
Lodi, CA 95242
This Turnkey Investment Opportunity is listed at $545,000, positioned slightly above the $536,166 Fair Market Value. Featuring a Condition Rating of 2, the property includes a rebuilt kitchen with Viking appliances, updated bathrooms, and newer HVAC/roof, ensuring minimal capital expenditure. The inclusion of RV parking and a low-maintenance backyard provides rare utility for the Lodi market. Currently tenant-occupied, this asset offers immediate cash flow and stability. It is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a high-quality, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 Whitney Street Subject | $545,000* List Price | 3 | 2 | 1,483 | $362 | - |
A 501 Cross Street Sold | $480,000 | 3 | 2 | 1,326 | $362 | 0.7 mi |
B 507 Gerard Drive Sold | $503,000 | 3 | 2 | 1,380 | $364 | 0.9 mi |
C 1901 W Locust Street Sold | $485,000 | 3 | 2 | 1,088 | $446 | 0.5 mi |
D 73 Reynolds Way Sold | $570,000 | 3 | 2 | 1,589 | $359 | 0.3 mi |
E 8 N Cambridge Drive Sold | $435,000 | 2 | 2 | 1,173 | $371 | 0.6 mi |
F 69 Reynolds Way Sold | $560,000 | 3 | 2 | 1,731 | $324 | 0.3 mi |
G 18 Benson Drive Sold | $505,000 | 3 | 2 | 1,627 | $310 | 0.6 mi |
H 2403 Tejon Street Pending | $499,999 List Price | 4 | 3 | 1,416 | $353 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent renovation (likely <5 years) including a rebuilt kitchen with high-end Viking appliances, farmhouse sink, and custom counters. Both bathrooms were updated simultaneously, and the home boasts newer critical systems including the roof and HVAC, along with fresh paint and modern flooring throughout.
Major capital expenditures including a newer roof, HVAC, and fresh interior/exterior paint have already been completed, offering immediate low-maintenance ownership.
The home features high-end kitchen finishes including a Viking cooktop, double ovens, and custom counters, alongside fully updated bathrooms that elevate the property's value.
The property includes dedicated RV parking and a low-maintenance backyard with established concrete, providing rare utility that is highly sought after in the Lodi market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is currently tenant-occupied, which may restrict immediate access for owner-occupants or buyers requiring a vacant home at the close of escrow.
Despite modern updates, the 1971 construction may present challenges related to older infrastructure or layout limitations typical of its era.
A turnkey Lodi investment, 3 bedrooms, 2 baths, with the expensive work already behind it and a tenant in place. Newer roof, newer HVAC, fresh interior and exterior paint, and a kitchen rebuilt around custom counters, a Viking cooktop, double ovens, and a farmhouse sink. Both bathrooms were updated in the same pass. That's the capital expenditure list most investors inherit... here it's been handled. The floor plan draws a wide tenant pool. Three bedrooms and two full baths sit on the main level, with a fourth generous bedroom upstairs. Two-car garage with hidden storage, plus RV parking, an amenity that's genuinely scarce in this market and rarely reflected in rent. The backyard is built for use rather than upkeep, with a lush yard and concrete already established. Currently tenant-occupied and producing income. Well suited to an investor adding to a portfolio or a 1031 buyer who needs identification-ready inventory with cash flow from day one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,483 | 1,729.214 |
| Lot Size | 5,702 | 6,422.214 |
| Price | $545.0K | $566.0K |
| Price per sq ft | $367 | $329 |
| Built year | 1971 | 1976 |
| HOA | $0 | $299 |
| Days on market | 21 | 59 |
Aug 19, 2026
$545,000
Initial Listing
Sep 5, 2019
$410,000
Public Record