322 Pine Street, Modesto, CA 95351, Modesto, 95351 - 2 bed, 1 bath
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Modesto, CA 95351
This Investor-Grade Value-Add Asset is listed at $339,000, positioned relative to a $299,192 Fair Market Value. Marketed as an "Investor Special," the 1915-built home carries a Condition Rating of 5, requiring substantial rehabilitation despite recent cosmetic paint and carpet updates. The property’s core value is driven by the 7,000 sqft lot with alley access and a patio, providing significant potential for an Accessory Dwelling Unit (ADU). Located near schools and shopping, this project is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through structural modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 322 Pine Street Subject | $309,900* List Price | 2 | 1 | 772 | $321 | - |
A 306 Walnut Street Sold | $290,000 | 2 | 1 | 997 | $291 | 0.2 mi |
B Fresno Avenue Sold | $225,000 List Price | 1 | 1 | 675 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1915 and marketed as an 'Investor Special,' the property requires substantial rehabilitation despite recent cosmetic updates like new carpet and paint. While one bathroom and a portion of the living space have been refreshed, the exterior, outbuildings, and secondary kitchen area show significant signs of neglect, including outdated systems, mismatched cabinetry, and worn flooring that indicate a need for major structural and system repairs.
The property is conveniently situated near schools, parks, shopping, and offers easy freeway access, making it highly attractive for commuters and families.
With a generous 7,000 sqft lot and alley access, there is significant potential for expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Recent additions of new carpet and paint provide a clean foundation, allowing an investor or buyer to focus on more substantial value-add improvements.
Marketed as an 'Investor Special' and built in 1915, the home requires substantial maintenance and repairs to modernize its aging infrastructure.
At only 772 square feet, the small footprint and 2-bedroom, 1-bathroom configuration may limit appeal for larger families or those seeking more spacious accommodations.
Investor Special, seller has put new carpet and paint, but home still needs TLC. Stop by and see the endless possibilities this home has to offer. Property is close to school, parks, shopping and easy freeway access. Large front yard perfect for entertaining, also has alley access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 772 | 1,249.5 | 6% |
| Lot Size | 7,000 | 7,172 | 50% |
| Price | $309.9K | $396.5K | 19% |
| Price per sq ft | $401 | $315 | 90% |
| Built year | 1915 | 1957 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 189 | 2% |
Apr 23, 2026
$309,900
$339,000
-9% Price Drop
Initial Listing
Mar 30, 2026
$339,000
Initial Listing
Nov 27, 2019
$200,000
Public Record
Nov 2, 2018
$100,000
Public Record
Nov 21, 2013
$50,000
Public Record