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https://www.londonproperties.com/property/link/metrolist/226026227/618-J-St/Modesto/https://www.londonproperties.com/images/props/metrolist/full/226026227.jpgLondon Properties Modesto Real Estate | 618 J St
RARE OPPORTUNITY! Take advantage of this 9-unit income producing property located in the OPPORTUNITY ZONE. Situated in the downtown area of Modesto, this up-and-coming property is perfectly located for locals and commuters alike with easy access to Hwy 99, the downtown bus station, and the upcoming ACE Train station. A new, beautiful housing and business complex is being built across the street bringing improvements to the whole neighborhood. Downtown features many amenities such as the Gallo Center of the Arts, a variety of cultural venues, entertainment, and local restaurants which are all within walking distance or a short drive from the property. The property boasts 7 studio units and 2 1bed/1bath units spread among 3 separate buildings. All nine units have recently been remodeled (between 2018-2025). Property is professionally managed. Most units have long term tenants on month-to-month leases offering the new owner revenue growth opportunity. This property rents well and rarely has any vacancies. Along with rent, tenants pay a monthly flat rate for utilities. DO NOT DISTURB tenants.
Property Type
Residential Income
Property Subtype 1
5 or More Units
Subtype Description
Apartments
Property Condition
Updated/Remodeled, Varies by Unit
Year Built
1939
Year Built Source
Assessor Agent-Fill
Stories
1
# of Buildings
3
Total Units
9
# of Floors
1
Other Equipment
Low-Flow Toilet(s), Dual Flush Toilet, Varies by Unit, Low-Flow Shower(s)
Directions to Property
Take CA-99 S Take exit 226A toward Central Modesto Merge onto 5th St Turn left onto I St Turn left onto 7th St Turn left onto J St Property is on the left, on the corner of 7th and J St.
Cross Street
7th Street
County
Stanislaus
Special Listing Conditions
None
Construction Materials
Stucco
Foundation
Raised
Roof
Shingle
Heating
Electric, Gas, Heat Pump, Wall Furnace, Varies by Unit
Cooling
Wall Unit(s), Ductless, Window Unit(s), Varies by Unit
Laundry Features
Other
Window Features
Dual Pane Partial, Varies by Unit, Low E Glass Partial
Flooring
Laminate, Luxury Vinyl Plank, Varies by Unit
Appliances
Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Disposal, Tankless Water Heater, Varies By Unit, Free Standing Electric Oven, Free Standing Electric Range
Total Units
9
# of Studio Units
7
# Studios Occupied
6
# of 1 Bedroom Units
2
# of 1 Bedrooms Occupied
2
Unit 1 Description
Updated & remodeled 2018. Pays flat monthly utility rate of $205 in addition to rent
Unit 1 Type
Apartment
Unit 1 # of Rooms
2
Unit 1 Approx SqFt
350
Unit 1 SqFt Source
Not Measured
Unit 1 Bedrooms
1
Unit 1 Full Baths
1
Unit 1 Rent
995
Unit 1 Rent Source
Owner
Unit 1 Occupancy
Tenant
Unit 1 Lease Term
12 Months
Unit 1 Identification
927 7th St
Unit 2 Description
Updated & remodeled 2024. Pays flat monthly utility rate of $205 in addition to rent.
Unit 2 Type
Apartment
Unit 2 # of Rooms
2
Unit 2 Approx SqFt
350
Unit 2 SqFt Source
Not Measured
Unit 2 Bedrooms
1
Unit 2 Full Baths
1
Unit 2 Rent
1050
Unit 2 Rent Source
Owner
Unit 2 Occupancy
Tenant
Unit 2 Lease Term
Month to Month
Unit 2 Identification
925 7th St
Unit 3 Description
Updated & remodeled 2019. Pays flat monthly utility rate of $150 in addition to rent
Unit 3 Type
Studio
Unit 3 # of Rooms
1
Unit 3 Approx SqFt
350
Unit 3 SqFt Source
Not Measured
Unit 3 Full Baths
1
Unit 3 Rent
950
Unit 3 Rent Source
Owner
Unit 3 Occupancy
Tenant
Unit 3 Lease Term
Month to Month
Unit 3 Identification
925 1/2 7th St
Unit 4 Description
Updated & remodeled 2017. Pays flat monthly utility rate of $150 in addition to rent
Unit 4 Type
Studio
Unit 4 # of Rooms
1
Unit 4 Approx SqFt
315
Unit 4 SqFt Source
Not Measured
Unit 4 Full Baths
1
Unit 4 Rent
975
Unit 4 Rent Source
Owner
Unit 4 Occupancy
Tenant
Unit 4 Lease Term
12 Months
Unit 4 Identification
626 J St
Utilities
Cable Available, Sewer Connected, City, Electric, Internet Available, Natural Gas Connected
The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
