Seller's Agent in 2026
Jordan Amarant
PMZ Commercial Real Estate
(209) 548-4585
38 Total Sales
1403 Leonard Ave Modesto, CA 95350
Modesto Area
31
Beds
--
Bath
15,115
Sq Ft
1.38
Acre Lot
About This Home
As of June 2026PMZ Commercial Real Estate is pleased to present 1403 Leonard Ave in Modesto, CA. This 21 unit apartment complex offers immediate rental income with strong long term potential through a value add investment strategy. The investment consists of a desirable unit mix consisting of 12 x 1 bedroom /1 bath, 8 x 2 bedroom 1 bath, and 1 x 3 bedroom/2bath all situated on a spacious 1.37 acre lot with ample parking and landscaping. Through renovation and lease up of vacant units along with increasing rents on existing tenants to market rates a proven market pro forma annual income of $262,200 can be achieved. Property is well located in Modesto minutes from HWY 99 and walking distance to Modesto Junior College. Modesto has a strong consistent rental market demand with vacancy rates under 4%. Please contact listing agent for additional information and Offering Memorandum.
Last Agent to Sell the Property
PMZ Commercial Real Estate License #01911219 Listed on: 01/16/2026
Last Buyer's Agent
PMZ Commercial Real Estate License #01911219 Listed on: 01/16/2026
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 Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Interior Spaces
- 15,115 Sq Ft Home
- 1-Story Property
Additional Features
- 1.38 Acre Lot
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 115-030-004-000
Community Details
Overview
- No Home Owners Association
- 10 Buildings
- 21 Units
Building Details
- 17 Leased Units
- 4 Vacant Units
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2026
Closed on
Jun 24, 2026
Sold by
Bought by
Seller's Agent
Jordan Amarant
PMZ Commercial Real Estate
Buyer's Agent
Jordan Amarant
PMZ Commercial Real Estate
List Price
$2,100,000
Sold Price
$2,025,000
Premium/Discount to List
-$75,000
-3.57%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%
Purchase Details
Closed on
Dec 20, 2011
Sold by
Bought by
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,825,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
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 |
|---|---|---|---|---|
| 06/30/2026 06/30/26 | Sold | $2,025,000 | -3.6% | $134 / Sq Ft |
| 03/11/2026 03/11/26 | Pending | -- | -- | -- |
| 01/16/2026 01/16/26 | For Sale | $2,100,000 | -- | $139 / 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 | $27,960 | $2,390,866 | $506,195 | $1,884,671 |
| 2024 | $26,712 | $2,344,364 | $496,270 | $1,848,094 |
| 2023 | $3,937 | $343,800 | $82,455 | $261,345 |
| 2022 | $3,762 | $337,122 | $80,839 | $256,283 |
| 2021 | $3,538 | $330,574 | $79,254 | $251,320 |
| 2020 | $3,610 | $327,533 | $78,442 | $249,091 |
| 2019 | $3,523 | $320,864 | $76,904 | $243,960 |
| 2018 | $3,353 | $314,636 | $75,397 | $239,239 |
| 2017 | $3,272 | $308,529 | $73,919 | $234,610 |
| 2016 | $3,212 | $302,857 | $72,470 | $230,387 |
| 2015 | $3,164 | $298,046 | $71,382 | $226,664 |
| 2014 | $3,115 | $292,270 | $69,984 | $222,286 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Amarant
Map
Source: MetroList
MLS Number: 226005378
APN: 115-30-04
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 1426 Louise Ave
- 1412 Fordham Ave
- 1329 Fordham Ave
- 1122 Trinity Ave
- 1138 Fordham Ave
- 1924 Cecil Ridge Dr
- 1322 Del Rey Ave
- 1221 Como Park Way
- 1018 W Morris Ave
- 1200 Carver Rd
- 905 Yale Ave
- 1305 Oakwood Dr
- 1101 Cornell Ave
- 204 College Ave
- 1416 Tully Rd
- 221 Orange Ave
- 928 Hackberry Ave
- 614 Coldwell Ave
- 815 Wright St
- 928 Enslen Ave
Your Personal Tour Guide
Ask me questions while you tour the home.