1407 E las palmas, Patterson, CA 95363, Patterson, 95363 - 4 bed, 2 bath
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1407 E las palmas
Patterson, CA 95363
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,929Sq Ft
396,396Lot Size
Property Price
LIST PRICE$1,098,888
EST. MARKET VALUE
$1,080,853
SUMMARY
This Multi-Unit Residential Compound is a versatile asset listed at $1,098,888, representing a stable entry point at its $1,098,888 Fair Market Value. The property maintains a Good Condition Rating following recent updates, including a kitchen with stone countertops and modern stainless steel appliances. Spanning 9.1 acres, the estate includes a 4-bedroom main residence and two separate 2-bedroom apartments, offering exceptional rental income potential. This rare combination of acreage and density is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-utility asset.
Estimated Market Value
$1,080,853
Based on Realkey algorithm analyzing recent comparable sales in Patterson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1407 E las palmas Subject | $1,098,888* List Price | 4 | 2 | 1,929 | $560 | - |
A 16221 Gustafson Avenue Active | $999,500 List Price | 3 | 2 | 1,500 | $666 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1918, the property has undergone extensive recent renovations making it move-in ready. The kitchen features updated stone countertops and modern stainless steel appliances, and the interior boasts new laminate flooring and fresh paint throughout. The bathrooms have been updated with contemporary vanities and tile work. It presents as a well-maintained, updated home, though its centennial age and the presence of multiple units on a large lot suggest some original structural elements remain, placing it firmly in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 396396, living area = 1929.
- Multi-Unit Income Potential
The property features a main 4-bedroom residence plus two separate 2-bedroom apartments, offering excellent opportunities for rental income or multi-generational living.
- Expansive Acreage
With 9.1 acres of land, this property provides a rare amount of space for agricultural use, a private retreat, or potential future development.
CONSRISKS & DEFICIENCIES
- Significant Age
Originally constructed in 1918, the property may require substantial updates to its core systems and structural components to meet modern standards.
- High Maintenance Intensity
Managing over 9 acres of land and three separate living units demands significant ongoing maintenance efforts and associated costs.
About 1407 E las palmas
Property with 9.1 Acres of Potential! The main 1,929 sq ft, 4-bedroom, 2-bath the main house + two separate 2-bed/1-bath apartments. The remaining 8+ acres offer endless possibilities.Create a private retreat, or enjoy the abundant outdoor space.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 396,396 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 |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,929 | 1,894.452 |
| Lot Size | 396,396 | 6,037.516 |
| Price | $1.10M | $490.1K |
| Price per sq ft | $570 | $264 |
| Built year | 1918 | 2004 |
| HOA | $0 | $197 |
| Days on market | 503 | 77 |
Pricing History
Listed for Sale
Apr 24, 2025
$1,098,888
Initial Listing
Sold
Jan 28, 2022
$650,000
Public Record
Sold
Jan 13, 2003
$212,500
Public Record