1626 Eureka Street, Modesto, CA 95358, Modesto, 95358 - 2 bed, 1 bath
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1626 Eureka Street
Modesto, CA 95358
ACTIVE
CONDITION: POOR
2Beds
1Baths
768Sq Ft
7,632Lot Size
Property Price
LIST PRICE$279,000
EST. MARKET VALUE
$285,633
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $285,633 Fair Market Value by 2%. This valuation gap offers $6,633 in Instant Equity. Featuring a Fair Condition Rating, the home includes a newer roof and laminate flooring, while the oversized 7,632 sq. ft. lot provides significant ADU potential. This is a strategic value-add asset ideal for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity through future development.
Estimated Market Value
$285,633
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1626 Eureka Street Subject 2 bd · 1 ba · 768 sqft · $372 | $279,000* List Price | 2 | 1 | 768 | $372 | - |
A 1206 Glenn Avenue Sold 2 bd · 1 ba · 1,056 sqft · $323 · 0.8 mi | $341,000 | 2 | 1 | 1,056 | $323 | 0.8 mi |
B 414 Glenn Avenue Pending 2 bd · 1 ba · 864 sqft · $278 · 0.4 mi | $240,000 List Price | 2 | 1 | 864 | $278 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1944 (80 years old), this property exceeds the 30-50 year threshold for rehab needs. While it features a newer roof (2 years) and laminate flooring, there is no mention of updated kitchen, bathrooms, or critical systems like HVAC and electrical. The exterior shows significant weathering, and the marketing focus on 'ADU potential' and lot size suggests the primary value is in the land and future redevelopment rather than the current structure's condition.
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 = 7632, living area = 768.
- ADU & Expansion Potential
The oversized 7,632 sq. ft. lot provides significant space for a potential Accessory Dwelling Unit (ADU) or future structural expansions, offering excellent value-add opportunities for investors and homeowners alike.
- Recent Key Upgrades
With a roof approximately two years old and newer laminate flooring throughout, the property features essential capital improvements that reduce immediate maintenance costs and enhance move-in readiness.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7632, other record lot size in square feet = 7405.
- Compact Living Area
At just 768 square feet, the interior living space is relatively small, which may limit its appeal to larger families or buyers seeking more spacious indoor accommodations.
- Low School Ratings
The assigned elementary and middle schools currently hold low ratings (2/10), which could be a deterrent for families prioritizing high-performing educational districts and may impact long-term resale value.
About 1626 Eureka Street
BIG LOT + ADU POTENTIAL + NEWER ROOF! Opportunity awaits at 1626 Eureka Street! This 2-bedroom, 1-btah Modesto home sits on a large approximately 7,400+ sq. ft. lot with a long driveway, generous off-street parking and plenty of outdoor space. Several important improvements have already been completed, including a roof that's approximately 2 years old and newer laminate flooring throughout. What really sets this property apart is the lot. The generous yard offers exciting opportunities for future improvements, outdoor living, gardening, additional storage, or a potential ADU. Whether you're looking for primary residence, investment property or a home with room to create additional value, this property offers flexibility that's increasingly difficult to find. Convenient Modesto location with access to shopping, dining, and major commuter routes. Property is currently tenant occupied. Please respect the occupants' privacy and do not disturb the tenants.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1944
- Lot Size
- 7,632 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Modesto Unified Schools
Shackelford Elementary School
Grades K-6 • 0.4 mi
2/10
Bret Harte Elementary School
Grades K-6 • 0.7 mi
2/10
Evelyn Hanshaw Middle School
Grades 7-8 • 0.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 768 | 1,595.344 |
| Lot Size | 7,632 | 6,731.123 |
| Price | $279.0K | $461.9K |
| Price per sq ft | $363 | $295 |
| Built year | 1944 | 1976 |
| HOA | $0 | $147 |
| Days on market | 43 | 52 |
Pricing History
Listed for Sale
Sep 11, 2026
$279,000
Initial Listing