1213 Lucern Avenue, Modesto, CA 95350, Modesto, 95350 - 1 bed, 2 bath
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Modesto, CA 95350
This property presents a High-Potential Investment Opportunity with a List Price of $319,900—positioned above the $294,461 Fair Market Value. While the property lacks immediate equity, its Condition Rating of 4 and 1-bedroom/2-bathroom layout offer significant ADU development potential on the spacious lot. The flag lot configuration ensures privacy, while the proximity to downtown Modesto provides strong rental demand. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing modernization projects to maximize long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1213 Lucern Avenue Subject | $319,900* List Price | 1 | 2 | 987 | $298 | - |
A 621 E Morris Sold | $385,000 | 2 | 1 | 1,368 | $281 | 0.4 mi |
B 621 E Morris Avenue Pending | $385,000 List Price | 2 | 1 | 1,368 | $281 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1952 (72 years old) and features some recent cosmetic updates such as luxury vinyl plank flooring and fresh paint. However, it lacks central HVAC, utilizing dated wall-mounted AC units and wall heaters. The listing's 'bring your vision' description and the 1-bedroom/2-bathroom configuration suggest a non-standard layout and older systems that likely require modernization to meet current market standards.
The flag lot configuration and long driveway provide an exclusive, tucked-away feel that offers significantly more privacy than standard street-front properties.
The spacious lot size and layout present a unique opportunity for ADU development, offering potential for rental income or multi-generational living arrangements.
Conveniently located just minutes from downtown Modesto, residents enjoy easy access to local dining, shopping centers, and essential medical facilities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4539, other record lot size in square feet = 4356.
As a one-bedroom residence, the property has a restricted buyer pool, making it less suitable for families or those requiring dedicated home office space.
With over 90 days on the market and multiple price reductions, the property is experiencing extended vacancy, which may lead to lower offers from opportunistic buyers.
Welcome Home to this cozy 2 story quaint home! Some homes just feel right the moment you arrive and this is one of them. The long driveway offers privacy and an exclusive touch. This home feels warm and inviting and boasts a beautiful brick fireplace perfect for entertaining or relaxing. This flag lot property includes two storage units and lots of privacy. The property's spacious lot may allow for ADU development, creating additional income or multigenerational living options. Bring your vision. Located just minutes from downtown dining, shopping, and nearby hospital. Let this unique opportunity be yours. Stop by and see all that this home has to offer! Check with city to inquire about ADU opportunity/permit for large backyard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 987 | - |
| Lot Size | 4,539 | - |
| Price | $319.9K | $458.5K |
| Price per sq ft | $324 | $300 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 103 | 48 |
Jul 13, 2026
$319,900
$324,999
-2% Price Drop
Initial Listing
May 24, 2026
$324,999
$339,900
-4% Price Drop
Initial Listing
Apr 10, 2026
$339,900
Initial Listing
Mar 3, 2022
$293,000
Public Record
Sep 29, 2017
$175,000
Public Record