
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 | $700,000* List Price | 4 | 3 | 2,519 | $250 | - |
A 525 W Tokay Street Sold | $506,000 | 2 | 2 | 1,614 | $314 | 0.6 mi |
B 749 Costa Drive Active | $499,000 List Price | 4 | 2 | 1,992 | $251 | 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.
Located in one of the area's most desirable neighborhoods, this spacious home offers an exceptional opportunity to create your dream home while building equity. Featuring a well-designed floor plan with generously sized rooms throughout, the home provides the perfect combination of space, comfort, and functionality. The main level includes a large living room and dining room combination, ideal for entertaining or family gatherings. You'll also find three spacious bedrooms and two full bathrooms downstairs, offering flexibility for families, guests, or a home office. Upstairs features an expansive family roomperfect as a media room, game room, or additional living spacealong with a large private primary suite that provides a peaceful retreat. While the home could benefit from updating, its thoughtful layout, solid construction, and excellent bones'' make it an outstanding canvas for modernization and personalization. Conveniently located near highly regarded schools, downtown, shopping, restaurants, parks, and everyday amenities, this home combines an unbeatable location with tremendous potential. Whether you're looking for a forever home or an investment opportunity, this property offers the size, location, and foundation to make your vision a reality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,519 | - |
| Lot Size | 7,436 | - |
| Price | $700.0K | $585.8K |
| Price per sq ft | $278 | $325 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 67 |
Jul 15, 2026
$700,000
Initial Listing