
Modesto, CA 95350
This Hybrid Residential Income Property is a Strong Value Opportunity, listed at $475,000—positioned slightly above the $472,500 Fair Market Value. While priced at market, the property features a Good Condition Rating with a Granite Kitchen and updated bath. The inclusion of a separate rental unit provides immediate cash flow, making this a stable asset. With its quiet, dead-end street location and move-in ready interior, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to utilize house-hacking strategies to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 715 E Roseburg Avenue Subject 3 bd · 2 ba · 1,296 sqft · $365 | $475,000* List Price | 3 | 2 | 1,296 | $365 | - |
A 1102 Blair Avenue Active 4 bd · 2 ba · 1,458 sqft · $360 · 0.5 mi | $525,000 List Price | 4 | 2 | 1,458 | $360 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1948, the property features a kitchen and bathroom renovation completed 6-10 years ago, which falls within the 5-15 year renovation window for a 'Good' rating. The interior is well-maintained and move-in ready with granite countertops, stainless steel appliances, and dual-pane windows.
The property includes a separate 1-bedroom, 1-bathroom back unit currently generating $600/month, offering an immediate house-hacking opportunity to offset mortgage expenses.
The main residence features high-quality updates, including a remodeled kitchen with granite countertops and stainless steel appliances, along with a fully renovated bathroom and original wood flooring.
Situated on a serene dead-end street, the property provides a peaceful living environment with minimal traffic, complemented by a large, private backyard for outdoor activities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6229, other record lot size in square feet = 6098. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1296, other record living area = 400. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Built in 1948, the property may have underlying maintenance requirements or aging systems typical of older homes that were not addressed in the recent cosmetic updates.
The current rental income of $600 for the secondary unit is relatively low compared to the $475,000 list price, which may affect the immediate return on investment for pure investors.
Discover this charming cottage-style house hacking gem on a serene dead-end street! This adorable home offers the perfect blend of comfortable living and smart income potential with a separate back rental unit and currently tenant occupied. The front residence features a spacious 2-bedroom, 1-bath layout with approximately 892 sq ft. Step inside to an open and inviting floor plan showcasing beautiful wood floors, an updated kitchen (6-10 years ago) with granite countertops, tile flooring, ample cabinetry, and a gas stove, plus sleek stainless steel appliances. The updated bathroom boasts tile flooring, a stylish vanity, new toilet, wainscoting, modern lighting, and a luxurious tiled tub/shower. Dual-pane windows, a whole-house fan, and ceiling fans throughout ensure comfort and efficiency. Outside, enjoy a large, private backyard complete for relaxation or entertaining. The home sits on a generous lot in a wonderfully quiet location. The back 1-bedroom, 1-bath rental unit (approx. 450 sq ft) provides immediate cash flow to help offset your mortgage and living expenses. Whether you're a first-time buyer looking to house hack or an investor seeking turnkey income, this property delivers value and charm. Super clean, well-maintained, and move-in ready. Don't miss this rare opportunity for homeownership with built-in rental income! Schedule your showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,296 | 1,856.182 |
| Lot Size | 6,229 | 6,342.091 |
| Price | $475.0K | $526.8K |
| Price per sq ft | $367 | $279 |
| Built year | 1948 | 1967 |
| HOA | $0 | $0 |
| Days on market | 128 | 67 |
Jun 18, 2026
$475,000
Initial Listing
Sep 13, 2024
$385,000
Public Record
Nov 3, 2020
$291,500
Public Record
Apr 16, 2015
$180,000
Public Record