517 S Sacramento Street, Lodi, CA 95240, Lodi, 95240 - 2 bed, 1 bath
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Lodi, CA 95240
This Value-Add Residential Asset is offered at a List Price of $319,900, providing a rare entry-level opportunity in a high-demand area. While the $272,543 Fair Market Value reflects its current vintage state, the Downtown Lodi Proximity and Large Backyard offer significant long-term stability and Expansion Potential. With a Condition Rating of 4, the property includes a Patio and high privacy fencing, presenting a clear path for forced appreciation through modernization. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-potential rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 517 S Sacramento Street Subject | $309,000* List Price | 2 | 1 | 791 | $357 | - |
A 421 E Elm Street Sold | $274,900 | 2 | 2 | 840 | $327 | 0.8 mi |
B 337 Acacia Street Sold | $295,000 | 2 | 1 | 788 | $374 | 0.7 mi |
C 441 Elgin Avenue Sold | $355,000 | 2 | 1 | 902 | $394 | 1.0 mi |
D 416 Concord Street Sold | $362,000 | 3 | 1 | 1,073 | $337 | 0.7 mi |
E 421 E Elm Street Active | $289,900 List Price | 2 | 2 | 840 | $345 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1925 home is functional and lived-in but shows clear signs of age and deferred cosmetic updates. The kitchen features dated oak cabinetry and laminate countertops, and the heating system consists of older wall-mounted units. While some flooring has been updated to laminate, other areas retain older tile, and the overall interior and exterior infrastructure reflect a property that has had occasional maintenance rather than a comprehensive modern renovation.
Located just 1.5 blocks from Downtown Lodi, this property offers exceptional walkability to local shops, restaurants, and the popular seasonal Farmers Market.
The large backyard features high privacy fencing and provides ample space for a garage, RV parking, or a future home expansion to increase square footage.
Priced competitively at $319,900, this home represents an excellent entry point for first-time buyers or an attractive opportunity for investors seeking a rental property.
With only 791 square feet of interior space, the compact layout may be restrictive for growing families or those requiring a home office.
Built in 1925, the home's age may necessitate updates to major systems or cosmetic renovations to meet modern efficiency and aesthetic standards.
Near Downtown Lodi Shopping- farmers market and all the events, restaurants, beer and more. Lodi home for a great price for first time buyers or a rental. Large backyard that could easily provide room for a garage or RV parking, enough room to add on or improve. Beautiful lemon tree & high privacy fencing. Be in your new home before Lodi's Farmers market season-enjoy all the local vendors and live music.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 791 | 1,492 | 5% |
| Lot Size | 3,820 | 6,120 | 10% |
| Price | $309.0K | $475.0K | 7% |
| Price per sq ft | $391 | $332 | 77% |
| Built year | 1925 | 1965 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 183 | 2% |
Apr 20, 2026
$309,000
$319,900
-3% Price Drop
Initial Listing
Feb 22, 2026
$319,900
Initial Listing