Seller's Agent in 2024
Jacob Friedrich
Cosol Commercial Real Estate
(209) 521-1591
17 Total Sales
120 School Ave Modesto, CA 95351
2
Beds
1
Bath
750
Sq Ft
0.29
Acres
Highlights
- No HOA
- Carpet
- 1-Story Property
- Security Fence
About This Home
As of February 2024Welcome to M&T Mobile Home Park, a rare investment opportunity in the city of Modesto, California. This property offers immense rental upside. Four of the six spaces are occupied by park-owned. Two units are vacant and prepared for market rate occupancy. An additional space is vacant and ready for a trailer to be added to the property. There's a clear path for a new owner to generate a pro forma 8%+ cap rate.
Last Agent to Sell the Property
Cosol Commercial Real Estate License #02017662 Listed on: 08/30/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1976
Lot Details
- 0.29 Acre Lot
- Security Fence
- Zoning described as R1
Parking
- 6 Parking Spaces
Home Design
- House
- Metal Siding
- Modular or Manufactured Materials
Interior Spaces
- 1-Story Property
- Carbon Monoxide Detectors
- Washer and Dryer Hookup
Flooring
- Carpet
- Linoleum
- Laminate
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 038-029-076
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- 2 Vacant Units
- 6 Units Leased Month-To-Month
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $350,000 | -15.7% | $467 / Sq Ft |
| 01/10/2024 01/10/24 | Pending | -- | -- | -- |
| 01/02/2024 01/02/24 | For Sale | $415,000 | +18.6% | $553 / Sq Ft |
| 01/01/2024 01/01/24 | Off Market | $350,000 | -- | -- |
| 11/17/2023 11/17/23 | Price Changed | $415,000 | -12.6% | $553 / Sq Ft |
| 11/17/2023 11/17/23 | For Sale | $475,000 | 0.0% | $633 / Sq Ft |
| 10/26/2023 10/26/23 | Pending | -- | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $475,000 | 0.0% | $633 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $475,000 | -- | $633 / Sq Ft |
Source: MetroList
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,597 | $357,000 | $153,000 | $204,000 |
| 2024 | $3,188 | $241,671 | $203,588 | $38,083 |
| 2023 | $3,131 | $236,934 | $199,597 | $37,337 |
| 2022 | $2,900 | $232,289 | $195,684 | $36,605 |
| 2021 | $2,741 | $227,736 | $191,848 | $35,888 |
| 2020 | $2,776 | $225,402 | $189,881 | $35,521 |
| 2019 | $2,722 | $220,983 | $186,158 | $34,825 |
| 2018 | $2,604 | $216,651 | $182,508 | $34,143 |
| 2017 | $2,536 | $212,404 | $178,930 | $33,474 |
| 2016 | $2,484 | $208,240 | $175,422 | $32,818 |
| 2015 | $2,477 | $205,113 | $172,787 | $32,326 |
| 2014 | $2,436 | $201,096 | $169,403 | $31,693 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Friedrich
-
Jaime Bedoy
Buyer's Agent in 2024
Jaime Bedoy
HomeSmart PV & Associates
(209) 622-6053
50 Total Sales
Map
Source: MetroList
MLS Number: 223083853
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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