Investor's Dream: High-Yield Tri-Plex Opportunity Unlock the potential of this cash-flowing tri-plex! With three fully rented units generating over $3,500 in monthly income, this property offers a solid return on investment right out of the gate. While the building requires some TLC, the upside is undeniable. Renovations can enhance both property value and rent potential, making it an ideal candidate for a savvy investor ready to add value. Key Highlights: Fully Occupied; Strong Cash Flow; Value-Add Opportunity with future improvements; and a Stable Location: Positioned in a desirable rental market with consistent demand. Seize this chance to grow your portfolio with a high-performing property that rewards both now and in the future. Don't wait opportunities like this don't last!
Sold for $327,000 on 12/20/24
Street View
Listing Provided by:
Renee Ledbetter DRE #01488931 209-678-5747,
Exit Realty Consultants
$327,000
821 Lombardo Ave, Modesto, CA 95351
3beds
1,554sqft
Triplex
Built in 1952
-- sqft lot
$323,400 Zestimate®
$210/sqft
$1,703 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 13, 2025 at 06:22pm
Listing Provided by:
Renee Ledbetter DRE #01488931 209-678-5747,
Exit Realty Consultants
Bought with:
Jose Cibrian, DRE #01976111
Exit Realty Consultants
Source: CRMLS,MLS#: MC24239118
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,554 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,252 sqft
- Features: Street Level
Details
- Parcel number: 038015011000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Modesto
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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