1216 L Street, Modesto, CA 95354, Modesto, 95354 - 2 bed, 1 bath
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Modesto, CA 95354
This property presents a High-Potential Investment Opportunity with a List Price of $290,000—positioned well below the $284,786 Fair Market Value by a negligible margin, reflecting a stable entry point. With a Condition Rating of 5, the home requires a full rehabilitation of core systems and interior spaces to meet modern standards. The 1910 vintage architecture offers historic character, while the compact 957 sqft layout necessitates a strategic renovation plan. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of managing a comprehensive value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1216 L Street Subject | $290,000* List Price | 2 | 1 | 957 | $298 | - |
A 116 Alice Street Active | $279,900 List Price | 1 | 1 | 882 | $317 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910 with no evidence of recent major renovations. Given the age of over 100 years and the visible deferred maintenance on the exterior and landscaping, the property likely requires a full rehabilitation of the kitchen, bathroom, and core systems (HVAC/Electrical) to meet modern safety and functional standards.
Listed at $290,000, this property offers a highly accessible entry-level price for the California market, making it an attractive option for first-time buyers or budget-conscious investors.
Built in 1910, the home possesses vintage architectural appeal and historic charm that is often sought after in established Modesto neighborhoods.
The property's proximity to downtown Modesto provides excellent walkability and easy access to local government offices, dining, and urban amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2450, other record lot size in square feet = 2613.
With only 957 square feet and a single bathroom, the interior layout is quite compact and may feel restrictive for growing families or those requiring a home office.
The 2,450 square foot lot offers minimal outdoor space, which limits options for gardening, private recreation, or future structural expansions.
Exceptional opportunity in Modesto. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 957 | - |
| Lot Size | 2,450 | - |
| Price | $290.0K | $458.5K |
| Price per sq ft | $303 | $300 |
| Built year | 1910 | 0 |
| HOA | $0 | $0 |
| Days on market | 19 | 48 |
Jul 3, 2026
$290,000
Initial Listing