
Lodi, CA 95240
This Multi-Unit Residential Income Property is a Prime Investment Opportunity listed at $599,999—positioned well below the $620,346 Fair Market Value by 3%. This valuation gap offers $20,347 in Instant Equity for savvy buyers. The property features two updated residences on an expansive 11,943 sq. ft. lot and maintains a Good Condition Rating. With rare lot-split potential to add two more units, this asset is designed to maximize future cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 325 Cypress St Subject | $565,000 | 6 | 0 | 2,684 | $231 | - |
A 445 Mission Street Sold | $580,000 | 4 | 2 | 3,084 | $188 | 0.3 mi |
B 348 Barrington Way Sold | $685,000 | 6 | 6 | 2,524 | $271 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition featuring two residences on a single lot. While the primary home was built in 1945, it has been tastefully updated throughout, and the second unit is a newer addition. The exterior shows well-maintained paint, updated windows, and professional landscaping, indicating consistent upkeep and modern improvements that align with a 'good' condition rating.
The property features two separate, updated residences on a single lot, providing an immediate opportunity for rental income or flexible multi-generational living.
The expansive 11,943 sq. ft. lot offers rare potential for a lot split and the addition of two more units, significantly maximizing future cash flow and property value.
Both the 1,974 sq. ft. main house and the newer 710 sq. ft. secondary unit have been tastefully updated, reducing the need for immediate capital expenditures.
The property required multiple price reductions and spent 53 days on the market before selling below the final list price, suggesting initial pricing challenges.
With the primary residence dating back to 1945, the property may have underlying maintenance requirements typical of older homes despite cosmetic updates.
Exceptional Investment & Development Opportunity in Lodi! Discover two beautifully updated homes on one expansive 11,943 sq. ft. lot. The front residence spans approximately 1,974 sq. ft. and features four spacious bedrooms and two bathrooms, tastefully updated throughout. The second home, a newer 710 sq. ft. addition, offers two bedrooms and one bath, perfect for extended family, guests, or rental income. Live in one and rent the other with FHA financing options, or maximize returns by leveraging the lot-split potential to build two more units, a rare opportunity to expand value and cash flow in a highly desirable Lodi neighborhood. Don’t miss your chance, opportunities like this are few and far between. Endless potential, excellent location, and strong income prospects.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 0.0 | 2.5 | 33% |
| Square foot | 2,684 | 2,684 | 50% |
| Lot Size | 11,935 | 6,985 | 67% |
| Price | $565.0K | $572.5K | 50% |
| Price per sq ft | $211 | $211 | 50% |
| Built year | 1945 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 107 | 67% |
Jan 31, 2026
$599,999
$629,999
-5% Price Drop
Initial Listing
Jan 21, 2026
$629,999
$649,999
-3% Price Drop
Initial Listing
Jan 5, 2026
$649,999
Initial Listing
Jan 31, 2022
$640,000
Public Record