38043 Cherry Lane, Woodland, CA 95695, Woodland, 95695 - 0 bed, 0 bath
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38043 Cherry Lane
Woodland, CA 95695
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,044Sq Ft
10,454Lot Size
Property Price
LIST PRICE$580,000
EST. MARKET VALUE
$680,199
14% BelowMARKET VALUE
SUMMARY
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $580,000—positioned well below the $680,200 Fair Market Value by 14%. This valuation gap offers $100,200 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 3, the property includes recent upgrades like laminate flooring and new garage doors. With a generous 10,454 sqft lot, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking to offset mortgage costs.
Estimated Market Value
$680,199+$100,199 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Woodland.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1964 but recently upgraded with new laminate flooring and new garage doors. The exterior appears well-maintained and functional, though a visible window AC unit indicates older or non-central HVAC systems.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
As a duplex, this property offers excellent flexibility for 'house-hacking' where an owner can live in one unit while the other generates rental income to offset the mortgage.
- Recent Capital Improvements
The units have been recently upgraded with modern laminate flooring and new garage doors, reducing immediate maintenance requirements and enhancing tenant appeal.
- Expansive Lot and Outdoor Space
Situated on a generous 10,454 sqft lot, the property provides spacious backyards for both units, offering a level of privacy and outdoor utility rarely found in multi-family housing.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1964, the property may have original structural or mechanical systems that could require significant capital expenditure for repairs or modernization in the near future.
- Rural Location Constraints
The country setting may limit accessibility to major employment hubs, shopping, and public transportation, which could potentially narrow the pool of prospective tenants.
About 38043 Cherry Lane
Duplex located in country setting. Live in one and rent the other unit. 2bd 1 bath each unit. Both units have been recently upgraded, laminate floors, new garage doors, spacious backyards.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1964
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 6.5 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,044 | 2,342.5 |
| Lot Size | 10,454 | 12,493 |
| Price | $580.0K | $707.5K |
| Price per sq ft | $284 | $308 |
| Built year | 1964 | 1972 |
| HOA | $0 | $0 |
| Days on market | 31 | 75 |
Pricing History
Listed for Sale
Sep 23, 2026
$580,000
Initial Listing
Sold
Feb 3, 2021
$450,000
Public Record
Sold
Mar 16, 2018
$364,000
Public Record
Sold
Jun 5, 2009
$219,000
Public Record