
Modesto, CA 95350
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $328,898 Fair Market Value by -6%. While the home carries a Fair Condition Rating (5/10), the 6,608 sqft lot offers significant ADU & Expansion Potential for forced appreciation. The property requires substantial capital investment to modernize, making it a strategic Asset for those targeting long-term equity growth. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in the Modesto market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 914 Annabelle Avenue Subject | $350,000* List Price | 2 | 1 | 1,164 | $283 | - |
A 1628 Honeysuckle Drive Pending | $410,000 List Price | 3 | 1 | 1,164 | $352 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (75 years old) with no significant recent renovations mentioned. The property is marketed as a 'project' and 'investment opportunity' with 'future development possibilities,' which typically indicates underlying needs for major rehab. Interior photos show dated finishes, linoleum flooring, and a window AC unit suggesting the lack of a modern central HVAC system.
The oversized lot provides significant space for an Additional Dwelling Unit (ADU) or a second dwelling, offering excellent value-add potential for investors or multi-generational living.
Priced at $350,000, this property represents a strong entry-level investment opportunity with substantial upside for those looking to renovate and build equity in the Modesto market.
The 6,608 square foot lot is exceptionally large for a two-bedroom home, providing ample room for extensive parking, outdoor living areas, and creative landscaping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6608, other record lot size in square feet = 6534.
Built in 1951 and marketed as a 'project with upside,' the home likely requires substantial capital investment to modernize the interior and address potential age-related maintenance.
The 2-bedroom, 1-bathroom layout may be restrictive for growing families or buyers seeking more modern, multi-bath accommodations without further expansion.
Unlock the potential of this charming 2 bedroom, 1 bathroom home situated on a large lot with plenty of room to dream, expand, and invest. Whether you're looking for your next investment property, a project with upside, or a home with future development possibilities, this property offers an exciting opportunity. The oversized lot provides ample space for parking, outdoor living, expansion, and potentially an additional dwelling unit (ADU) or second dwelling, subject to city/county approvals and applicable zoning requirements.(Buyer to verify) With its desirable combination of a manageable 2 bedroom, 1 bathroom layout and an exceptionally large lot, this property is ready for someone with vision. Investors, developers, and owner occupants alike won't want to miss the opportunity to explore the possibilities this property has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,164 | 1,592.041 |
| Lot Size | 6,608 | 6,846.312 |
| Price | $350.0K | $462.1K |
| Price per sq ft | $301 | $298 |
| Built year | 1951 | 1977 |
| HOA | $0 | $155 |
| Days on market | 14 | 50 |
Aug 26, 2026
$350,000
Initial Listing
Feb 28, 2012
$55,000
Public Record
Oct 19, 2006
$250,000
Public Record