | 1 | 876 | $457 | 0.5 mi |
E 206 S Lee Avenue Sold | $388,000 | 2 | 1 | 1,169 | $332 | 0.9 mi |
F 344 Ventanas Avenue Sold | $475,000 | 3 | 2 | 1,450 | $328 | 0.9 mi |
G 788 Mann Court Pending | $375,000 List Price | 3 | 1 | 1,092 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, the home is well-maintained but significantly dated. While the HVAC system is a major plus at less than three years old, the kitchen and bathroom feature cabinetry and finishes that appear over 30 years old. The property is functional and move-in ready for a budget buyer, but the 'as-is' sale and interior condition necessitate cosmetic updates and minor repairs to meet modern standards.
The property is situated on an R-2 zoned parcel, offering significant opportunities for investors or homeowners to explore multi-unit development or future expansion on the 7,000 sqft lot.
The home features a recently serviced HVAC system that is less than three years old, providing immediate value and reducing the need for near-term capital expenditure on major mechanicals.
Located in a mature Oakdale neighborhood, the property offers excellent walkability and convenient access to local schools, parks, and shopping amenities.
The property is being sold in as-is condition, which suggests a need for significant restoration or renovation to modernize the 1940s structure.
With three bedrooms but only one bathroom, the home's functional utility is limited for modern families, potentially impacting its market competitiveness.
Welcome to 315 W J St, a character-filled Oakdale property featuring the added advantage of R-2 Duplex Residential zoning! This unique residence offers immense flexibility for an owner-occupant, multigenerational buyer, or investor. Oakdale's R-2 zoning permits multiple residential configurationsincluding a single-family home, two single-family dwellings, or a duplex on one lotsubject to city requirements and approvals. The home is situated in an established neighborhood close to schools, parks, shopping, and everyday amenities. Highlights include a recently serviced HVAC system (under three years old), a detached garage, and ample space for RV or vehicle parking. Out back, you'll find a great, spacious yard with life-changing potentialoffering the ideal footprint for a future addition or lot expansion. Whether you envision preserving its original character, renovating the current layout, or fully realizing its R-2 zoning potential, this property presents an exceptional opportunity to build equity and create a space uniquely your own. Offered as-is. Buyers are encouraged to verify zoning, development possibilities, requirements, and approvals directly with the City of Oakdale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,046 | 1,751.234 |
| Lot Size | 7,000 | 6,811.766 |
| Price | $430.0K | $531.2K |
| Price per sq ft | $411 | $306 |
| Built year | 1940 | 1990 |
| HOA | $0 | $155 |
| Days on market | 37 | 51 |
Aug 3, 2026
$430,000
Initial Listing
May 11, 2010
$102,000
Public Record
Dec 14, 2006
$226,000
Public Record