609 Kettleman, Lodi, CA 95240, Lodi, 95240 - 3 bed, 2 bath

609 Kettleman, Lodi, CA 95240 home-pic-0

609 Kettleman

Lodi, CA 95240

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,371Sq Ft
8,255Lot Size

Property Price

LIST PRICE$749,000
EST. MARKET VALUE
$611,367
18% AboveMARKET VALUE

SUMMARY

Analysis of 609 Kettleman, Lodi, CA 95240 reveals a property with a current list price of $749,000, which is 18% above the estimated $611,367 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lodi Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$611,367
Based on Realkey algorithm analyzing recent comparable sales in Lodi.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
609 Kettleman
Subject
$749,000*
List Price
321,371$446-
A
220 Meadowlark Way
Sold
$539,000321,316$4100.8 mi
B
914 S Pleasant Avenue
Active
$535,000
List Price
321,395$3840.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This property comprises two distinct units. The newly built 2024 unit (611 W. Kettleman) is in excellent condition, featuring a modern kitchen with stainless steel appliances, contemporary bathrooms with updated tiling and vanities, and new flooring throughout. This unit also boasts energy efficiency with paid solar. The older 1955 unit (609 W. Kettleman), while functional and currently rented, has significantly dated kitchen and bathroom styles, including original-era tiled countertops, older appliances, and outdated bathroom fixtures and tile work. The overall property condition is elevated to 'Good' due to the presence of the brand-new, high-quality unit, despite the older unit requiring substantial cosmetic updates to its kitchen and bathroom to meet current standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8255, living area = 1371.

  • Dual Unit Investment Opportunity

    The property features two separate homes on one lot, offering significant income potential for investors or flexible living arrangements for owner-occupants.

  • Brand New Construction

    One unit (611 W. Kettleman) was newly built in 2024, providing modern design, amenities, and reduced immediate maintenance concerns.

CONSRISKS & DEFICIENCIES

  • Age Disparity & Potential Maintenance

    The 1955-built unit (609 W. Kettleman) may require more significant maintenance or updates compared to the brand-new second unit.

  • Listing Data Ambiguity

    The primary listing's aggregated beds, baths, and square footage fields do not clearly represent the individual units, potentially causing confusion for buyers.

  • Existing Tenant Considerations

    The older unit is tenant-occupied, which might limit immediate owner-occupancy for that specific unit or require a buyer to manage an existing tenancy.

About 609 Kettleman

Two homes on one lot in Lodi an investor's dream. Excellent investment opportunity featuring two separate units on one parcel. 609 W. Kettleman is a rented single-family residence offering 3 bedrooms and 1 bathroom with approximately 1,371 sq. ft. of living space. The home features hardwood floors and provides immediate rental income. 611 W. Kettleman is a newly built unit 2024 offering approximately 1,000 sq. ft. with 2 bedrooms plus a possible 3rd bedroom and 2 full bathrooms. The unit also includes a 195 sq. ft. laundry room that can double as additional storage. This unit is all-electric and equipped with fully paid solar, providing excellent energy efficiency and long-term savings. Ideal for investors or owner occupants seeking modern construction with income potential. This is a must see property.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
8,255 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3711,439
46%
Lot Size8,2556,299
79%
Price$749.0K$470.0K
88%
Price per sq ft$546$337
96%
Built year19551963
30%
HOA$0$0
50%
Days on market53166
5%

Pricing History

Listed for Sale

Jan 13, 2026

$749,000

Initial Listing

Sold

Aug 19, 2022

$390,000

Public Record

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