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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

    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!

    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#: MC24239118MLS LogoOriginating 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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