724 S School St, Lodi, CA 95240, Lodi, 95240 - 2 bed, 1 bath
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724 S School St
Lodi, CA 95240
ACTIVE
CONDITION: POOR
2Beds
1Baths
840Sq Ft
7,336Lot Size
Property Price
LIST PRICE$300,000
EST. MARKET VALUE
$296,757
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $296,758 Fair Market Value by a negligible margin, reflecting a stable entry point. With a Condition Rating of 5, this asset requires a comprehensive renovation, including kitchen and bath modernization. The 7,336 sq. ft. lot offers significant upside for expansion or ADU development. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capture value in a neighborhood of higher-priced homes.
Estimated Market Value
$296,757
Based on Realkey algorithm analyzing recent comparable sales in Lodi.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 724 S School St Subject 2 bd · 1 ba · 840 sqft · $353 | $300,000* List Price | 2 | 1 | 840 | $353 | - |
A 608 W Vine Street Pending 3 bd · 1 ba · 1,037 sqft · $347 · 0.4 mi | $359,999 List Price | 3 | 1 | 1,037 | $347 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1955 and explicitly marketed as a fixer-upper, this property requires a full rehab. The kitchen features original stenciled cabinets and dated appliances, the bathroom and flooring need complete replacement, and the Coleman gas furnace is an ancient system that is well beyond its functional life expectancy.
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 = 7336, living area = 840.
- Prime Location
Situated in a desirable neighborhood surrounded by higher-value homes, offering excellent potential for appreciation and the classic 'worst house on the best block' advantage.
- Generous Lot Size
The 7,336 square foot lot provides ample space for potential home expansion, an ADU addition, or extensive outdoor landscaping to increase property value.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
The home is sold in as-is condition and requires comprehensive updates, including a new kitchen, bathroom, and flooring, necessitating a substantial post-purchase budget.
- Limited Functional Square Footage
With only 840 square feet of living space and a garage currently configured as a storeroom, the property offers limited immediate utility for modern family needs.
About 724 S School St
Estate sale being sold as-is. No auction or court confirmation required. Fixer-upper surrounded by nicer homes in great area. Garage is currently configured as a storeroom or shop. Home would benefit from new kitchen, bath, and floor coverings. May also be potential for changing the layout, as well as other basic upgrades.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 7,336 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,709.197 |
| Lot Size | 7,336 | 6,526.22 |
| Price | $300.0K | $543.0K |
| Price per sq ft | $357 | $328 |
| Built year | 1955 | 1974 |
| HOA | $0 | $301 |
| Days on market | 29 | 58 |
Pricing History
Listed for Sale
Sep 25, 2026
$300,000
Initial Listing