321 Olivero Road, Modesto, CA 95358, Modesto, 95358 - 2 bed, 1 bath
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Modesto, CA 95358
Analysis of 321 Olivero Road, Modesto, CA 95358 is currently available with a list price of $355,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1948 (76 years old) with no mentioned updates to the kitchen, bathrooms, or major systems. The exterior shows significant deferred maintenance including an aging roof and dilapidated fencing, while the listing's emphasis on R-3 zoning and land potential indicates the home requires a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19998, living area = 912.
The property is zoned R-3 and sits on nearly half an acre of land, offering significant opportunities for multi-unit development or substantial expansion.
Conveniently situated just minutes from major freeway access and shopping centers, providing excellent accessibility for commuters and easy access to local amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19998, other record lot size in square feet = 19602.
At only 912 square feet with a 2-bedroom, 1-bathroom configuration, the interior footprint is quite small and may not meet the needs of larger families or modern buyers seeking spacious layouts.
Built in 1948, the home likely requires modernization of its core systems and finishes to meet contemporary energy efficiency and aesthetic standards.
This adorable home is located minutes from the freeway and shopping centers. It features a basement for extra storage and possible mechanics pit in the garage. The property is zoned R-3 with almost half an acre of land with endless potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 912 | 1,463 | 10% |
| Lot Size | 19,998 | 7,632 | 71% |
| Price | $355.0K | $440.0K | 19% |
| Price per sq ft | $389 | $326 | 81% |
| Built year | 1948 | 1968 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 191 | 3% |
May 13, 2026
$355,000
Initial Listing
Dec 31, 2020
$305,000
Public Record