The property at 435 Cherry St, Lodi, CA, is a modest 2-bedroom, 1-bathroom single-family home in a desirable neighborhood. With a valuation around $308K, it's below the median listing price of $474K in Downtown Lodi. However, it's smaller compared to comps averaging 1,100 sqft, indicating limited renovation scope without significant changes.
To maximize flip potential, consider minor cosmetic updates that enhance appeal without extensive renovations. Focus on curb appeal and interior staging to attract buyers. Given the current market dynamics, it's wise to list at a competitive price slightly above your investment after improvements.