NOT LISTED FOR SALE

120 School Ave Modesto, CA 95351

2 Beds
1 Bath
750 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: February 9, 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

  • 12,632 Sq Ft 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

0.29 Acres

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223083853

MetroList
Your Personal Tour Guide

Ask me questions while you tour the home.