
Modesto, CA 95358
Analysis of 1601 El Dorado Avenue, Modesto, CA 95358 is currently available with a list price of $199,990. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is described as being 'down to the studs' and unlivable, functioning primarily as a land value or total redevelopment opportunity. With no functional kitchen, baths, or systems, it meets the criteria for a tear-down/redevelopment project.
Located within a designated redevelopment and incentive zone, this property offers significant financial upside and growth potential for builders and investors.
The property is ideally positioned near major transit routes CA-99 and CA-132, providing excellent accessibility for future residents and commuters.
With a generous 6,000 sq ft lot and the option to acquire an adjacent property, there is substantial room for creative expansion or a larger multi-phase assemblage.
The existing 522 sq ft structure is currently down to the studs, requiring a complete rebuild and significant capital investment to become habitable.
The current building size is exceptionally small, which may limit immediate utility and necessitates a footprint expansion to meet modern residential standards.
Presenting a rare value-add opportunity in Modesto, this residential lot offers savvy investors and builders a blank canvas to unlock significant upside. Situated within a designated redevelopment and incentive zone, the property features a fenced-in yard and a generous 6,000 sq ft lot, providing ample space for creative expansion or a complete transformation. The existing 522 sq ft structure is down to the studs, making it ideal for those seeking a project with substantial potential. Strategically located near major commuter routes CA-99 and CA-132, this site is perfectly positioned for future residents who value accessibility and convenience. The open yard space invites a variety of possibilities, from expanding the current footprint to designing a new single-family home tailored to modern living. The surrounding area is experiencing renewed interest, making this an opportune moment to capitalize on the neighborhood's growth trajectory. For those looking to scale their investment, an adjacent property featuring both a home and an ADU is also available, offering the potential for a larger assemblage or multi-phase redevelopment. Whether you're an investor seeking a high-upside repositioning play or a builder ready to bring new life to a promising site, this Modesto property stands out as a compelling canvas for your next project.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 522 | - |
| Lot Size | 5,998 | - |
| Price | $200.0K | $458.5K |
| Price per sq ft | $383 | $300 |
| Built year | 0 | 0 |
| HOA | $0 | $0 |
| Days on market | 46 | 48 |
Jun 6, 2026
$199,990
Initial Listing
Jun 29, 2023
$250,000
Public Record