1509 Pelton AVE, Modesto, CA 95351, Modesto, 95351 - 3 bed, 1 bath
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Modesto, CA 95351
This property presents a High-Potential Investment Opportunity with a List Price of $352,000—positioned above the $299,098 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the 6,098 square foot lot and unpermitted sunroom offer significant value-add potential for footprint expansion. The home serves as a functional 3-bedroom, 1-bathroom asset for those targeting the entry-level rental market. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1509 Pelton AVE Subject | $352,000* List Price | 3 | 1 | 864 | $346 | - |
A 2201 Kenneth Sold | $305,000 | 2 | 1 | 800 | $381 | 0.9 mi |
B 1708 Rouse Avenue Active | $350,000 List Price | 3 | 1 | 1,083 | $323 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966 (58 years old) with no evidence of recent major renovations. The inclusion of an unpermitted addition sold strictly 'as-is' suggests potential structural or code issues, and the property likely requires a full rehab of systems and interiors to address its age and dated condition.
Priced competitively at $352,000, this property serves as an ideal entry-level home or a strategic rental investment within an established residential pocket of Modesto.
The 6,098 square foot lot provides ample space for outdoor entertaining, gardening, or potential footprint expansion, offering significant value-add opportunities.
The inclusion of a sunroom or guest space addition offers extra utility and living area beyond the official 864 square feet, enhancing the home's overall versatility.
With only 864 square feet of official living space for a three-bedroom layout, the interior may feel constrained for families requiring larger common areas.
The additional sunroom is unpermitted and sold strictly as-is, which could present challenges regarding future permitting, appraisals, or specific financing requirements.
1509 Pelton Ave is an excellent entry-level home or rental investment option located on the Westside of Modesto, CA 95351. Built in 1966, this single-story residence features a 3-bedroom, 1-bathroom layout. "Property includes an unpermitted sunroom or guest space' addition which is not included in official public records. Space conveys strictly as-is." The standout feature of this property is its generous 6,098 square foot lot. The spacious backyard offers plenty of room for outdoor entertaining, a garden or a potential footprint expansion. A dedicated carport handles off-street parking. The property is positioned in an established residential pocket with quick access to local everyday conveniences. It sits within driving distance of central Modesto shopping plazas, public schools like Harriette Kirschen Elementary, and major transit routes for regional commuters.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 864 | - |
| Lot Size | 6,098 | - |
| Price | $352.0K | $458.5K |
| Price per sq ft | $407 | $300 |
| Built year | 1966 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 48 |
Jul 15, 2026
$352,000
Initial Listing
Mar 12, 2013
$58,000
Public Record
Sep 16, 2005
$190,000
Public Record