
Modesto, CA 95358
This property presents a High-Potential Investment Opportunity with a List Price of $419,950—positioned above the $382,184 Fair Market Value. While the property lacks immediate equity, its 2005 construction and $0 Association Fee provide a stable foundation for a Buy-and-Hold Investor. With a Fair Condition Rating, the unit requires cosmetic updates to maximize rental yield. Despite lower-rated local schools, the current tenant-occupied status offers immediate cash flow. This asset is best suited for Rental Property Investors seeking a low-maintenance entry into the Modesto market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1812 Cielto Dr Subject | $419,950* List Price | 3 | 2 | 1,116 | $342 | - |
A 1206 Glenn Avenue Sold | $341,000 | 2 | 1 | 1,056 | $323 | 0.5 mi |
B 2505 Gutherie Street Sold | $395,000 | 3 | 2 | 1,058 | $373 | 0.9 mi |
C 1518 Plumas Avenue Sold | $360,000 | 3 | 1 | 1,256 | $287 | 0.6 mi |
D 1701 Pawtucket Avenue Sold | $450,000 | 4 | 2 | 1,394 | $323 | 0.7 mi |
E 837 Inyo Avenue Sold | $400,000 | 5 | 2 | 1,228 | $326 | 0.8 mi |
F 1401 Inyo Avenue Pending | $330,000 List Price | 3 | 1 | 1,200 | $275 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it just into the 'Fair' category. At this age, original kitchen finishes, bathrooms, and major systems like the HVAC are likely dated and approaching the end of their typical primary lifecycle. The exterior shows deferred landscape maintenance, and as a tenant-occupied unit, it likely requires minor repairs and cosmetic updates to be move-in ready for an owner-occupant.
Built in 2005, this home is relatively modern compared to older inventory in Modesto, likely featuring more updated building standards, electrical systems, and plumbing.
With an association fee of $0, the property offers lower monthly carrying costs and greater freedom for the owner regarding property modifications and usage.
The property is currently tenant-occupied, making it an attractive option for investors looking for immediate rental income without the downtime of finding a tenant.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 5888.
The 'Do not disturb tenants' instruction and lack of interior details suggest limited viewing opportunities, which can complicate the inspection and buying process for owner-occupants.
The assigned elementary and middle schools have low performance ratings (3/10 and 2/10 respectively), which may deter families and impact future resale value.
Do not disturb tenants
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,116 | 1,592.041 |
| Lot Size | 6,098 | 6,846.312 |
| Price | $419.9K | $462.1K |
| Price per sq ft | $376 | $298 |
| Built year | 2005 | 1977 |
| HOA | $0 | $155 |
| Days on market | 48 | 50 |
Jul 23, 2026
$419,950
Initial Listing
Dec 10, 2014
$170,000
Public Record
Nov 30, 2007
$160,000
Public Record