
Modesto, CA 95354
Analysis of 129 Phoenix Avenue, Modesto, CA 95354 is currently available with a list price of $479,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While the property was originally built in 1940, the interior living spaces have undergone an extensive recent renovation. The kitchen features modern white shaker-style cabinetry, granite countertops, and updated stainless steel appliances. The home includes contemporary luxury vinyl plank flooring throughout, recessed lighting, and updated fixtures, meeting the criteria for a property extensively renovated within the last 5 years.
The property comes with professionally drawn plans ready for county registration, significantly streamlining the path for investors to develop and maximize their return on investment.
Featuring both a primary residence and a separate garage, this property offers high flexibility for rental income, multi-generational living, or conversion into a multi-unit asset.
With 4,750 square feet of space on a 7,619 square foot lot, the property provides an exceptionally large footprint for a two-bedroom home, offering rare scale for the price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7619, other record lot size in square feet = 7405. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4750, other record living area = 3550.
Built in 1940, the property may require significant capital expenditure to update aging infrastructure, such as plumbing, electrical, and insulation, to meet modern standards.
The assigned public schools have ratings ranging from 3 to 4, which may limit the property's appeal to families specifically seeking high-performing educational districts.
Are you ready to own this rare opportunity! Property offering both a primary residence and a separate garage. Wether you plan to rent or acquire, a fully Fledged income property, the potential is clear. All necessary plans have been professionally drawn and are for registration with the County, streamline Your path to development and immediately see your return on investment. Opportunities offering this level of flexibility and preapproved documentation are highly uncommon, act now!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 4,750 | 1,309 | 99% |
| Lot Size | 7,619 | 6,765 | 78% |
| Price | $480.0K | $400.0K | 87% |
| Price per sq ft | $101 | $305 | 6% |
| Built year | 1940 | 1949 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 180 | 4% |
Apr 1, 2026
$479,999
$499,000
-4% Price Drop
Initial Listing
Mar 6, 2026
$499,000
Initial Listing
Mar 14, 2019
$245,000
Public Record