
Modesto, CA 95358
CASH BUYERS ONLY! Calling all investors, contractors and builders. The home has sustained fire damage and requires extensive repair or reconstruction.
Property is extensive renovation needed.
The property has sustained significant fire damage and requires extensive structural repair or reconstruction. Built in 1986 (38 years old), it falls into the >30y category with severe safety and structural defects, making it currently unlivable and requiring a total rehab.
Priced at $120,000, which is well below its 2020 sale price of $275,000, offering a substantial margin for investors to realize equity gains post-reconstruction.
The property serves as a blank canvas for contractors or builders to modernize the layout and finishes during the required extensive repair process.
The 5,750 square foot lot provides ample space for potential home expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the land's utility.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5750, other record lot size in square feet = 5662.
The home has sustained fire damage and requires a complete overhaul or reconstruction, necessitating a high capital expenditure and specialized construction knowledge.
The requirement for cash-only buyers excludes those relying on traditional financing, significantly limiting the potential pool of purchasers to well-capitalized investors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 887 | 1,595.344 |
| Lot Size | 5,750 | 6,731.123 |
| Price | $120.0K | $461.9K |
| Price per sq ft | $135 | $295 |
| Built year | 1986 | 1976 |
| HOA | $0 | $147 |
| Days on market | 23 | 52 |
Oct 1, 2026
$120,000
Initial Listing
Oct 12, 2020
$275,000
Public Record
Feb 23, 2017
$140,000
Public Record
Aug 18, 2014
$64,000
Public Record
Oct 27, 1997
$55,000
Public Record
Oct 6, 1997
$32,000
Public Record