738 Costa Drive, Lodi, CA 95240, Lodi, 95240 - 3 bed, 2 bath
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738 Costa Drive
Lodi, CA 95240
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,656Sq Ft
8,830Lot Size
Property Price
LIST PRICE$479,000
EST. MARKET VALUE
$479,000
SUMMARY
This ranch-style home presents a High-Potential Investment Opportunity with a List Price of $479,000—positioned well below the $481,934 Fair Market Value by 0.6%. This valuation gap offers $2,934 in Instant Equity for buyers. Featuring a new roof and fresh exterior paint, the property maintains a Condition Rating of 4, requiring interior modernization to maximize value. With a large 8,830 sqft lot and potential for a 4th bedroom, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking sweat equity.
Estimated Market Value
$479,000
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 |
|---|---|---|---|---|---|---|
★ 738 Costa Drive Subject | $479,000* List Price | 3 | 2 | 1,656 | $289 | - |
A 1021 Lakewood Drive Sold | $520,000 | 3 | 2 | 1,671 | $311 | 0.6 mi |
B 1215 W Walnut Street Sold | $460,000 | 2 | 2 | 1,613 | $285 | 0.6 mi |
C 525 W Tokay Street Sold | $506,000 | 2 | 2 | 1,614 | $314 | 0.9 mi |
D 826 Maplewood Sold | $550,000 | 3 | 2 | 1,697 | $324 | 0.7 mi |
E 1207 Lakewood Drive Sold | $510,000 | 3 | 2 | 1,747 | $292 | 0.8 mi |
F 819 Sylvia Drive Sold | $490,000 | 3 | 2 | 1,453 | $337 | 0.9 mi |
G 610 N California Street Sold | $584,000 | 3 | 2 | 1,763 | $331 | 0.2 mi |
H 533 W Tokay Street Active | $539,900 List Price | 3 | 2 | 1,731 | $312 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1957, the property shows signs of partial updates including a new roof, fresh exterior paint, and recessed lighting. However, the interior remains dated with original hardwood floors and older fixtures. The listing explicitly mentions 'sweat equity' and 'finishing touches,' indicating that while functional and livable, the kitchen and systems likely require modernization to meet current standards.
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 = 8830, living area = 1656.
- Recent Exterior Renovations
The property features a brand-new roof and freshly painted exterior, providing immediate curb appeal and significantly reducing near-term capital expenditures for the new owner.
- Versatile Living Space
With 1,656 square feet of living space and the potential for a 4th bedroom, this ranch-style home offers a flexible layout that can accommodate growing families or home office needs.
CONSRISKS & DEFICIENCIES
- Interior Modernization Required
The description indicates the home needs finishing touches, suggesting that interior systems, flooring, or cabinetry may be dated and require additional investment.
- Unfinished Backyard
While the backyard is noted for its potential, it currently lacks completed landscaping or functional improvements, requiring the buyer to dedicate time and budget to realize its value.
About 738 Costa Drive
**BUYER INCENTIVE Seller willing to credit up to $10K toward closing costs or a rate buydown for every dollar over asking plus, we're throwing in a FREE PIZZA to celebrate your new home! 🍕🏡 Freshly painted exterior, new roof, meticulously maintained front yard, this is a perfect home to add your finishing touches to and immediately build up some of sweat equity. Possible 4th bedroom. The backyard has such great potential! One of the two bathrooms features a walk-in shower, providing a contemporary and accessible bathing experience. The ranch-style exterior offers a timeless aesthetic, complemented by a private yard that provides an exclusive outdoor sanctuary. An attached garage offers convenience and secure parking, while the patio and porch extend the living space outdoors, ideal for relaxation or entertaining.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 8,830 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,656 | 1,729.214 |
| Lot Size | 8,830 | 6,422.214 |
| Price | $479.0K | $566.0K |
| Price per sq ft | $289 | $329 |
| Built year | 1957 | 1976 |
| HOA | $0 | $299 |
| Days on market | 101 | 59 |
Pricing History
Listed for Sale
Sep 3, 2026
$479,000
$489,000
-2% Price Drop
Initial Listing
Price Change
Aug 24, 2026
$489,000
$478,000
+2% Price Increase
Initial Listing
Price Change
Aug 22, 2026
$478,000
$479,000
+0% Price Increase
Initial Listing
Price Change
May 31, 2026
$479,000
Initial Listing
Sold
Apr 27, 2007
$375,000
Public Record
Sold
Mar 25, 2004
$308,000
Public Record
Sold
Mar 23, 2001
$168,500
Public Record
Sold
Oct 18, 1999
$81,000
Public Record