
Lodi, CA 95240
This Value-Add Residential Asset is listed at $550,000, reflecting its rare 6-bedroom configuration and prime central Lodi location. While the asking price exceeds the $505,792 Fair Market Value, the property presents significant upside through a strategic interior reconfiguration of the 1,740 square foot layout. Carrying a Condition Rating of 5, the 1922-built home requires a full systems overhaul and modernization to meet current standards. The expansive 7,349 square foot lot offers additional potential for outdoor customization or expansion. This is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1922 (102 years old) with no mention of recent renovations to kitchens, baths, or major systems like HVAC or electrical. The listing description focuses on 'potential' and 'character' rather than modern updates, and the high bedroom count (6) relative to the square footage (1740) suggests a dated or awkward layout that likely requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7349, living area = 1740.
With 6 bedrooms and 3 bathrooms, this property offers exceptional capacity for large families or multi-generational living, which is a rare find at this price point.
Situated in the heart of Lodi, the home provides excellent proximity to local dining, shopping, parks, and schools, ensuring high convenience and walkability.
Built in 1922, the home likely requires modernization of its core systems, such as electrical, plumbing, and insulation, to meet contemporary efficiency and safety standards.
Distributing 6 bedrooms across only 1,740 square feet suggests very small individual room dimensions, which may feel restrictive for buyers seeking spacious common areas.
Welcome to this charming home located at 505 E Oak St, offering comfort, character, and convenience in the heart of Lodi. This inviting residence features a functional layout designed for everyday living. Step outside to a spacious yard with plenty of potential for outdoor enjoyment, gardening, or future customization. The property offers room to create your ideal outdoor retreat while still maintaining manageable upkeep. Conveniently located near local shopping, dining, parks, schools, and everyday amenities, this home offers easy access to everything Lodi has to offer. Its central location also provides quick connections to nearby commuter routes, making travel throughout the region simple and accessible. Whether you're a first-time homebuyer, investor, or someone looking to enjoy the charm of an established neighborhood, this property offers an excellent opportunity to own in a desirable Lodi location. Don't miss the chance to explore the potential and comfort this home has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,740 | - |
| Lot Size | 7,349 | - |
| Price | $500.0K | $585.8K |
| Price per sq ft | $287 | $325 |
| Built year | 1922 | 0 |
| HOA | $0 | $0 |
| Days on market | 131 | 67 |
Apr 27, 2026
$500,000
$550,000
-9% Price Drop
Initial Listing
Apr 23, 2026
$550,000
$620,000
-11% Price Drop
Initial Listing
Mar 13, 2026
$620,000
Initial Listing
Sep 7, 1999
$70,000
Public Record