1301 Oakwood Drive, Modesto, CA 95350, Modesto, 95350 - 4 bed, 2 bath
1301 Oakwood Drive
Modesto, CA 95350
Property Price
SUMMARY
Analysis of 1301 Oakwood Drive, Modesto, CA 95350 is currently available with a list price of $480,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1953, this duplex is maintained but shows signs of aging infrastructure typical of its era. While functional and currently occupied by long-term tenants, the property lacks evidence of recent major renovations to the kitchens or bathrooms, and the listing analysis suggests cosmetic updates are needed to reach modern market rent levels.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
The duplex configuration offers excellent flexibility, allowing a buyer to either operate it as a full-income property or live in one unit while renting the other to offset mortgage costs.
- Operational Flexibility
With both units currently on month-to-month leases, the new owner has the immediate ability to adjust rents to market rates or take possession of a unit for personal use.
- Prime Location
Situated in a highly desirable area of Modesto, the property is positioned to attract quality tenants and benefit from long-term neighborhood appreciation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6656, other record lot size in square feet = 6534.
- Aging Infrastructure
Built in 1953, the property may require more frequent maintenance or capital improvements to aging systems such as plumbing and electrical compared to newer builds.
- Potential Rent Gap
Long-term tenancies often result in rents that trail behind current market values, which may necessitate cosmetic updates to justify significant price increases.
About 1301 Oakwood Drive
Sweet Duplex in prime area of Modesto. Live in one and rent the other or continue to use as an investment property. Both units currently rented to long term tenants on month to month leases. The property is in good condition and ready for a new owner.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1953
- Lot Size
- 6,656 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 33% |
| Baths | 2.0 | 1.0 | 50% |
| Square foot | 1,800 | 1,701 | 50% |
| Lot Size | 6,656 | 6,154 | 67% |
| Price | $480.0K | $525.0K | 33% |
| Price per sq ft | $267 | $273 | 33% |
| Built year | 1953 | 1974 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 139 | 159 | 33% |
Pricing History
Listed for Sale
Oct 20, 2025
$480,000
Initial Listing