
Modesto, CA 95351
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned above the $360,552 Fair Market Value. While the property requires a full rehab due to its Fair Condition Rating and unpermitted garage conversion, the 3-bedroom, 1-bathroom layout offers significant Income Potential through rental or multi-generational use. Investors can leverage the property's proximity to schools and shopping to maximize long-term utility. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors capable of navigating code compliance and renovation requirements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1305 Mayette Avenue Subject | $399,000* List Price | 3 | 1 | 1,246 | $289 | - |
A 620 Lenore Drive Sold | $350,000 | 3 | 2 | 1,212 | $289 | 0.6 mi |
B 417 Maple Street Sold | $341,000 | 3 | 2 | 1,150 | $297 | 1.0 mi |
C 500 Lenore Drive Sold | $375,000 | 3 | 2 | 1,085 | $346 | 0.7 mi |
D 2049 Rock Pine Court Sold | $310,000 | 3 | 2 | 1,238 | $250 | 0.7 mi |
E 2201 Kenneth Sold | $305,000 | 2 | 1 | 800 | $381 | 0.9 mi |
F 306 Walnut Street Sold | $290,000 | 2 | 1 | 997 | $291 | 0.8 mi |
G 1753 S Carpenter Rd Sold | $300,000 | 2 | 1 | 822 | $365 | 0.9 mi |
H 700 White Dove Circle Active | $410,000 List Price | 3 | 2 | 1,240 | $331 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and over 70 years old, the property shows significant signs of age with dated interior finishes and mismatched fixtures. The presence of an unpermitted garage conversion suggests potential safety and code issues regarding electrical and plumbing systems, requiring a full rehab to meet modern standards.
The garage conversion into a one-bedroom unit with a full kitchen offers a significant opportunity for rental income or multi-generational living.
Conveniently situated near schools and shopping centers, this property is well-positioned for families and tenants seeking easy access to local amenities.
Priced competitively for the Modesto market, the property provides substantial upside for investors looking to maximize utility on a standard residential lot.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6360, other record lot size in square feet = 6098.
The secondary living unit lacks official permits, which may complicate traditional financing, insurance coverage, and future code compliance.
The main residence features three bedrooms but only one bathroom, which may be a drawback for larger families or modern buyer expectations.
Welcome to 1305 Mayette Ave, this home offers a 3 bedroom, 1 bathroom. Garage was converted into a 1 bedroom unit with living room and full kitchen, it was already that way when the current seller bought it, it does not have permits. Perfect to rent or bring the mother-in-law. This property has lots of potential, close to schools, shopping centers and more!!! Don't miss out on this opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,246 | 1,592.041 |
| Lot Size | 6,360 | 6,846.312 |
| Price | $399.0K | $462.1K |
| Price per sq ft | $320 | $298 |
| Built year | 1952 | 1977 |
| HOA | $0 | $155 |
| Days on market | 13 | 50 |
Aug 27, 2026
$399,000
Initial Listing
Aug 31, 2017
$205,000
Public Record
Dec 9, 2009
$85,000
Public Record
Jun 18, 2004
$207,500
Public Record
Jul 16, 1998
$78,000
Public Record