
Tracy, CA 95376
This Single-Story Residential Home represents a Prime Investment Opportunity, listed at $499,950—positioned well below the $515,065 Fair Market Value by 2%. This valuation gap provides $15,115 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes modern essentials like central HVAC and a renovated bathroom. While the school ratings are modest, the expansive lot and move-in ready status offer significant stability. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 465 W 22nd Street Subject 3 bd · 1 ba · 1,299 sqft · $397 | $499,950* List Price | 3 | 1 | 1,299 | $397 | - |
A 405 W 23rd Street Sold 3 bd · 1 ba · 1,040 sqft · $471 · 0.1 mi | $489,950 | 3 | 1 | 1,040 | $471 | 0.1 mi |
B 2880 GEORGIA DR Sold 3 bd · 2 ba · 1,276 sqft · $458 · 0.5 mi | $585,000 | 3 | 2 | 1,276 | $458 | 0.5 mi |
C 1626 Bessie Sold 2 bd · 1 ba · 1,252 sqft · $351 · 0.4 mi | $439,000 | 2 | 1 | 1,252 | $351 | 0.4 mi |
D 445 W Lowell Ave Sold 2 bd · 1 ba · 1,042 sqft · $403 · 0.3 mi | $420,000 | 2 | 1 | 1,042 | $403 | 0.3 mi |
E 1225 W Beverly Pl Sold 3 bd · 2 ba · 1,150 sqft · $435 · 0.7 mi | $500,000 | 3 | 2 | 1,150 | $435 | 0.7 mi |
F 735 Scarlett Place Sold 3 bd · 2 ba · 1,220 sqft · $434 · 0.5 mi | $530,000 | 3 | 2 | 1,220 | $434 | 0.5 mi |
G 405 W Beverly Place Sold 2 bd · 1 ba · 1,068 sqft · $396 · 0.5 mi | $422,500 | 2 | 1 | 1,068 | $396 | 0.5 mi |
H 3140 Corbett Lane Sold 3 bd · 2 ba · 1,348 sqft · $389 · 1.0 mi | $525,000 | 3 | 2 | 1,348 | $389 | 1.0 mi |
I 262 W 23rd Street Pending 3 bd · 2 ba · 1,223 sqft · $408 · 0.2 mi | $499,000 List Price | 3 | 2 | 1,223 | $408 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1947, the property is well-maintained and move-in ready with key updates including central HVAC, a composition roof, newer laminate and tile flooring, and a renovated bathroom with contemporary fixtures. The interior shows functional living spaces that have been refreshed within the last 5-15 years.
The property boasts expansive front and side yards with mature trees and a charming covered porch, offering significant space for gardening, play, and outdoor entertaining.
Despite its 1947 character, the home features critical modern upgrades including central heating and cooling and a fully updated bathroom with contemporary fixtures and finishes.
Listed at $499,950, the home is priced below its 2022 sale price of $520,000, representing an attractive entry point for first-time buyers or investors in an established neighborhood.
With three bedrooms but only one bathroom, the layout may pose functional challenges for growing families and could limit the property's competitive edge against multi-bath homes.
The assigned elementary and middle schools currently hold lower performance ratings, which may be a deterrent for families prioritizing high-ranking educational districts.
Charming Single-Story Home with Inviting Outdoor Living Spaces Welcome to 465 W 22nd Street, a beautifully maintained 3-bedroom, 1-bath home offering approximately 1,299 square feet of comfortable living space in an established Tracy neighborhood. This home blends classic charm creating the perfect setting for both everyday living and entertaining. Step inside to discover a bright and functional floor plan featuring spacious living areas, generously sized bedrooms, and an updated bathroom with a stylish vanity, contemporary fixtures, and tasteful finishes. The home's warm and inviting atmosphere makes it easy to envision creating lasting memories with family and friends. Outside, you'll find expansive front and side yard spaces enhanced by mature trees that provide shade and privacy. The welcoming covered front porch offers the perfect place to enjoy your morning coffee or unwind in the evening. The large yard presents endless opportunities for gardening, outdoor gatherings, play areas, or future customization to fit your lifestyle. Additional highlights include central heating and cooling, a composition roof, ample outdoor space, and a convenient location near schools, parks, shopping, dining, and major commuter routes. Whether you're a first-time homebuyer, looking to downsize, or searching for a great investment opportunity, this property offers exceptional value, character, and potential.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-8 • 0.5 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,299 | 1,959.508 |
| Lot Size | 5,528 | 6,446.905 |
| Price | $499.9K | $690.0K |
| Price per sq ft | $385 | $355 |
| Built year | 1947 | 1996 |
| HOA | $0 | $286 |
| Days on market | 44 | 57 |
Sep 10, 2026
$499,950
Initial Listing
Jan 19, 2022
$520,000
Public Record
Feb 28, 2017
$327,000
Public Record
Jan 15, 2010
$140,000
Public Record
Apr 15, 2003
$230,000
Public Record