Seller's Agent in 2025
Ron Benning
LPT Realty, Inc
(916) 730-3846
89 Total Sales
2216 Palisade Ave Modesto, CA 95350
8
Beds
4
Baths
3,250
Sq Ft
$634/mo
HOA Fee
Highlights
- City View
- Community Pool
- Central Heating and Cooling System
- Contemporary Architecture
- Landscaped
- 4 Car Garage
About This Home
As of March 2025Fantastic 4plex/ (Actually 4 Condo's with 4 Separate APN's) . This could be a very easy Value add since the 4 Individual condo's should be worth considerably more than the fourplex. These units boast a great current gross rental income of $69,060 with a current GRM of 10.84! There is still plenty of upside potential using the Rentometer 50% rent in the area the rent should be closer to $76,992 (Report Attached). At marker rents the GRM would be 9.72. All these units were updated about 4 years ago. Our pictures are for 3 of the 4 units. We will be getting pictures soon of unit #1 soon. Units 2 & # are in fair/Average Condition with normal wear and tear. Unit # 4 is in good condition with minor cosmetic defects. These units are located in the professionally managed HOA (Whispering Woods). All units are 2 bedrooms and 1 bath, central heat and air, shared garage spaces, Onsite Laundry, & courtesy patrol. All Units have access to the community pool. HOA covers landscaping, security, pool, common areas, and wall-out insurance. All must be purchased as a package with a concurrent close. Due to these being 4 individual single family parcels this portfolio may not be subject to Rent Control. Buyer to verify themselves.
Property Details
Home Type
- Condominium
Year Built
- Built in 1970 | Remodeled
Lot Details
- Landscaped
HOA Fees
- $634 Monthly HOA Fees
Parking
- 4 Car Garage
- 4 Open Parking Spaces
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 3,250 Sq Ft Home
- 2-Story Property
- City Views
Kitchen
- Free-Standing Electric Range
- Disposal
Home Security
Utilities
- Central Heating and Cooling System
- Separate Meters
- 220 Volts
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 005-085-057-000
Community Details
Overview
- Association fees include common areas, maintenance exterior, ground maintenance
- 4 Units
- Whispering Woods Association, Phone Number (209) 544-3422
- Whispering Woods Subdivision
- Mandatory home owners association
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 4 Units Leased Month-To-Month
- CPI Adjustment
- Net Lease
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2025 04/01/25 | Off Market | $740,000 | -- | -- | |
| 03/31/2025 03/31/25 | Sold | $740,000 | -1.2% | $228 / Sq Ft | |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- | |
| 12/27/2024 12/27/24 | For Sale | $749,000 | +18.9% | $230 / Sq Ft | |
| 10/29/2020 10/29/20 | Sold | $629,996 | 0.0% | $185 / Sq Ft | View Prior Sale |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- | |
| 09/03/2020 09/03/20 | For Sale | $629,996 | +10.5% | $185 / Sq Ft | |
| 04/03/2019 04/03/19 | Sold | $570,000 | -1.6% | $167 / Sq Ft | View Prior Sale |
| 03/04/2019 03/04/19 | Pending | -- | -- | -- | |
| 02/15/2019 02/15/19 | Price Changed | $579,500 | 0.0% | $170 / Sq Ft | |
| 02/15/2019 02/15/19 | For Sale | $579,500 | -1.8% | $170 / Sq Ft | |
| 01/18/2019 01/18/19 | Pending | -- | -- | -- | |
| 10/31/2018 10/31/18 | Price Changed | $590,000 | -1.7% | $173 / Sq Ft | |
| 09/25/2018 09/25/18 | For Sale | $600,000 | -- | $176 / Sq Ft |
Source: MetroList
Agents Affiliated with this Home
-
Ron Benning
-
Steve Moniz
Buyer's Agent in 2025
Steve Moniz
Premier Properties
(510) 304-6563
33 Total Sales
-
Celenia Prieto
Seller's Agent in 2020
Celenia Prieto
Celenia Prieto, Broker
(209) 505-0678
3 Total Sales
-
Shawn Mileham
Buyer's Agent in 2020
Shawn Mileham
LPT Realty, Inc
(916) 806-5496
40 Total Sales
-
Richard Vande Pol
Seller's Agent in 2019
Richard Vande Pol
Vande Pol Realty
(209) 988-2044
143 Total Sales
Map
Source: MetroList
MLS Number: 224153354
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