
Modesto, CA 95350
This Versatile Income-Producing Compound is a High-Potential Investment Opportunity, listed at $699,900—positioned well above the $583,122 Fair Market Value by -20%. While priced above market, the property offers significant utility through its detached three-bedroom secondary living space and expansive quarter-acre lot. Featuring a Condition Rating of 3, the main residence includes recent updates like new flooring and mini-split HVAC systems. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1629 College Avenue Subject | $639,999* List Price | 3 | 2 | 1,624 | $336 | - |
A 1705 Concord Avenue Sold | $460,000 | 2 | 1 | 1,530 | $301 | 0.1 mi |
B 1518 Carverwood Drive Sold | $475,000 | 3 | 2 | 1,487 | $319 | 0.6 mi |
C 1337 Pearl Street Sold | $456,000 | 3 | 2 | 1,265 | $360 | 0.4 mi |
D 1221 Como Park Way Sold | $573,810 | 3 | 2 | 1,851 | $310 | 0.5 mi |
E 1921 Sherwood Avenue Sold | $565,000 | 3 | 3 | 1,906 | $296 | 0.6 mi |
F 705 W Rumble Rd Sold | $526,888 | 3 | 2 | 1,839 | $287 | 1.0 mi |
G 1032 Hawthorne Avenue Active | $470,000 List Price | 3 | 2 | 1,360 | $346 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1946 but features recent updates including brand-new LVP flooring and modern mini-split HVAC systems. The property is well-maintained and move-in ready, though some areas like the bedrooms retain older carpeting and dated fixtures.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11339, living area = 1624.
The detached secondary living space with three bedrooms and one bathroom provides significant potential for rental income, a guest house, or a multi-generational living arrangement.
Set on a generous quarter-acre lot behind a private gated entrance, the property offers a rare level of security, privacy, and ample parking for multiple vehicles or equipment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11339, other record lot size in square feet = 10890. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned elementary, middle, and high schools carry lower performance ratings (3/10 and 4/10), which may impact long-term resale value for families.
Originally built in 1946, the property may have underlying aged systems or structural elements typical of mid-century homes that require more maintenance than newer constructions.
Welcome to this fully renovated and extended home in one of Modesto's established neighborhoods, set behind a private gated entrance. This unique compound offers privacy, flexibility, and income-producing potential on a spacious quarter-acre lot. The main residence features approximately 1,624 square feet of living space, including two bedrooms, two full bathrooms, and a large den that can easily serve as a third bedroom, home office, or flexible living space. Brand-new flooring and recent updates throughout create a warm, move-in-ready atmosphere, complemented by abundant natural light and comfortable living areas. A standout feature of the property is the detached secondary living space, which includes three additional bedrooms and one full bathroom. Whether utilized for extended family, guests, a home-based business, or potential rental income, this versatile space offers endless possibilities. The expansive lot provides ample parking, private driveway access, mature landscaping, and plenty of room for outdoor enjoyment. Conveniently located near shopping, schools, parks, and major commuter routes, this rare property combines comfort, privacy, and exceptional versatility in one remarkable offering.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,624 | 1,592.041 |
| Lot Size | 11,339 | 6,846.312 |
| Price | $640.0K | $462.1K |
| Price per sq ft | $394 | $298 |
| Built year | 1946 | 1977 |
| HOA | $0 | $155 |
| Days on market | 116 | 50 |
Sep 3, 2026
$639,999
$650,000
-2% Price Drop
Initial Listing
Aug 5, 2026
$650,000
$679,900
-4% Price Drop
Initial Listing
Jul 18, 2026
$679,900
$694,900
-2% Price Drop
Initial Listing
Jul 17, 2026
$694,900
$699,900
-1% Price Drop
Initial Listing
May 16, 2026
$699,900
Initial Listing
Oct 6, 2021
$513,000
Public Record
Jun 19, 2019
$400,000
Public Record