Address
1327 Monterey Avenue, Modesto, CA
Price
$ 999,999
Property Attributes
  • MLS#224006366
  • TypeIncome
  • CountySTANISLAUS
  • CityModesto
  • AreaModesto
  • Zip95354
  • StyleA-Frame,Cabin,Contemporary,Cottage,Vintage
  • Price$ 999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.4125 Acres
Data Source:
MetroList MLS
Property Description

Newly renovated duplex under section 8 on property, check pictures for beautifully remodeled units. Amazing opportunity in an opportunity zone! Best deal in town. Near Gallo winery in Modesto, near shopping and freeway access. Three buildings, 2200, 1836, 2034 SQ. FT., two originally built in 1948, and one built 12 years ago on a .41 lot. 9 total units, 2 units 1 bed 1 bath, 4 studios, one duplex 14 yrs old, and one single family residence with enormous potential. Each building has individual electric and gas meter, but common water meter. Studio units share water heater. Downstairs studios have gas range, up-stair units have electrical range. Cared for with on-site gated parking at least nine spaces with RV or boat access possible. Income stream calculated at $117,900 or even higher estimates possible. Congratulations soon you too will enjoy this smart and rare investment!

Price History
1/23/2024 Listed $999,999

General Features

Sewer In & Connected
Heating Central,Fireplace Insert,Floor Furnace,Wall Furnace,Hot Water,Varies by Unit
Cooling Central,Wall Unit(s),Window Unit(s),Varies by Unit
Utilities Electric
Roof Composition
Appliances Free Standing Refrigerator,Microwave,Dishwasher
Unit 1 Rent 501
Garage Spaces 0.0
Architectural Style A-Frame,Cabin,Contemporary,Cottage,Vintage
Construction Materials Stucco,Wood Siding
Year Built 1948
Electric 220 Volts
Stories 1
Topography Level
Levels One,Two
Property SubType 5 or More Units
County Stanislaus
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions East on Yosemite Blvd and make a right on S Santa Cruz Ave and then make left on Monterey Ave.
City Modesto
Buyer Agent Compensation 2
High School District Modesto City
Zoning Description R3
Open Parking Spaces 0.0
Total Units 9
MLS Area 20108
Lot Size Square Feet 17969.0
Carport Spaces 0.0
Street Name Monterey
Ok to Lease Written Agreements
Standard Status Active
Middle/Junior School District Modesto City
Elementary School District Modesto City
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent

Interior Features

Flooring Carpet,Linoleum,Varies by Unit
Total Stories 2
Furnished Units None
Unit 1 Full Baths 1
Unit1Bedrooms 1
Street Suffix Avenue
Laundry Features In Each Unit,Varies by Unit
Unit 1 Bedroom Units Total 2
Unit 2 Bedroom Units Total 2
UnitType4BedroomUnitsTotal 1
UnitTypeStudioUnitsTotal 4

Exterior Features

Parking Features Open,RV Storage,Uncovered
Lot Features Corner
Water Source Public
Total Parking 0.0
Foundation Details Raised
Number of Buildings 3
Lot Size Acres 0.4125
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95354

Price
AVG $1,000K
$1,000K
Visits
AVG 334
266
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1948

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