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713 W Kettleman Lane, Lodi, CA 95240, Lodi, 95240 - bed, bath

713 W Kettleman Lane, Lodi, CA 95240 home-pic-0
ACTIVE$530,000/sqft
713 W Kettleman Lane, Lodi, CA 95240
0Bed
0Bath
Sqft
8,255Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Flexible Mixed-Use Zoning: The property boasts highly flexible and desirable Mixed-Use zoning, allowing for diverse development opportunities beyond residential use.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-07-21. The sold price is $1,150,000.00.

Compared to the nearby listings

Price:$530.0K vs avg $530.0K (+$0)50%
Size: sqft vs avg 1,920 sqft33%
Price/sqft:$0 vs avg $16133%

More Insights

Built in 1920 (106 years old).
Condition: The property, built in 1920, is currently unlivable and gutted to the studs, as clearly shown in the interior images. There are no functional kitchens, bathrooms, or finished living spaces. While the listing mentions approved plans to utilize the existing structure for a four-plex, its current condition requires substantial rehabilitation, extensive system replacements, and a complete build-out, aligning with the 'poor' classification rather than a 'tear-down' since the structure is intended for reuse.
Year Built
1920
Close
-
List price
$530K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
225153254
Home ConditionPoor
Features
Patio
View-

About this home

Exceptional Investment Opportunity! Mixed-Use-Zoning with Approved Four-Plex Plans using existing building. Opportunity awaits for the right investor or developer. This unique property is zoned Mixed-Use, offering some of the most flexible and desirable zoning available. The City of Lodi has approved plans for a four-flex utilizing the existing structure, permits have been paid for and will be passed to the buyer at close of escrow as part of purchase - perfect for someone ready to take advantage of immediate, potential and strong future returns. Plans are attached in the MLS for review. Plans include 1- studio and 3- One Bedroom units. Back yard for parking removing the existing garage. Basement for Rec Room and laundry. Front can be a cozy court-yard with BBQ for friendly fellowship. Easement for Ingress and Egress to be recorded at closing. Fantastic Opportunity for redevelopment, income property, or long-term investment. Don't miss this rare chance to secure a property with approved development plans and highly valuable zoning in place. Options are limitless. 709 IS NOT FOR SALE -

M
Michelle Sherman
Listing Agent

Price History

Date
Event
Price
04/19/94
Sold
$183,000
07/21/25
Sold
$1,150,000
Condition Rating
Poor
The property, built in 1920, is currently unlivable and gutted to the studs, as clearly shown in the interior images. There are no functional kitchens, bathrooms, or finished living spaces. While the listing mentions approved plans to utilize the existing structure for a four-plex, its current condition requires substantial rehabilitation, extensive system replacements, and a complete build-out, aligning with the 'poor' classification rather than a 'tear-down' since the structure is intended for reuse.
Pros & Cons

Pros

Flexible Mixed-Use Zoning: The property boasts highly flexible and desirable Mixed-Use zoning, allowing for diverse development opportunities beyond residential use.
Approved Four-Plex Plans with Paid Permits: City-approved plans for a four-plex conversion, with permits already paid and transferable to the buyer, significantly de-risks and accelerates the development process.
Strong Income & Redevelopment Potential: The approved plans for a four-plex (1 studio, 3 one-bedroom units) offer clear potential for substantial rental income and long-term capital appreciation.
Utilization of Existing Structure: The development plans leverage the existing building, potentially reducing demolition costs and construction timelines compared to a ground-up project.
Functional Basement & Site Enhancements: Plans include a basement for a rec room and laundry, backyard parking, and a front courtyard, adding valuable amenities to the future units.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-07-21. The sold price is $1,150,000.00.
Age of Existing Structure: Built in 1920, the existing structure will likely require extensive renovation, modernization, and potential structural upgrades to accommodate the four-plex conversion.
Significant Development Required: Despite approved plans, the property is not turn-key and requires substantial capital investment, construction management, and time to realize its full potential as a four-plex.
Easement for Ingress and Egress: An easement for ingress and egress needs to be recorded at closing, which could imply shared access or specific access arrangements that may require careful management.
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