618 J ST, Modesto, CA 95354
618 J ST, Modesto, CA 95354
618 J ST, Modesto, CA 95354
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Adrian Castillo

Adrian Castillo

+1(209) 380-7597
$1,450,000
Est. payment /mo
2,910 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,910 sqft

Price per Sqft $498

MLS Listing ID 226026227

HOA Y/N No

Year Built 1939

Lot Size 10,502 Sqft

Acres 0.2411

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

RARE OPPORTUNITY! Take advantage of this 9-unit income producing property located in the OPPORTUNITY ZONE. Situated in the downtown area of Modesto, this up-and-coming property is perfectly located for locals and commuters alike with easy access to Hwy 99, the downtown bus station, and the upcoming ACE Train station. A new, beautiful housing and business complex is being built across the street bringing improvements to the whole neighborhood. Downtown features many amenities such as the Gallo Center of the Arts, a variety of cultural venues, entertainment, and local restaurants which are all within walking distance or a short drive from the property. The property boasts 7 studio units and 2 1bed/1bath units spread among 3 separate buildings. All nine units have recently been remodeled (between 2018-2025). Property is professionally managed. Most units have long term tenants on month-to-month leases offering the new owner revenue growth opportunity. This property rents well and rarely has any vacancies. Along with rent, tenants pay a monthly flat rate for utilities. DO NOT DISTURB tenants.

Location

State CA

County Stanislaus

Area 20108

Direction Take CA-99 S Take exit 226A toward Central Modesto Merge onto 5th St Turn left onto I St Turn left onto 7th St Turn left onto J St Property is on the left, on the corner of 7th and J St.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 350 Bedrooms: 1 Full Baths: 1 Total Rooms: 2 Occupancy: Tenant Rent: 995 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 350 Bedrooms: 1 Full Baths: 1 Total Rooms: 2 Occupancy: Tenant Rent: 1050 SqFt Source: Not Measured Unit-3 Type: Studio Approx SqFt: 350 Full Baths: 1 Total Rooms: 1 Occupancy: Tenant Rent: 950 SqFt Source: Not Measured Unit-4 Type: Studio Approx SqFt: 315 Full Baths: 1 Total Rooms: 1 Occupancy: Tenant Rent: 975 SqFt Source: Not Measured

Interior

Heating Electric, Gas, Heat Pump, Wall Furnace, Varies by Unit

Cooling Wall Unit(s), Ductless, Window Unit(s), Varies by Unit

Flooring Laminate, Luxury Vinyl Plank, Varies by Unit

Equipment Low-Flow Toilet(s), Dual Flush Toilet, Varies by Unit, Low-Flow Shower(s)

Window Features Dual Pane Partial,Varies by Unit,Low E Glass Partial

Appliance Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Disposal, Tankless Water Heater, Varies By Unit, Free Standing Electric Oven, Free Standing Electric Range

Laundry Other

Exterior

Parking Features Street, Varies by Unit

Utilities Available Cable Available, Sewer Connected, City, Electric, Internet Available, Natural Gas Connected

Water Access Desc Meter on Site,Public

Roof Type Shingle

Building

Lot Description Shape Regular

Story 1

Foundation Raised

Sewer Public Sewer

Water Meter on Site, Public

Schools

Elementary Schools Modesto City

Middle Schools Modesto City

High Schools Modesto City

School District Stanislaus

Others

Senior Community No

Tax ID 104-016-001

Special Listing Condition None

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Listed by Janel Hill Realty

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Adrian Castillo

Adrian Castillo

+1(209) 380-7597

Agent | CA DRE#01308935

Agent CA DRE#01308935

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618 J ST