545 El Roya Avenue, Modesto, CA 95354, Modesto, 95354 - 4 bed, 3 bath
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545 El Roya Avenue
Modesto, CA 95354
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,830Sq Ft
12,545Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$499,900
SUMMARY
This Residential Income Asset is listed at $549,900, aligning with its $525,487 Fair Market Value. The property serves as a high-performance investment, generating $66,240 in gross annual income from five active tenancies. Maintaining a Condition Rating of 4, the .29-acre lot offers exceptional versatility with three residential units, two warehouses, and an office situated in a Mixed-Use Industrial Zone. With Seller Financing available to qualified buyers, this asset provides immediate cash flow and diverse long-term utility. It is a strategic acquisition for Buy-and-Hold Investors or Owner-Users.
Estimated Market Value
$499,900
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 545 El Roya Avenue Subject | $499,900* List Price | 4 | 3 | 1,830 | $273 | - |
A 213 Kingston Lane Sold | $515,000 | 4 | 0 | 1,794 | $287 | 0.8 mi |
B 2501 Miller Avenue Sold | $485,000 | 4 | 0 | 1,794 | $270 | 0.8 mi |
C 219 Kingston Lane Sold | $490,000 | 0 | 0 | 1,794 | $273 | 0.8 mi |
D 205 Kingston Lane Sold | $505,000 | 0 | 0 | 1,794 | $281 | 0.8 mi |
E 2508 Haddon Ave. Sold | $565,000 | 0 | 0 | 2,304 | $245 | 0.8 mi |
F 221 Kingston Lane Active | $485,000 List Price | 4 | 0 | 1,794 | $270 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1939, this multi-unit property is functional and income-producing but shows a mix of budget-friendly updates and aged infrastructure. While it features newer laminate flooring and some mini-split systems, the kitchens and bathrooms are basic with dated fixtures and visible wear, consistent with a property maintained for utility rather than a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
The property generates a robust gross annual income of $66,240 from five existing tenants, offering an immediate and strong cash flow for investors.
- Versatile Mixed-Use Zoning
Located in an industrial area, the property supports a wide range of uses including manufacturing, repair businesses, and storage, providing excellent flexibility for live-work setups.
- Seller Financing Options
The availability of seller financing with a 35% down payment offers a strategic advantage for buyers seeking alternative paths to ownership outside of traditional lending.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12545, other record lot size in square feet = 12196. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1830, other record living area = 1255.
- Aging Infrastructure
Originally built in 1939 and utilizing a septic system, the property may require significant ongoing maintenance and potential capital improvements to modernize the facilities.
- Industrial Environment
The location within a mixed-use industrial zone may result in noise, traffic, and aesthetic drawbacks that could limit the appeal for purely residential-focused occupants.
About 545 El Roya Avenue
CREATIVE FINANCING available with minimum 50% down! Looking for a home with space for your business or instant income? $69,480 in gross annual rents with roughly $7,400 of operating expenses! This unique property is located in a mixed use industrial area and can be used for a variety of ways. Wrecking yard? Repair business? Storage? Manufacturing? Live and work at the same place! Property is situated on a .29 acre lot and consists of 3 units, 2 warehouse/storage units, and an office. Unit 1: 3 bedroom, 1 bathroom with 1080 sqft of living space. Unit 2: 1 bedroom, 1 bathroom with roughly 400 sqft. Unit 3: 1 bedroom, 1 bathroom with roughly 350 sqft. The warehouse is 720 sqft and has an attached office in the rear which can also be turned into an additional studio for extra income. The smaller storage unit is 312 sqft and is used to rent out for storage. Also included is a detached 3 car garage. Currently has 5 paying tenants with 4 on month to month leases. Plenty of space to add additional storage units to increase revenue even more. Septic tank pumped 12/21/25. Great for investors that want instant cash flow or have future business plans in the commercial/industrial area as this property can be used in many different ways. Buyers to confirm use. Call today for details!
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1939
- Lot Size
- 12,545 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 1.9 |
| Square foot | 1,830 | 1,797.75 |
| Lot Size | 12,545 | 6,283.25 |
| Price | $499.9K | $500.0K |
| Price per sq ft | $273 | $270 |
| Built year | 1939 | 1970 |
| HOA | $0 | $0 |
| Days on market | 265 | 70 |
Pricing History
Listed for Sale
May 4, 2026
$499,900
$549,900
-9% Price Drop
Initial Listing
Price Change
Dec 18, 2025
$549,900
Initial Listing
Sold
Aug 24, 2021
$320,000
Public Record