Log In/Sign Up
Your email has been sent.
The 14th Street Apartments 421 14th St 5 Unit Apartment Building $595,000 ($119,000/Unit) Modesto, CA 95354
Investment Highlights
- Excellent opportunity for first time buyer in sought after rental market.
- Studio and one (1) bedroom unit in standalone structure for added privacy.
- Ample street parking and private driveway for two of the units.
- Main structure with 3 units re-built in 2012.
- Significantly below market rents.
Executive Summary
The 14th Street Apartments are a 5-unit investment opportunity ideal for first-time buyers. The main structure features three units rebuilt from the ground up in 2012, and two separate structures offer a studio and one-bedroom unit for added privacy. All units have had significant interior upgrades. With below-market rents, ample street parking, and private driveways for two units, this property offers strong upside in a desirable rental market.
Property Facts
| Price | $595,000 | Building Class | C |
| Price Per Unit | $119,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 2,791 SF |
| No. Units | 5 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1895 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | C-2, Modesto | ||
| Price | $595,000 |
| Price Per Unit | $119,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,791 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1895 |
| Opportunity Zone |
Yes |
| Zoning | C-2, Modesto |
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 106-18-21 | Improvements Assessment | $105,000 |
| Land Assessment | $260,000 | Total Assessment | $365,000 |
Property Taxes
Parcel Number
106-18-21
Land Assessment
$260,000
Improvements Assessment
$105,000
Total Assessment
$365,000
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The 14th Street Apartments | 421 14th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.