514 Forrest Ave, Lodi, CA 95240, Lodi, 95240 - 1 bed, 1 bath
Loading property details...
514 Forrest Ave
Lodi, CA 95240
ACTIVE
CONDITION: FAIR
1Beds
1Baths
526Sq Ft
2,339Lot Size
Property Price
LIST PRICE$295,000
EST. MARKET VALUE
$292,821
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $292,822 Fair Market Value (Note: Market is currently priced at parity). While the home maintains a Fair Condition Rating, recent updates including new paint and kitchen flooring provide a functional baseline. The compact 526 sqft footprint and private patio offer low-maintenance living, though the structure requires long-term system modernization. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Lodi market.
Estimated Market Value
$292,821
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 |
|---|---|---|---|---|---|---|
★ 514 Forrest Ave Subject 1 bd · 1 ba · 526 sqft · $557 | $295,000* List Price | 1 | 1 | 526 | $557 | - |
A 701 N School St Active 2 bd · 1 ba · 684 sqft · $475 · 0.4 mi | $325,000 List Price | 2 | 1 | 684 | $475 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the property features recent cosmetic improvements such as new interior/exterior paint and new kitchen flooring, the core components remain dated. The kitchen cabinetry and countertops appear to be over 20 years old, and the 1946 structure likely requires system updates (HVAC/Electric) to meet modern standards, fitting the 'Fair' criteria for a well-maintained but dated home.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Renovations
The home features fresh interior and exterior paint, new kitchen flooring, and updated landscaping, offering a move-in-ready experience for buyers.
- Entry-Level Affordability
Priced at $319,500, this property represents a highly accessible entry point into the Lodi residential market, ideal for first-time buyers or investors.
- Low-Maintenance Living
The compact 526 sqft footprint and small lot size minimize upkeep requirements, making it an excellent option for those seeking a simplified lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2339, other record lot size in square feet = 5841.
- Recently Sold Property
The property was recently sold within the past year on 2025-09-03. The sold price is $295,000.00.
- Minimal Square Footage
With only 526 square feet of living space, the property offers very limited room for storage, guests, or future household growth.
About 514 Forrest Ave
1 bed/1 bath home with carport, updated landscaping, new kitchen flooring and new paint in and out.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 2,339 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 526 | 1,709.197 |
| Lot Size | 2,339 | 6,526.22 |
| Price | $295.0K | $543.0K |
| Price per sq ft | $561 | $328 |
| Built year | 1946 | 1974 |
| HOA | $0 | $301 |
| Days on market | 81 | 58 |
Pricing History
Listed for Sale
Oct 13, 2026
$295,000
$304,500
-3% Price Drop
Initial Listing
Price Change
Sep 3, 2026
$304,500
$319,500
-5% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$319,500
Initial Listing
Sold
Sep 3, 2025
$295,000
Public Record