NOT LISTED FOR SALE

120 School Ave Modesto, CA 95351

2 Beds
1 Bath
750 Sq Ft
0.29 Acres

Last Sold February 09, 2024

Last sale price $350,000 $467 Per Sq Ft

133 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Security Fence

About This Home

As of February 2024

Welcome 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

Jacob Friedrich

Cosol Commercial Real Estate License #02017662 Listed on: 08/30/2023

Last Buyer's Agent

Jaime Bedoy

HomeSmart PV & Associates License #01452493

HomeSmart PV & Associates

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

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Other
  • Stories: 1
  • Year Built: 1976
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Linoleum, Varies by Unit

Exterior Features

  • Construction Materials: Metal Siding, Modular
  • Foundation: None
  • Listing Price: 415000.00
  • Lot Features: Sidewalk

Garage/Parking

  • Parking Features: Varies by Unit
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Security Fence
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Varies by Unit, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Modesto City

Lot Info

  • Zoning Description: R1
  • Irrigation: None
  • Lot Size Acres: 0.2900
  • Lot Size Sq Ft: 12632.00

Rental Info

  • Total # Leasable: 6

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 6
  • Number of Month to Month Units: 6
  • Number of Units: 6
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 038-029-076
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Stanislaus

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jacob Friedrich

    Seller's Agent in 2024

    Jacob Friedrich

    Cosol Commercial Real Estate

    (209) 521-1591

    16 Total Sales

    Jacob Friedrich
    Section Image
  • Jaime Bedoy

    Buyer's Agent in 2024

    Jaime Bedoy

    HomeSmart PV & Associates

    (209) 622-6053

    53 Total Sales

    Jaime Bedoy
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223083853

MetroList
California Stanislaus County Modesto 95351

120 School Ave, Modesto, CA

Not Listed for Sale

Detached

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