
Modesto, CA 95354
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well above the $224,080 Fair Market Value by -67%. Featuring Transition Downtown Zoning and a 3-bedroom, 3-bathroom layout, the asset offers significant versatility for mixed-use applications. Given the Fair Condition Rating and vintage 1939 infrastructure, the property requires comprehensive interior modernization. This is a strategic acquisition for Buy-and-Hold Investors or Small Business Owners seeking a value-add project in Modesto’s evolving downtown corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1006 6th Street Subject | $375,000* List Price | 3 | 3 | 1,350 | $166 | - |
A 132 Grant Street Sold | $280,000 | 3 | 1 | 1,178 | $238 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1939, the property shows significant age-related wear and lacks modern updates. While the exterior HVAC unit appears relatively recent, the interior features highly dated finishes, including a primitive bathroom with exposed piping and makeshift fixtures. The overall condition suggests the need for a comprehensive rehab of the plumbing, electrical, and interior surfaces to meet modern living standards.
Located in the Transition Downtown Zone, this property offers rare flexibility for residential, office, or mixed-use applications, making it a highly adaptable asset for investors or business owners.
The property boasts a strategic downtown position with immediate access to Highway 99, local dining, and shopping, ensuring high visibility and convenience for residents or clients.
With a 3-bedroom and 3-bathroom layout in 1,350 square feet, the property provides an exceptional bathroom-to-bedroom ratio that is ideal for professional office use or multi-tenant rental potential.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3500, other record lot size in square feet = 3920. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Built in 1939, the property may require more frequent maintenance or significant capital improvements to modernize aging systems compared to newer constructions.
The 3,500 square foot lot is relatively small, which restricts outdoor living space and limits the potential for future physical expansion of the building footprint.
Opportunity meets versatility in the heart of downtown Modesto. Located in the Transition Downtown Zone, this unique property offers incredible potential for residential, office, or mixed-use possibilities. Conveniently situated near downtown dining, shopping, and easy access to Highway 99, this centrally located property is ideal for investors, small business owners, or buyers looking for a live/work opportunity. Featuring charming character with thoughtful updates throughout the years, the property offers flexible space, private parking, and a location positioned for future growth within Modesto's evolving downtown corridor. Whether you envision a cozy residence, boutique office space, rental investment, or creative studio, the possibilities here are endless. Rare downtown zoning flexibility combined with classic character makes this a unique opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 1,350 | 1,315 | 53% |
| Lot Size | 3,500 | 6,752 | 5% |
| Price | $375.0K | $405.6K | 35% |
| Price per sq ft | $278 | $304 | 31% |
| Built year | 1939 | 1949 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 198 | 2% |
May 14, 2026
$375,000
Initial Listing
Jan 7, 2003
$250,000
Public Record