
Modesto, CA 95354
This Strong Value Opportunity is a recently remodeled duplex listed at $450,000—positioned well below the $480,855 Fair Market Value by 6%. This valuation gap provides $30,855 in Instant Equity. Featuring a Mint Condition Rating with modern finishes and separate yards, this Residential Income asset minimizes immediate capital expenditure. While local school ratings are modest, the turnkey interior and functional layout offer immediate rental appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1626 Larkin Avenue Subject | $450,000* List Price | 5 | 3 | 1,626 | $296 | - |
A 114 & 116 Severin Avenue Active | $572,500 List Price | 4 | 0 | 1,800 | $318 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1940, the property has undergone a recent comprehensive remodel (likely <5 years) featuring modern shaker-style kitchen cabinets, stainless steel appliances, and new flooring. The presence of a modern mini-split HVAC system and updated exterior finishes indicates the systems and interior are in mint, move-in-ready condition.
The property has been recently remodeled with updated kitchens, bathrooms, and flooring, offering a move-in-ready experience that minimizes immediate capital expenditure for investors.
As a residential income duplex with separate yards for each unit, it provides excellent versatility for house-hacking owner-occupants or investors looking to maximize rental yield.
Despite its 1940 build date, the interior features modern finishes and a functional 5-bedroom, 3-bathroom layout that is highly competitive in the local Modesto market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4961, other record lot size in square feet = 4791. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1626, other record living area = 858. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The assigned elementary and junior high schools carry low ratings (2 and 3 respectively), which may impact long-term appreciation and appeal to family-oriented tenants.
Built in 1940, the property may have underlying vintage mechanical or structural systems that require more frequent maintenance compared to newer constructions.
Great investment opportunity! Recently remodeled duplex in very good condition featuring updated kitchens, bathrooms, flooring, and modern finishes throughout. Both units offer clean, functional living spaces with separate yards. Convenient Modesto location with access to shopping, schools and major roads. Great opportunity for an investor or owner-occupant!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.6 |
| Baths | 3.0 | 1.9 |
| Square foot | 1,626 | 1,797.75 |
| Lot Size | 4,961 | 6,283.25 |
| Price | $450.0K | $500.0K |
| Price per sq ft | $277 | $270 |
| Built year | 1940 | 1970 |
| HOA | $0 | $0 |
| Days on market | 5 | 70 |
Sep 4, 2026
$450,000
Initial Listing
Mar 22, 2023
$155,000
Public Record
May 5, 2017
$130,000
Public Record
May 5, 2017
$85,000
Public Record
Nov 10, 2015
$80,000
Public Record
Nov 12, 2014
$69,000
Public Record