2840 Levon Ave Modesto, CA 95350
Estimated payment $4,621/month
Highlights
- Popular Property
- Contemporary Architecture
- No HOA
- City Lights View
- Private Yard
- 4 Car Attached Garage
About This Home
Well-located residential fourplex offering solid income with strong long-term upside in a stable Modesto rental market. The property features a desirable unit mix of one 3bd/2ba unit and three 2bd/1ba units, totaling over 4,100 sq ft, which is larger than many comparable fourplexes in the area. 3 units have central heating & air and the 4rth has a split air/heat system. Carport parking, and additional open parking enhancing tenant appeal. The exterior has been recently painted, with additional interior improvements completed in select units. Overall condition is good, providing a solid foundation for a value-add investor. Current rents are below market, offering clear upside through future rent adjustments as units turn or annual increases. Conveniently located near shopping, schools, parks, and Highway 99 just off Tully Rd, half a block from Davis High School, and near Standiford Ave. Ideal opportunity for investors seeking a larger-than-average fourplex with a strong unit mix and long-term growth potential. This building and location could also be attractive and an ideal starting point for a future investor by owner-occupancy in one unit while renting the others.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 0.27 Acre Lot
- Lot Dimensions: 62
- Private Yard
Home Design
- Quadruplex
- Contemporary Architecture
- Traditional Architecture
- Brick Exterior Construction
- Raised Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 4,142 Sq Ft Home
- 2-Story Property
- Tile Flooring
- City Lights Views
Kitchen
- Free-Standing Electric Oven
- Built-In Gas Range
- Dishwasher
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Car Attached Garage
- 4 Carport Spaces
- 4 Open Parking Spaces
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Separate Meters
- 220 Volts
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 060-034-059-000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Units Leased Month-To-Month
Map
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 | $3,744 | $320,157 | $49,250 | $270,907 |
| 2024 | $3,576 | $313,881 | $48,285 | $265,596 |
| 2023 | $3,524 | $307,728 | $47,339 | $260,389 |
| 2022 | $3,438 | $301,695 | $46,411 | $255,284 |
| 2021 | $3,234 | $295,780 | $45,501 | $250,279 |
| 2020 | $3,297 | $292,748 | $45,035 | $247,713 |
| 2019 | $3,221 | $287,008 | $44,152 | $242,856 |
| 2018 | $3,066 | $281,382 | $43,287 | $238,095 |
| 2017 | $2,993 | $275,866 | $42,439 | $233,427 |
| 2016 | $2,936 | $270,457 | $41,607 | $228,850 |
| 2015 | $2,896 | $266,396 | $40,983 | $225,413 |
| 2014 | $2,852 | $261,179 | $40,181 | $220,998 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | Price Changed | $829,900 | 0.0% | $200 / Sq Ft | |
| 01/30/2026 01/30/26 | For Sale | $830,000 | +219.2% | $200 / Sq Ft | |
| 11/01/2012 11/01/12 | Sold | $260,000 | -3.7% | $63 / Sq Ft | View Prior Sale |
| 08/15/2012 08/15/12 | Pending | -- | -- | -- | |
| 05/01/2012 05/01/12 | For Sale | $270,000 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $260,000 | Old Republic Title Company | |
| Grant Deed | $195,000 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,000 | Commercial | |
| Previous Owner | $146,250 | Commercial |
Source: MetroList
MLS Number: 226010832
APN: 060-34-59
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