Presenting a rare value-add opportunity in Modesto, this residential lot offers savvy investors and builders a blank canvas to unlock significant upside. Situated within a designated redevelopment and incentive zone, the property features a fenced-in yard and a generous 6,000 sq ft lot, providing ample space for creative expansion or a complete transformation. The existing 522 sq ft structure is down to the studs, making it ideal for those seeking a project with substantial potential. Strategically located near major commuter routes CA-99 and CA-132, this site is perfectly positioned for future residents who value accessibility and convenience. The open yard space invites a variety of possibilities, from expanding the current footprint to designing a new single-family home tailored to modern living. The surrounding area is experiencing renewed interest, making this an opportune moment to capitalize on the neighborhood's growth trajectory. For those looking to scale their investment, an adjacent property featuring both a home and an ADU is also available, offering the potential for a larger assemblage or multi-phase redevelopment. Whether you're an investor seeking a high-upside repositioning play or a builder ready to bring new life to a promising site, this Modesto property stands out as a compelling canvas for your next project.
Based on the average sale price from the Lathrop, CA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1601 El Dorado Avenue Modesto, CA is a Single Family Home for sale at $199990 with 522 sqft and a lot size of 0.1377 Acres Acre(s). 1601 El Dorado Avenue Modesto has 0 bedrooms, 0 baths . The property's zip code is 95358 which is in Modesto, CA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.