
Lodi, CA 95240
This High-Potential Investment Opportunity is listed at a List Price of $549,900, positioned slightly above the $522,198 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained, move-in ready state with significant upside for cosmetic updates. The expansive 8,599 sqft lot and detached garage provide rare ADU Development Potential, ideal for increasing rental yield or property value. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a central Lodi location for long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 533 W Tokay Street Subject | $539,900* List Price | 3 | 2 | 1,731 | $296 | - |
A 525 W Tokay Street Sold | $506,000 | 2 | 2 | 1,614 | $314 | 0.0 mi |
B 829 S California Street Sold | $485,000 | 3 | 2 | 1,643 | $295 | 0.2 mi |
C 819 Sylvia Drive Sold | $490,000 | 3 | 2 | 1,453 | $337 | 0.2 mi |
D 822 S California Street Sold | $475,000 | 3 | 2 | 1,767 | $269 | 0.2 mi |
E 1215 W Walnut Street Sold | $460,000 | 2 | 2 | 1,613 | $285 | 0.5 mi |
F 610 W Tokay Street Sold | $545,000 | 3 | 3 | 2,158 | $253 | 0.1 mi |
G 1007 Cardinal Street Sold | $430,000 | 3 | 2 | 1,121 | $384 | 0.5 mi |
H 709 S Lee Avenue Pending | $479,500 List Price | 3 | 2 | 1,469 | $326 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property is well-maintained and move-in ready but significantly dated. The kitchen and bathrooms feature older tile countertops, fluorescent light boxes, and aged cabinetry likely exceeding 30 years, fitting the criteria for a home needing modernization and minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8599, living area = 1731.
The generous 8,599 sqft lot features a mature private orchard with avocado, apple, orange, and lemon trees, providing a rare and productive landscape for outdoor living.
The separate detached garage offers significant versatility, presenting an ideal opportunity for conversion into an Accessory Dwelling Unit (ADU), guest house, or home office.
Built in 1961, the home may require updates to aging mechanical systems, insulation, or electrical components to meet modern efficiency standards.
The description suggests the home is a canvas for future possibilities, implying that some interior spaces may require modernization or renovation to reach their full market potential.
Beyond the front door, this home unfolds with warmth, character, and room to grow. Rich hardwood floors and timeless tile create an inviting backdrop throughout the three-bedroom, two-bath layout, while natural light draws your attention to the backyarda space that feels more like your own private orchard. Mature avocado, apple, orange, and lemon trees provide beauty, shade, and a harvest to enjoy through the seasons. Whether you're gathering with friends under the trees, tending a garden, or simply savoring a quiet morning coffee, the outdoor space offers a rare sense of abundance. The separate detached garage presents an exciting opportunity for future possibilities, including a potential ADU, private guest quarters or MIL unit making this property as versatile as it is inviting. Centrally located in the heart of Lodi, you'll enjoy easy access to downtown, shopping, dining, parks, and schools while coming home to a property that feels tucked away from it all. Some homes simply check the boxes. Others invite you to imagine what's next. This is one of them.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,731 | 1,729.214 |
| Lot Size | 8,599 | 6,422.214 |
| Price | $539.9K | $566.0K |
| Price per sq ft | $312 | $329 |
| Built year | 1961 | 1976 |
| HOA | $0 | $299 |
| Days on market | 28 | 59 |
Aug 26, 2026
$539,900
$549,900
-2% Price Drop
Initial Listing
Aug 12, 2026
$549,900
Initial Listing
Nov 14, 2008
$210,000
Public Record
May 2, 2003
$247,500
Public Record
Jan 11, 2000
$126,000
Public Record
Sep 30, 1994
$4,500
Public Record