
Lodi, CA 95240
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well above the $629,367 Fair Market Value by -11%. While the home requires significant modernization, its Fair Condition Rating and 2,519-square-foot floor plan provide a solid foundation for value-add renovations. Located in a desirable Lodi neighborhood near top-rated schools, this asset offers long-term appreciation potential for Buy-and-Hold Investors or Owner-Occupants capable of executing a comprehensive interior update to modernize the 1951 infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7 S Fairmont Avenue Subject | $665,000* List Price | 4 | 3 | 2,519 | $242 | - |
A 826 Maplewood Sold | $550,000 | 3 | 2 | 1,697 | $324 | 1.0 mi |
B 1021 Lakewood Drive Sold | $520,000 | 3 | 2 | 1,671 | $311 | 0.9 mi |
C 525 W Tokay Street Sold | $506,000 | 2 | 2 | 1,614 | $314 | 0.6 mi |
D 829 S California Street Sold | $485,000 | 3 | 2 | 1,643 | $295 | 0.8 mi |
E 822 S California Street Sold | $475,000 | 3 | 2 | 1,767 | $269 | 0.8 mi |
F 749 Costa Drive Pending | $489,000 List Price | 4 | 2 | 1,992 | $245 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, the property is over 70 years old and shows no evidence of recent major renovations. The kitchen is significantly dated with older cabinetry, laminate countertops, and electric coil appliances likely exceeding 30-40 years in age. The listing description explicitly notes the home 'could benefit from updating' and serves as a 'canvas for modernization,' indicating that while livable, it requires a full rehab of its primary systems and finishes.
Situated in one of Lodi's most desirable neighborhoods, this property offers exceptional proximity to highly regarded schools, downtown shopping, and local parks.
The 2,519-square-foot layout features a functional split-level design with three bedrooms downstairs and a private primary suite plus an expansive family room upstairs.
With solid construction and 'excellent bones,' this home serves as an ideal canvas for modernization, allowing buyers to build immediate equity through personalized renovations.
The property requires comprehensive cosmetic updating and modernization to meet contemporary standards, which will necessitate additional capital investment.
Built in 1951, the home may require inspections or upgrades to older systems such as electrical, plumbing, or insulation to align with modern efficiency and safety codes.
PRICE REDUCED! Spacious home in one of the area's most desirable neighborhoods offering incredible potential to update, personalize, and build equity. The versatile floor plan features a large living/dining area, three bedrooms and two full baths downstairs, plus an expansive upstairs family room and private primary suite. Generously sized rooms and excellent bones make this a great opportunity to create the home you've been looking for. Conveniently located near highly regarded schools, downtown, shopping, restaurants, and parks. Great neighborhood, lots of space, and tremendous potentialcome see the possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,519 | 1,729.214 |
| Lot Size | 7,436 | 6,422.214 |
| Price | $665.0K | $566.0K |
| Price per sq ft | $264 | $329 |
| Built year | 1951 | 1976 |
| HOA | $0 | $299 |
| Days on market | 56 | 59 |
Sep 7, 2026
$665,000
$675,000
-1% Price Drop
Initial Listing
Aug 16, 2026
$675,000
$700,000
-4% Price Drop
Initial Listing
Jul 15, 2026
$700,000
Initial Listing