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123 Almond Ave, Modesto, CA, 95354

3beds
2baths
1,680sqft
$499,988
$298price/sqft
$3,561/moest. monthly cost
$142,440/yrincome needed

About This Home

Rare opportunity to own two homes on one lot in Modesto. This charming Craftsman-inspired farmhouse includes a detached rear cottage, alley access, and excellent income potential. The front home features approximately 1,680 square feet with 3 bedrooms and 2 bathrooms, enhanced by recent upgrades such as new kitchen cabinetry, granite countertops, new luxury vinyl plank flooring, new carpet, fresh interior paint, updated light fixtures, new upstairs windows, updated bathrooms. The detached rear cottage offers approximately 798 square feet with 2 bedrooms, 1 bathroom, a private fenced backyard, and long-term tenants creating immediate rental income with future upside. Whether you are looking for a multi-generational setup, an owner-occupied investment, or a unique income property, this one offers versatility, charm, and value in an established Modesto neighborhood.

Getting Around

86
WalkingVery Walkable
45
TransitSome Transit
60
BikeBikeable

Schools

4/10
4/10
4/10
Thomas Downey High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1916

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Multi Family,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Plumbed,Gas Water Heater,Disposal,Free-Standing Electric Range
  • Laundry features: Laundry Room,Electric Dryer Hookup,Gas Dryer Hookup,Inside

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Formal Area

Features

  • Flooring: Carpet,Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Brick,Insert,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace Insert,Floor Furnace,Natural Gas
  • Cooling features: Ceiling Fan(s),Wall Unit(s),Window Unit(s)

Interior Area

  • Total interior livable area: 1,680 sqft

Kitchen

  • Features: Granite Counters

Property

Details

  • Parcel number: 111005047000
  • Zoning description: Multi Family Dwelling
  • Special condition: Standard

Features

  • Fencing: Wood,Full

Lot

  • Lot size: 7,623 sqft
  • Features: Curb(s)/Gutter(s),Landscape Back,Landscape Front

Parking

  • Parking features: No Garage,Alley Access

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

  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Stanislaus County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$146$1,752
Property Taxes $489$5,868
Electricity $398$4,786
Total$3,561$42,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,091/yr
40% on housing$106,830/yr
45% on housing$94,960/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$298This listing

vs Other Active Listings

Avg $/sqft

ZIP 95354$233
Stanislaus County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 95354$309
Stanislaus County$303

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

DateEventPrice
2026-04-23Listed for sale$585,000
2002-10-31Sold$220,000
2002-01-29Sold$190,000

For Sale by Agent

AgentRichard Rubio
BrokerageHomeSmart PV & Associates

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