
Modesto, CA 95354
This Value-Add Bungalow is a strategic acquisition in the desirable La Loma neighborhood, listed at $325,000—positioned below the $329,234 Fair Market Value by 1%. This entry point provides $4,234 in Instant Equity for a property with a Condition Rating of 4. The expansive 6,551 sqft lot and valuable alley access present significant development potential for an ADU or expansion. Located near El Vista Elementary, this home balances character with forced appreciation potential. It is perfectly suited for Buy-and-Hold Investors or first-time buyers looking to customize a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 San Juan Drive Subject | $325,000 | 2 | 1 | 896 | $367 | - |
A 232 Fusco Avenue Sold | $408,000 | 2 | 1 | 895 | $456 | 0.1 mi |
B 305 Rosina Avenue Sold | $382,000 | 2 | 1 | 953 | $401 | 0.3 mi |
C 505 Thames Court Sold | $365,000 | 3 | 1 | 926 | $394 | 0.7 mi |
D 2309 Haddon Avenue Sold | $325,000 | 3 | 1 | 1,040 | $313 | 0.5 mi |
E 2212 Carol Street Sold | $354,500 | 3 | 1 | 870 | $407 | 0.6 mi |
F 2215 Glendale Avenue Pending | $340,000 List Price | 2 | 1 | 921 | $369 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1947-built home is in functional condition but shows significant signs of age and requires modernization. The interior features dated popcorn ceilings, older teal carpeting, and a kitchen with original cabinetry that has been painted over, paired with older appliances and laminate countertops. While the original hardwood floors in the bedrooms are a plus, the overall aesthetic and fixtures are outdated. The exterior and backyard require maintenance and debris removal, fitting the criteria for a property that is maintained but aged and in need of minor updates to meet current market standards.
Situated in the highly desirable La Loma neighborhood, the property offers excellent proximity to local schools, parks, and popular dining options, ensuring strong long-term value.
The expansive 6,551 sqft lot features valuable alley access, providing significant opportunities for outdoor living, home expansion, or the addition of an accessory dwelling unit (ADU).
This 1947-built home offers a unique charm and character that appeals to first-time buyers and investors looking for a property with historical personality in a sought-after area.
With only 896 square feet of living space and a single bathroom, the home's small footprint may be restrictive for growing families or those requiring more interior room.
Given its 1947 construction, the property may require modern updates to its core systems or cosmetic finishes to meet contemporary standards and energy efficiency.
Charming 2-bedroom, 1-bath home situated on a huge lot with valuable alley access in the heart of the highly desirable La Loma neighborhood. This property offers a rare blend of character, space, and locationjust minutes from schools, parks, and a vibrant selection of local restaurants. The expansive lot provides endless possibilities for outdoor living, expansion, or future potential, while alley access adds convenience and flexibility. Whether you're a first-time buyer, investor, or someone looking to customize a home in a prime area, this is an exceptional opportunity in one of the area's most sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 896 | 1,255 | 8% |
| Lot Size | 6,551 | 6,761 | 42% |
| Price | $325.0K | $400.0K | 19% |
| Price per sq ft | $363 | $306 | 76% |
| Built year | 1947 | 1949 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 180 | 4% |
Mar 9, 2026
$325,000
Initial Listing