821 Lombardo Avenue

Modesto, CA 95351

$300,000
Price
3
Beds
2
Baths
1,554 Sq. Ft.
$193 / Sq. Ft.
1,554
Sq. Ft.
$193
per Sq. Ft.

Description

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...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!
  1. Listed by Kris Klair • DRE #01424183 • Brokerage DRE #01520140 • Exit Realty Consultants • 209-678-5747

Property Details for 821 Lombardo Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1554
LISTING UPDATED: 11/22/2024 05:24 AM

Property Details for 821 Lombardo Avenue

StatusActive
MLS #MC24239118
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1952
Lot Size0.14 AC / 6,252 SF
CountyStanislaus County

Building Information for 821 Lombardo Avenue

Stories1Residences-Year Built1952Building Size-Lot Size0.14 AC / 6,252 SF

Property Information for 821 Lombardo Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 3540
  • Tax Census Tract: 23.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Equipment: N/K
  • Room Type: All Bedrooms Down, Kitchen
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Laundry Location: N/K
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
Exterior Features
  • Entry Location: front
  • Structure Type: Triplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 2+ common walls

Property History for 821 Lombardo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 821 Lombardo Avenue

Taxable ValueLand$23,562Additions$123,716Total$147,278
Tax Record2024$1,839 ($153 / month)
Home Facts
Baths2Total Finished SqFt834 SqFtAbove Grade Finished SqFt834 SqFtStories1Lot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1949CountySTANISLAUSAPN038-015-011-000

Schools near 821 Lombardo Avenue

This home is within Modesto City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Tuolumne Elementary School
PublicK to 8

Evelyn Hanshaw Middle School
Public7 to 8

Peter Johansen High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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821 Lombardo Avenue is a townhouse for sale in Modesto, CA 95351. This property was listed for sale on November 19, 2024 by Exit Realty Consultants, it's currently listed at $300,000. It has been on the market for a total of 0 days and was last sold on July 16, 2014. This listing's school districts are Modesto City Elementary School District, Modesto City High School District. Nearby schools include Tuolumne Elementary School, Evelyn Hanshaw Middle School and Peter Johansen High School. 821 Lombardo Avenue is a 3-bed, 2-bath, 1,554 sqft townhouse built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Realty Consultants, Kris Klair, DRE #01424183

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.