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Robert Cornell

rcornell.realty@gmail.com +1(760) 500-0022

$ 1,950,000

Est. payment | -/mo

6,652 SqFt

Save

$ 1,950,000

Est. payment | -/mo

Save

6,652 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,652 sqft

Price per Sqft $293

MLS Listing ID 226135191

HOA Y/N No

Year Built 1930

Lot Size 0.482 Acres

Acres 0.4821

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

720 18th Street Apartments is a 16-unit multifamily investment property in Modesto, California. Built in 1930, the property features three single-story buildings totaling approximately 6,680 square feet on a 0.48-acre parcel. The unit mix includes 12 one-bedroom apartments and four studios, with 100% occupancy. Features include gated access, on-site parking, private yards, and separately metered electricity. Recent improvements include approximately $25,000 in electrical upgrades. Conveniently located in Downtown Modesto, the property offers investors an established income-producing asset in the Central Valley.

Location

State CA

County Stanislaus

Area 20108

Direction From CA-99, take the Downtown Modesto exit toward 9th Street. Continue toward downtown, turn onto G Street, then turn onto 18th Street. Property is located at 720 18th Street, near G Street.

Rooms

Other Rooms Unit-1 Approx SqFt: 420 Bedrooms: 1 Full Baths: 1 Total Rooms: 1 Rent: 1326 SqFt Source: Not Measured

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Flooring Carpet, Laminate, Linoleum, Varies by Unit

Laundry Other

Exterior

Parking Features Off Street, Other

Utilities Available City, Sewer In & Connected, Electric, Natural Gas Connected

Water Access Desc Public

Total Parking Spaces 8

Building

Lot Description Curbs/Gutters

Story 1

Foundation Other, Raised

Sewer Public Sewer

Water Public

Schools

Elementary Schools Modesto City

Middle Schools Modesto City

High Schools Modesto City

School District Stanislaus

Others

Senior Community No

Tax ID 106-001-011-000

Special Listing Condition None

Listed by Cosol Commercial Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 500-0022

rcornell.realty@gmail.com

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720 18th ST Modesto, CA 95354