
Modesto, CA 95354
This 1950 Bungalow represents a Strong Value Opportunity, listed at $399,990—positioned slightly above the $389,011 Fair Market Value. While priced at market, the property features a Condition Rating of 3, offering a turnkey interior with fresh paint and new flooring. The Alley Access and ADU Potential provide significant long-term upside for forced appreciation. Located near El Vista Elementary and La Loma Junior High, this residence balances immediate livability with strategic development potential. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, income-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 208 Parry Avenue Subject | $399,990* List Price | 3 | 1 | 1,038 | $375 | - |
A 1834 Maria Court Sold | $462,000 | 2 | 1 | 942 | $490 | 0.4 mi |
B 320 N Santa Cruz Avenue Sold | $425,000 | 2 | 1 | 1,120 | $379 | 0.8 mi |
C 2215 Glendale Avenue Sold | $335,000 | 2 | 1 | 921 | $364 | 0.2 mi |
D 309 San Juan Drive Sold | $325,000 | 2 | 1 | 896 | $363 | 0.3 mi |
E 505 Thames Court Sold | $365,000 | 3 | 1 | 926 | $394 | 0.5 mi |
F 520 Colfax Avenue Sold | $400,000 | 3 | 1 | 1,010 | $396 | 0.5 mi |
G 217 Gregory Lane Sold | $372,000 | 2 | 1 | 1,025 | $363 | 0.4 mi |
H 408 Thrasher Avenue Sold | $370,000 | 2 | 1 | 1,085 | $341 | 0.7 mi |
I 312 Oakshire Avenue Active | $389,000 List Price | 3 | 1 | 1,187 | $328 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property has undergone recent cosmetic renovations including fresh interior and exterior paint and new laminate flooring. The home is presented as move-in ready and well-maintained, fitting the criteria for a functional, updated mid-century residence.
The property features alley access and a lot size that may accommodate an Accessory Dwelling Unit (ADU), providing significant rental income potential or multi-generational living options.
With fresh interior and exterior paint along with new laminate flooring, this home offers a move-in-ready experience that appeals to both first-time buyers and investors.
Situated near Yosemite Bowling, local shopping, and within walking distance to elementary and junior high schools, the home offers excellent everyday convenience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6900, other record lot size in square feet = 6534.
Having only one bathroom for a three-bedroom residence may limit appeal for larger families and could impact long-term resale value compared to homes with a second bath.
At just 1,038 square feet, the three-bedroom layout is relatively compact, which may result in smaller bedroom sizes and limited common living space.
The One You've Been Waiting For A Classic 1950 Bungalow That's Ready Right Now Welcome to this charming 3-bedroom, 1-bathroom home built in 1950, offering the warm character and solid craftsmanship of a mid-century bungalow. At 1,038 square feet, the layout is efficient and comfortable easy to maintain, easy to love. Freshly painted inside and out, the home feels bright and clean from the moment you arrive. New laminate floors run throughout most of the home, while one bedroom features carpet a cozy touch that keeps the space warm and livable. The location adds even more appeal: Yosemite Bowling and convenient shopping are just down the road, making everyday errands and weekend fun equally easy to reach. Whether you're a first-time buyer looking for a place to call your own or an investor seeking a solid opportunity, this property checks all the right boxes. The vintage charm combined with thoughtfully updated interiors makes it easy to imagine moving right in or putting it to work. Don't miss your chance to own a home that offers both character and potential at an accessible price point. The property features alley access and with it, the kind of flexibility that savvy buyers and investors have been hunting for. Think additional parking, a garage, or better yet: ADU potential. Subject to city verification, this lot may qualify for an Accessory Dwelling Unit a separate income-producing unit that could work as a rental, a guest house, or a long-term equity play. In today's market, that kind of upside doesn't come around every day.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.5 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,038 | 1,592.041 |
| Lot Size | 6,900 | 6,846.312 |
| Price | $400.0K | $462.1K |
| Price per sq ft | $385 | $298 |
| Built year | 1950 | 1977 |
| HOA | $0 | $155 |
| Days on market | 24 | 50 |
Aug 16, 2026
$399,990
Initial Listing
Jan 9, 2006
$284,000
Public Record