337-1/2 E Walnut St, Lodi, CA 95240, Lodi, 95240 - 3 bed, 1 bath
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337-1/2 E Walnut St
Lodi, CA 95240
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,195Sq Ft
3,402Lot Size
Property Price
LIST PRICE$349,900
EST. MARKET VALUE
$342,835
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $349,900—positioned well below the $342,836 Fair Market Value by -2%. While the property is currently priced slightly above market, its Fair Condition Rating (5/10) and 1953 build date offer significant room for value-add renovations. Featuring a 3-bedroom layout and a private patio, this asset is well-positioned for rental demand near downtown Lodi. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Estimated Market Value
$342,835
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 |
|---|---|---|---|---|---|---|
★ 337-1/2 E Walnut St Subject 3 bd · 1 ba · 1,195 sqft · $287 | $349,900* List Price | 3 | 1 | 1,195 | $287 | - |
A 1000 S Central Avenue Sold 3 bd · 2 ba · 1,363 sqft · $286 · 0.7 mi | $390,000 | 3 | 2 | 1,363 | $286 | 0.7 mi |
B 517 S Sacramento Street Sold 2 bd · 1 ba · 791 sqft · $329 · 0.5 mi | $260,000 | 2 | 1 | 791 | $329 | 0.5 mi |
C 421 E Elm Street Active 2 bd · 2 ba · 840 sqft · $345 · 0.3 mi | $289,900 List Price | 2 | 2 | 840 | $345 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1953, the property shows significant signs of age with a kitchen and interior finishes that appear to be over 30 years old and in need of a full rehab. The presence of window AC units indicates a lack of modern central HVAC, and the visible wear on cabinetry, flooring, and exterior structures suggests deferred maintenance and the need for major updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated near downtown Lodi, the property offers excellent proximity to local dining, shopping, schools, and freeway access, ensuring daily convenience.
- Investment Potential
With a competitive price point for a three-bedroom home, this property serves as an ideal opportunity for first-time buyers or investors looking for a high-demand rental asset.
- Updated Character
The home features select modern updates that complement its original 1950s charm, providing a move-in-ready feel with room for further personalization.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Alley Access
The property's location tucked away along an alley may result in less traditional curb appeal and potential privacy concerns for some buyers.
- Limited Bathrooms
Featuring three bedrooms but only one bathroom, the layout may be restrictive for larger households or those seeking modern convenience.
About 337-1/2 E Walnut St
Tucked away along an alley in an established Lodi neighborhood, 337 1/2 Walnut Street offers charm, convenience, and room to make it your own. This three-bedroom, one-bath home features select updates that complement its original character, creating a welcoming setting for everyday living. Enjoy a location close to downtown Lodi's restaurants and shops, with schools, shopping, and freeway access nearby. Whether you're purchasing your first home or looking for your next investment, this hidden gem is an opportunity to enjoy the best of Lodi.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 3,402 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,195 | 1,709.197 |
| Lot Size | 3,402 | 6,526.22 |
| Price | $349.9K | $543.0K |
| Price per sq ft | $293 | $328 |
| Built year | 1953 | 1974 |
| HOA | $0 | $301 |
| Days on market | 18 | 58 |
Pricing History
Listed for Sale
Oct 6, 2026
$349,900
Initial Listing