545 El Roya Avenue, Modesto, CA 95354, Modesto, 95354 - 4 bed, 3 bath
545 El Roya Avenue
Modesto, CA 95354
Property Price
SUMMARY
Analysis of 545 El Roya Avenue, Modesto, CA 95354 is currently available with a list price of $549,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1939, this multi-unit property is functional and income-generating but shows clear signs of age. The kitchens and bathrooms feature dated cabinetry, older white appliances, and basic fixtures. Interior finishes include a mix of laminate flooring and older carpets, while climate control relies on window AC units and wall heaters rather than modern central systems. While the property is maintained for its current industrial/residential use, it lacks recent comprehensive renovations and reflects a style consistent with updates from 15-30 years ago.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment Returns
With a cap rate of approximately 7.5% and five existing income streams totaling over $58,000 in gross annual revenue, this property offers immediate and robust cash flow for investors.
- Versatile Mixed-Use Zoning
The property’s location in an industrial zone allows for a unique live-work setup or various business uses including manufacturing, storage, or repair services, providing exceptional flexibility.
- Seller Financing Options
The availability of seller financing with a 35% down payment provides a valuable alternative for buyers who may face challenges with traditional lending or wish to expedite the acquisition process.
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.
- Industrial Environment
Situated in a mixed-use industrial area, the property may lack the quiet residential appeal of traditional neighborhoods, potentially limiting the pool of long-term residential tenants.
- Aging Infrastructure
Originally built in 1939 and relying on a septic system, the property may require more frequent maintenance or capital improvements compared to newer developments.
About 545 El Roya Avenue
SELLER FINANCING available with minimum 35% down! Looking for a home with space for your business or instant income? Cap rate roughly 7.5%! 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 total annual gross revenue of $58,440 with $6,910 of operating expenses. Plenty of space to add additional storage units to increase revenue even more. Septic tank pumped 12/21/25. Great for investors that want cash flow or have future business plans in the commercial 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,830 | 1,486 | 67% |
| Lot Size | 12,545 | 8,102 | 78% |
| Price | $549.9K | $515.0K | 56% |
| Price per sq ft | $300 | $300 | 50% |
| Built year | 1939 | 1942 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 193 | 22% |
Pricing History
Listed for Sale
Dec 18, 2025
$549,900
Initial Listing
Sold
Aug 24, 2021
$320,000
Public Record