Pending

Palisade Avenue

Modesto, CA 95350
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Fantastic 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $749,000

AD Id : 62052137

MLS Id : 224153354

Living Area Size : 3,250 Sq. Ft

Year Built : 1970

County : Stanislaus

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Sewer: Sewer Connected

    Room Information

  • Flooring Information

    Varies by Unit
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Disposal, Free Standing Electric Range Laundry Features: In Common Area
  • Heating & Cooling

    Heating: Central Cooling: Central WaterSource: Public

  • Building Information

    Year Built: 1970 Stories: 2 Construction Materials: Stucco, Frame, Wood Roof: Composition Foundation Details: Slab
  • Exterior Features

    Foundation Details: Slab
    Porch: Varies by Unit
  • Laundry Features

    In Common Area

    Patio And Porch

    Varies by Unit

  • Lot Information

    Lot Description: Shape Irregular, Curbs/Gutters, Landscape Back, Landscape Front Lot Square Feet: 10,454 Main Square Feet: 3,250 Topography: Level

    Property Information

    Property Type: ResidentialIncome Sub Type: Quadruplex Style: Contemporary SQ ft (Living Area): 3,250 Subdivision: Whispering Woods Source Neighborhood: Whispering Woods Construction Materials: Stucco,Frame,Wood Property Age: 56 Cross Street: Powell Source Neighborhood: 20101 Postal Code Plus 4: 1819 Area: Modesto S: 95350 Zoning: Mod-p-d Living Area Source: Not Verified Structure Type: Condominiums

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 224153354 List Price: $749,000 List Price Tot SqFt: $230

  • Tax Information

    Parcel Number: 005-085-057-000

  • Parking Information

    # of Garage Spaces: 4 Parking Total: 8 Garage, See Remarks
    Homeowners Association Information
    Association YN: Yes Included Fees: MaintenanceExterior, MaintenanceGrounds Included Amenities: Pool Calculated Total Monthly Association Fees: $$634.00 Association Fee Frequency: Monthly

  • Elementary School District: Modesto City
    Junior High School District: Modesto City
    Senior High School District: Modesto City
  • Utility Information

    Natural Gas Connected, Electric Electric: 220 Volts
  • Location Information

    Direction: South on Prescott. Right on Chrysler. Left on Powell. Left on Palisade. Home is on the corner on the Right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
708 El Camino Avenue, Modesto, CA, 95350 $449,950 -- -- -- --
Alice Street, Modesto, CA, 95350 $649,000 -- -- 1,983 5,048.60 Sq. Ft
Janna Avenue, Modesto, CA, 95350 $585,000 -- -- 2,110 --
Prescott Road, Modesto, CA, 95350 $745,000 -- -- 3,384 --
Blair Avenue, Modesto, CA, 95350 $525,000 -- -- 1,458 --
2208 Tully Road, Modesto, CA, 95350 $599,000 -- -- 2,012 --
Blair Avenue, Modesto, CA, 95350 $525,000 -- -- 1,458 --
1535 W Rumble Road, Modesto, CA, 95350 $525,000 -- -- 2,096 --
El Vecino Court, Modesto, CA, 95350 $599,999 -- -- 1,948 --
Tully Road, Modesto, CA, 95350 $519,999 -- -- 1,717 --

ByOwner last updated this listing 09/22/2026 @ 21:10

MLS: 224153354 LISTED BY: Ron Benning, LPT Realty, Inc SOURCE: MLS Metrolist

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