1605 El Dorado Ave, Modesto, CA, 95358
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
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Drought
- Earthquake
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Stanislaus County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $101 | $1,212 |
| Property Taxes | $444 | $5,328 |
| Electricity | $398 | $4,786 |
| Total | $2,712 | $32,544 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-25 | Listed for sale | $500,000 |
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