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1605 El Dorado Ave, Modesto, CA, 95358

2beds
1baths
1,450sqft
$500,000
$345price/sqft
$3,705/moest. monthly cost
$148,200/yrincome needed

About This Home

Presenting a rare value-add opportunity in the heart of Modesto, this residential property offers savvy investors and builders the chance to unlock significant upside. Comprising multiple units across two adjacent parcels, the site is ideally situated near major commuter routes, including CA-99 and CA-132, ensuring strong connectivity and appeal for future residents. The property features a fenced-in yard and is located within a designated redevelopment and incentive zone, providing potential access to favorable programs for those looking to reposition or enhance the asset. With flexible zoning and ample lot size, the site serves as a blank canvas for creative redevelopment, expansion, or modernization strategies. Whether you're seeking to capitalize on Modesto's growth or searching for a project with substantial repositioning potential, this offering stands out as a compelling canvas for transformation. Take advantage of the area's commuter-friendly location and the inherent value-add possibilities to create a standout residential asset in a dynamic market. Sale includes two parcels, three potential units. Great investment property. Parcels nos. 056-031-006 and 056-031-007.

Getting Around

56
WalkingSomewhat Walkable
34
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

5/10
3/10
4/10
Thomas Downey High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Raised
  • Roof: Composition
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range Hood
  • Laundry features: Hookups Only,Inside,Other,Inside Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Space in Kitchen

Features

  • Flooring: Tile,Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: Ceiling Fan(s),Wall Unit(s),Window Unit(s),Other

Interior Area

  • Total interior livable area: 1,450 sqft

Kitchen

  • Features: Other Counter

Property

Details

  • Parcel number: 056031007000
  • Zoning description: SFR
  • Special condition: Other

Lot

  • Lot size: 0.28 Acres
  • Features: Shape Regular

Parking

  • Parking features: Uncovered Parking Spaces 2+
  • Has uncovered spaces: Yes