
Galt, CA 95632
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $296,120 Fair Market Value by -18%. While the property requires significant capital expenditure due to its Condition Rating of 5, the expansive 12,266 sqft lot offers substantial upside for an ADU or workshop. This distressed asset is a blank canvas for value-add renovations, making it a strategic acquisition for Fix-and-Flip Investors or Contractors capable of managing a full-scale rehabilitation project.
Property is extensive renovation needed.
Built in 1962 and currently in a state of partial demolition, this property requires a full rehab. The interior shows significant damage to flooring and cabinetry, and the listing explicitly targets flippers and contractors due to its distressed condition and 'blank canvas' state.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12266, living area = 1418.
The oversized 12,266 sqft lot provides significant flexibility for value-add improvements, including a potential ADU, workshop, or RV access in an established neighborhood.
Priced as a distressed sale at $350,000, the property offers substantial margin for investors and flippers to build equity through strategic renovations and modernization.
Being a short sale with a Notice of Default, the transaction involves legal and procedural complexities that may result in unpredictable closing timelines.
The property is in a non-habitable state or requires significant capital expenditure, limiting the buyer pool to cash or specialized renovation financing.
Attention investors, flippers, contractors, and creative finance buyers this is the type of opportunity that rarely stays available for long. Situated on a generously sized lot in an established Galt neighborhood, this short sale with a Notice of Default presents a chance to acquire a property with strong upside potential at a compelling value. The home offers a functional layout, solid fundamentals, and the kind of cosmetic and value-add improvements that can create significant equity for the right buyer. The expansive backyard opens the door to multiple possibilities, including a potential ADU (buyer to verify), outdoor entertaining space, workshop, garden, pool, or additional improvements. With possible RV access and ample lot size, investors and owner-occupants alike will appreciate the flexibility this property provides. Inside, portions of the home have already been opened up, offering a blank canvas for reconfiguration and modernization. Bring your contractor, designer, and vision to transform this property into something special. Whether you're looking to renovate and resell, build long-term rental wealth, explore house-hack opportunities, or add value through creative improvements, this property deserves a serious look. Properties with this combination of lot size, upside potential, ADU possibilities, and distressed-sale pricing are becoming increasingly difficult to find. Savvy buyers understand that the biggest returns often come from seeing what a property can become, not just what it is today. Opportunities like this attract attention quickly. Don't wait for another investor to recognize the potential and secure the deal first. Buyer to verify all development potential, zoning, ADU possibilities, and property information to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,418 | - |
| Lot Size | 12,266 | - |
| Price | $350.0K | $547.8K |
| Price per sq ft | $247 | $316 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 48 |
Jun 5, 2026
$350,000
Initial Listing
Jun 7, 2024
$480,000
Public Record