415 Santa Barbara Avenue, Modesto, CA 95354, Modesto, 95354 - 3 bed, 1 bath
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This property presents a High-Potential Investment Opportunity with a List Price of $394,900—positioned well below the $359,970 Fair Market Value by -9%. While the home carries a Fair Condition Rating due to its 1941 vintage infrastructure, the 7,440 sqft lot offers significant value-add potential for an ADU or expansion. Located within walking distance of Wilson Elementary and La Loma Junior High, this asset is ideal for Buy-and-Hold Investors or first-time buyers capable of executing necessary modernization to capture long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 Santa Barbara Avenue Subject | $394,900* List Price | 3 | 1 | 1,189 | $303 | - |
A 214 Ferguson Avenue Sold | $325,000 | 2 | 1 | 957 | $340 | 0.6 mi |
B 1203 Encina Avenue Sold | $430,000 | 3 | 2 | 1,318 | $326 | 0.0 mi |
C 227 Walden Street Sold | $295,000 | 3 | 2 | 1,236 | $239 | 0.6 mi |
D 309 San Juan Drive Sold | $325,000 | 2 | 1 | 896 | $363 | 0.7 mi |
E 334 Semple Street Sold | $350,000 | 2 | 2 | 906 | $386 | 0.8 mi |
F 1941 Yellow Oak Drive Sold | $409,900 | 2 | 2 | 1,365 | $300 | 0.8 mi |
G 330 Rowland Avenue Pending | $419,000 List Price | 2 | 1 | 1,022 | $410 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1941 (83 years old) and the listing data shows no evidence of recent renovations. Given the age exceeds 30 years without documented updates to the kitchen, bathrooms, or major systems like HVAC and electrical, the home likely requires significant rehabilitation and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7440, living area = 1189.
Priced under $400,000, this property represents a highly accessible entry point for first-time homebuyers or investors seeking a three-bedroom residence in the Modesto market.
The 7,440 square foot lot offers significant outdoor space, providing ample room for potential expansions, an Accessory Dwelling Unit (ADU), or extensive landscaping projects.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only one bathroom serving three bedrooms, the home's layout may present functional challenges for larger families and could impact its overall marketability compared to homes with a second bath.
Built in 1941, the property likely requires modernization of its core systems and energy efficiency features to meet contemporary standards, which may necessitate additional capital investment.
Exceptional opportunity in Modesto. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.0 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,189 | 1,592.041 |
| Lot Size | 7,440 | 6,846.312 |
| Price | $394.9K | $462.1K |
| Price per sq ft | $332 | $298 |
| Built year | 1941 | 1977 |
| HOA | $0 | $155 |
| Days on market | 45 | 50 |
Jul 26, 2026
$394,900
Initial Listing