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SOLD 11/2/2020

720 S Santa Cruz Avenue, Modesto, CA 95354$350,000

5
beds
--
bath
2674
ft2
· 9800
ft2 lot
$157 / ft2

Listing provided courtesy of Listing Broker: Jose Alex Hernandez, Coldwell Banker-The Real Estat
Source CRMLS;
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If you are looking for a great Investment, This is it !! Buy seven for the price of one!! Seven unit property located in the growing city of Modesto, Main front house features 2 bed 1 bath ,with its own private yard and additional six one bedroom units in the back.

HOA

No HOA

On market

a month

Year built

1946

Property type

Home

Parking

7

MLS

ML81806013

Price / Sq.Ft.

$157 / ft2

Status

Closed

Buyer’s Brokerage Commission

2.5%

Home details for 720 S Santa Cruz Avenue

Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 2674.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
•   
Carport Spaces: 0.00
Building Info
•   
Zoning: Multi Family Dwelling
•   
Roof: Composition
•   
Stories Total: 1
•   
Year Built Source: Assessor
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.2250
•   
Lot Size Area: 9800.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 6
Utilities & Other Information
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Utilities
•   
Utilities: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Annual Amount: 2539.00
•   
Other Expense: 0.00
•   
Maintenance Expense: 2500.00
•   
Cap Rate: 8.35
•   
Trash Expense: 1500.00
•   
Insurance Expense: 2000.00
•   
Total Expenses: 12039.00
•   
Gross Scheduled Income: 48000.00
•   
Other Income1: 0.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 600.00
Unit 2 Information
•   
Unit 2 Actual Rent: 850.00
•   
Unit 2 Bedrooms: 1
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Actual Rent: 600.00
Unit 4 Information
•   
Unit 4 Actual Rent: 600.00
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 4
Other
Calculation
•   
Dom: 109

Property History for 720 S Santa Cruz Avenue

06/11/2022
06/11/2022
CRMLS #ML81806013
sold
CRMLS #ML81806013
$350,000
--16.47%
11/02/2020
11/02/2020
MetroList #20047640
sold
MetroList #20047640
$419,000
09/23/2020
09/23/2020
CRMLS #ML81806013
pending
CRMLS #ML81806013
$419,000
08/13/2020
08/13/2020
CRMLS #ML81806013
active
CRMLS #ML81806013
$419,000

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