
Modesto, CA 95350
This Hybrid Income-Generating Property is a Strong Value Opportunity, listed at $475,000—positioned well below the $449,295 Fair Market Value by -5%. While the list price exceeds the current valuation, the property offers immediate cash flow via a 1-bedroom back rental unit. Featuring a Good Condition Rating, the home includes a Granite Kitchen and updated baths. This asset is ideal for Buy-and-Hold Investors seeking turnkey rental income or first-time buyers looking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 715 E Roseburg Avenue Subject | $475,000* List Price | 3 | 2 | 1,296 | $347 | - |
A 1905 La Cienega Dr. Sold | $410,000 | 3 | 1 | 1,118 | $367 | 0.8 mi |
B 1307 Sycamore Avenue Sold | $475,000 | 3 | 2 | 1,446 | $328 | 0.8 mi |
C 1609 Augusta Court Sold | $465,000 | 4 | 2 | 1,620 | $287 | 1.0 mi |
D 1002 Blair Avenue Sold | $409,000 | 3 | 2 | 1,042 | $393 | 0.5 mi |
E 161 Ribier Avenue Sold | $428,700 | 3 | 2 | 1,266 | $339 | 0.9 mi |
F 507 Coronado Way Sold | $474,900 | 3 | 2 | 1,592 | $298 | 0.9 mi |
G 920 Hackberry Pending | $470,000 List Price | 3 | 1 | 1,260 | $373 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1948, the property is well-maintained and move-in ready. The kitchen and bathrooms were updated approximately 6-10 years ago with granite countertops, stainless steel appliances, and modern tiling, which fits the 5-15 year renovation window for a 'Good' rating. The inclusion of dual-pane windows and a whole-house fan further supports its functional condition.
The property features a separate 1-bedroom, 1-bathroom back unit currently generating $600/month, offering an ideal house-hacking opportunity to offset mortgage costs.
The front residence is move-in ready with an updated kitchen featuring granite countertops and stainless steel appliances, complemented by a fully renovated bathroom and original wood flooring.
Situated on a serene dead-end street, the home provides a peaceful living environment with minimal through-traffic and enhanced privacy.
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.
The listing mentions a whole-house fan and ceiling fans but lacks central air conditioning, which may be a significant drawback during Modesto's high-temperature summer months.
Built in 1948, the home's older structural and utility systems may require more frequent maintenance or future upgrades compared to modern constructions.
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 generating separate back rental unit . 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 with a handy shed and charming Koi pondideal 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 readydon'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 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,296 | - |
| Lot Size | 6,229 | - |
| Price | $475.0K | $458.5K |
| Price per sq ft | $367 | $300 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 48 |
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