
Lodi, CA 95240
This property presents a High-Potential Investment Opportunity with a List Price of $308,900—positioned well below the $277,042 Fair Market Value by -11%. While the property requires updates due to its Condition Rating of 4, the large lot size offers significant potential for structural expansion or RV parking. Located near Downtown Lodi, this asset provides a strategic entry point for Buy-and-Hold Investors or first-time buyers looking to build value through renovation in a high-demand, walkable urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 517 S Sacramento Street Subject | $308,900* List Price | 2 | 1 | 791 | $350 | - |
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 517 S Sacramento Street Active | $309,000 List Price | 2 | 1 | 791 | $391 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, the property shows some cosmetic updates like laminate flooring and vinyl windows, but remains dated overall. The presence of a wall heater indicates a lack of modern central HVAC, and the 99-year-old structure likely requires system and kitchen/bath updates to meet modern standards.
Positioned as the lowest-priced home in Lodi, this property offers an highly accessible entry point for first-time buyers or investors seeking a high-yield rental opportunity.
The home is ideally located near Downtown Lodi, providing convenient access to the seasonal Farmer's Market, local wineries, and a variety of boutique shops and restaurants.
The large backyard features high privacy fencing and ample room for a garage, RV parking, or future structural additions to increase the property's square footage.
With only 791 square feet of living space, the home's compact footprint may be restrictive for growing families or those requiring dedicated home office space.
Built in 1925, the property may require significant updates to its aging systems and structural components to meet modern efficiency and safety standards.
Best Priced home in Lodi!! Get in to your new home near Downtown Lodi before Summer Farmer's Market season. Check out all the downtown restaurants, shops, wineries etc... Great starter for first time buyers or add this one to your rental portfolio. Large backyard that could easily provide room for a garage, RV parking, enough room to add on or improve. Beautiful lemon tree & high privacy fencing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 791 | 1,465 | 5% |
| Lot Size | 3,820 | 6,159 | 11% |
| Price | $308.9K | $475.0K | 6% |
| Price per sq ft | $391 | $335 | 76% |
| Built year | 1925 | 1963 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 204 | 1% |
May 15, 2026
$308,900
Initial Listing