545 El Roya Ave Modesto, CA 95354
Estimated payment $3,206/month
Highlights
- RV or Boat Parking
- Private Yard
- The community has rules related to allowing live work
- Contemporary Architecture
- No HOA
- 3 Car Attached Garage
About This Home
SELLER FINANCING available with minimum 35% down! Looking for a home with space for your business or instant income? Cap rate roughly 7.5%! This unique property is located in a mixed use industrial area and can be used for a variety of ways. Wrecking yard? Repair business? Storage? Manufacturing? Live and work at the same place! Property is situated on a .29 acre lot and consists of 3 units, 2 warehouse/storage units, and an office. Unit 1: 3 bedroom, 1 bathroom with 1080 sqft of living space. Unit 2: 1 bedroom, 1 bathroom with roughly 400 sqft. Unit 3: 1 bedroom, 1 bathroom with roughly 350 sqft. The warehouse is 720 sqft and has an attached office in the rear which can also be turned into an additional studio for extra income. The smaller storage unit is 312 sqft and is used to rent out for storage. Also included is a detached 3 car garage. Currently has 5 paying tenants with total annual gross revenue of $58,440 with $6,910 of operating expenses. Plenty of space to add additional storage units to increase revenue even more. Septic tank pumped 12/21/25. Great for investors that want cash flow or have future business plans in the commercial area as this property can be used in many different ways. Buyers to confirm use. Call today for details!
Property Details
Home Type
- Apartment
Year Built
- Built in 1939
Lot Details
- 0.29 Acre Lot
- Irregular Lot
- Private Yard
Parking
- 3 Car Attached Garage
- Open Parking
- RV or Boat Parking
Home Design
- Contemporary Architecture
- Mixed Use
- Raised Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
- Masonry
- Stucco
Interior Spaces
- 1,830 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Free-Standing Gas Range
- Washer and Dryer Hookup
Flooring
- Linoleum
- Laminate
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Natural Gas Connected
- Water Heater
- Septic System
Listing and Financial Details
- Assessor Parcel Number 036-008-008-000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- The community has rules related to allowing live work
Building Details
- 5 Leased Units
- 5 Units Leased Month-To-Month
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,013 | $339,585 | $106,120 | $233,465 |
| 2024 | $3,936 | $332,928 | $104,040 | $228,888 |
| 2023 | $4,020 | $326,400 | $102,000 | $224,400 |
| 2022 | $3,814 | $320,000 | $100,000 | $220,000 |
| 2021 | $871 | $38,712 | $11,208 | $27,504 |
| 2020 | $853 | $38,316 | $11,094 | $27,222 |
| 2019 | $834 | $37,566 | $10,877 | $26,689 |
| 2018 | $953 | $36,830 | $10,664 | $26,166 |
| 2017 | $929 | $36,108 | $10,455 | $25,653 |
| 2016 | $907 | $35,400 | $10,250 | $25,150 |
| 2015 | $899 | $34,870 | $10,097 | $24,773 |
| 2014 | $889 | $34,188 | $9,900 | $24,288 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2025 12/18/25 | For Sale | $549,900 | +71.8% | $300 / Sq Ft | |
| 08/24/2021 08/24/21 | Sold | $320,000 | -14.2% | $314 / Sq Ft | View Prior Sale |
| 07/01/2021 07/01/21 | For Sale | $372,900 | -- | $366 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $320,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $256,000 | New Conventional |
Source: MetroList
MLS Number: 225152561
APN: 036-08-08
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