
Tracy, CA 95376
This Value-Add Residential Asset presents a strategic entry into the Tracy market with a List Price of $499,000, positioned near its $474,474 Fair Market Value. Boasting a Spacious 1,672 Sq Ft Interior, the home holds a Condition Rating of 5, requiring rehabilitation to address deferred maintenance and unfinished interior projects. The property features a 5,000 Sq Ft Lot with a Patio and citrus trees, offering significant potential for forced appreciation. Located in the Tracy Joint Unified School District near Tracy High School, this is an ideal acquisition for Fix-and-Flip Investors or Contractors ready to execute a value-add renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 535 W Carlton Way Subject | $499,000* List Price | 3 | 2 | 1,672 | $261 | - |
A 130 E 21st Street Sold | $595,000 | 5 | 2 | 1,584 | $376 | 0.7 mi |
B 142 Berverdor Avenue Sold | $420,000 | 3 | 1 | 1,217 | $345 | 0.7 mi |
C 228 W Lowell Avenue Sold | $390,000 | 3 | 1 | 1,373 | $284 | 0.3 mi |
D 1706 Countrywood Lane Sold | $600,000 | 3 | 2 | 1,566 | $383 | 0.8 mi |
E 1422 Greenwillow Way Sold | $525,000 | 4 | 3 | 2,074 | $253 | 0.8 mi |
F 1861 Mcpeak Court Pending | $540,000 List Price | 4 | 2 | 1,422 | $380 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property requires substantial rehabilitation. While some interior flooring and lighting have been updated, the kitchen features outdated cabinetry and appliances, and at least one bathroom is in a state of mid-renovation with exposed, unfinished walls. The exterior shows signs of deferred maintenance, including cracked concrete and incomplete masonry work in the backyard.
Listed at $499,000, this property offers a highly accessible price point for the Tracy market, making it an attractive option for first-time buyers or investors.
With 1,672 square feet of living space, the home provides a generous footprint for a three-bedroom residence, offering more room than many comparable older homes.
The need for cosmetic work presents a significant opportunity for buyers to build sweat equity and customize the interior to their specific tastes.
The property requires cosmetic updates and potentially further repairs, which will necessitate additional immediate investment beyond the purchase price.
Built in 1948, the home may have older electrical, plumbing, or insulation systems that could require modernization to meet current standards.
The nearby elementary and middle schools have lower performance ratings (3/10), which may be a drawback for families prioritizing educational rankings.
Here is an excellent opportunity to purchase a 3 bed 2 bath house for a very accessible price, and for you to make this 1672 sq ft space, your own. Come and take a look at all the possibilities. Need some cosmetic work and make it a very spacious house Close to stores, schools and transportation. Ample yard with citrus fruit trees.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.3 mi
Grades K-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,672 | 1,650 | 54% |
| Lot Size | 5,000 | 5,799 | 27% |
| Price | $499.0K | $599.0K | 13% |
| Price per sq ft | $298 | $369 | 17% |
| Built year | 1948 | 1989 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 173 | 53% |
Oct 28, 2025
$499,000
Initial Listing
Feb 17, 2017
$326,000
Public Record
Sep 2, 2009
$32,500
Public Record