
Lodi, CA 95240
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $418,924 Fair Market Value by 0.94%. This valuation gap offers $3,924 in Instant Equity for buyers willing to execute a renovation plan. While the home has a Fair Condition Rating (5/10), the large 6,151 sqft lot and proximity to Tokay High School offer significant upside for forced appreciation. This is a value-add acquisition ideal for Buy-and-Hold Investors or first-time buyers looking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 716 Pinot Noir Dr Subject 3 bd · 2 ba · 1,332 sqft · $315 | $415,000* List Price | 3 | 2 | 1,332 | $315 | - |
A 1153 Port Chelsea Circle Sold 3 bd · 2 ba · 1,364 sqft · $334 · 0.5 mi | $455,000 | 3 | 2 | 1,364 | $334 | 0.5 mi |
B 1007 Cardinal Street Sold 3 bd · 2 ba · 1,121 sqft · $384 · 0.6 mi | $430,000 | 3 | 2 | 1,121 | $384 | 0.6 mi |
C 909 S Pleasant Avenue Sold 3 bd · 3 ba · 1,502 sqft · $293 · 0.7 mi | $440,000 | 3 | 3 | 1,502 | $293 | 0.7 mi |
D 819 Sylvia Drive Sold 3 bd · 2 ba · 1,453 sqft · $337 · 1.0 mi | $490,000 | 3 | 2 | 1,453 | $337 | 1.0 mi |
E 2000 Thrush Court Sold 3 bd · 2 ba · 1,412 sqft · $343 · 1.0 mi | $485,000 | 3 | 2 | 1,412 | $343 | 1.0 mi |
F 829 S California Street Sold 3 bd · 2 ba · 1,643 sqft · $295 · 0.8 mi | $485,000 | 3 | 2 | 1,643 | $295 | 0.8 mi |
G 709 S Lee Avenue Sold 3 bd · 2 ba · 1,469 sqft · $323 · 1.0 mi | $475,000 | 3 | 2 | 1,469 | $323 | 1.0 mi |
H 508 Alicante Drive Active 3 bd · 2 ba · 1,352 sqft · $326 · 0.4 mi | $440,900 List Price | 3 | 2 | 1,352 | $326 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old) and previously used as a rental, the property shows significant dating including original-style dark wood vanities and brown shag carpeting. The listing explicitly calls for 'sweat equity' and 'cosmetic improvements,' indicating the interior systems and finishes require a full rehab to meet modern standards.
The property is ideally situated within walking distance of Tokay High School, making it a highly desirable location for families and ensuring strong rental or resale demand.
Positioned as a 'sweat equity' opportunity, the home allows investors or first-time buyers to build immediate equity through thoughtful cosmetic improvements and modernization.
Featuring a 6,151 sqft lot with mature landscaping and spacious front and back yards, the property offers superior outdoor utility and curb appeal compared to newer, denser developments.
Having been used previously as a rental property, the home requires aesthetic updates and renovations to reach its full market potential and modern living standards.
Built in 1981, the property may require near-term capital expenditures for major systems or structural components that are approaching the end of their typical functional lifespan.
When opportunity knocks, answer the door. Opportunity awaits in this 3 bedroom, 2 full bath home conveniently located within walking distance of Tokay High School. Previously used as a rental, this property is ready for its next chapter. With a functional floorplan, generously sized front and back yards and mature landscaping there is plenty to work with. Whether you're an investor or a first time buyer ready to build your own sweat equity, this home offers an opportunity to make thoughtful cosmetic improvements and create something truly your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,332 | 1,709.197 |
| Lot Size | 6,151 | 6,526.22 |
| Price | $415.0K | $543.0K |
| Price per sq ft | $312 | $328 |
| Built year | 1981 | 1974 |
| HOA | $0 | $301 |
| Days on market | 12 | 58 |
Oct 12, 2026
$415,000
Initial Listing