
Modesto, CA 95354
This Value-Add Investment Asset is listed at $340,000, positioned against a $275,335 Fair Market Value. The property’s primary strength is its 7,762 sq ft lot, which offers a high lot-to-living-area ratio and significant ADU potential for future expansion. With a Condition Rating of 5, the 1948 structure requires a comprehensive rehabilitation of major systems and cosmetic finishes to realize its full utility. Featuring a functional floor plan and ample parking, this residence is a strategic acquisition for Fix-and-Flip Investors or Contractors focused on forced appreciation in a central Modesto neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 109 Calaveras Subject | $340,000* List Price | 2 | 1 | 1,149 | $240 | - |
A 227 Walden Street Pending | $335,000 List Price | 3 | 2 | 1,236 | $271 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property shows clear signs of deferred maintenance and age. The exterior images reveal a neglected yard, weathered fencing, and older windows. The listing description explicitly mentions 'upside potential' and the need for updates to major systems, which are typical indicators of a property requiring substantial rehabilitation. Furthermore, the lack of interior photos for a home of this age strongly suggests that the kitchen, bathroom, and flooring are in poor condition or severely outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7762, living area = 1149.
The property sits on a spacious 7,762 sq ft lot, providing significant outdoor space and excellent potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
Located in an established neighborhood with close proximity to schools, shopping, and major commuter routes, offering high convenience and long-term desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7762, other record lot size in square feet = 7405.
Built in 1948, the home likely requires updates to major systems and cosmetic finishes to meet modern energy efficiency and aesthetic standards.
The 2-bedroom, 1-bathroom layout may limit the property's appeal to larger families or buyers requiring a dedicated home office space.
Charming single-story home located in an established Modesto neighborhood! This 2-bedroom, 1-bath residence offers approximately 1,149 sq ft of living space on a spacious lot. Featuring a functional floor plan, cozy fireplace, and ample parking, this property provides great potential for homeowners or investors alike. Conveniently located near schools, shopping, and major commuter routes. A fantastic opportunity to own in a centrally located area with upside potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,149 | 1,282 | 36% |
| Lot Size | 7,762 | 6,763 | 82% |
| Price | $340.0K | $400.0K | 24% |
| Price per sq ft | $296 | $304 | 48% |
| Built year | 1948 | 1949 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 154 | 180 | 37% |
Nov 19, 2025
$340,000
Initial Listing