Two-Unit Duplex with Private
New
For Sale
$498,500
613 El Vista Avenue, Modesto, CA 95354
Each residence offers a garage, laundry hookups, and a separate backyard; tenants pay their own utilities.
Property Size1,786 SF
Price / SF$279.12
Days on Market5
Property Features for 613 El Vista Avenue
General Information
Standard status
Active
Size
1,786 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
R-2
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Tenant in Place
Yes
Amenities
washer and dryer hookups
private backyards
Building Details
Building Size
1,786 SF
Year Built
1974
Buildings
1
Stories
1
Units
2
Listing Agency:
Century 21 Select Real Estate
5296111
Listed By:
Karen Winters
(209) 529-6111
Source:
Davenportsold
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 5:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Select Real Estate
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Investment Insights
Based on property information with market context.
This R-2-zoned duplex in Modesto contains two residences, each with 2 bedrooms, 1 bathroom, and approximately 850 square feet of living area, for approximately 1,700 square feet combined. Built in 1974, both units have an attached one-car garage, washer and dryer hookups, and a private backyard. Tenants are responsible for utilities.
East La Loma Park, the Dry Creek Trail, schools, and shopping are among the nearby amenities. The property is located at 613 El Vista Avenue.
East La Loma Park, the Dry Creek Trail, schools, and shopping are among the nearby amenities. The property is located at 613 El Vista Avenue.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Approximately 850 square feet per unit; approximately 1,700 square feet combined
- Attached one‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,589
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,780
$531.8K
Cap Rate 7%
$379,843
$379.8K
Cap Rate 9%
$295,433
$295.4K
Market Conditions
NOI Build-Up for 1,786 SF
Gross rent
$39.6K $22.20/SF
− Vacancy
−$1.7K −$0.93/SF
EGI
$38.0K $21.27/SF
− OpEx
−$11.4K −$6.38/SF
NOI
$26.6K $14.89/SF
Area
Modesto, CA
Vacancy
4.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,780
Cap Rate 7%
$379,843
Cap Rate 9%
$295,433
Alternative Uses
Best Use
Multifamily LT 5
$379.8K
$332.4K – $443.2K
NOI $26,589 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$339.5K
$297.1K – $396.1K
NOI $23,764 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$600.1K
$525.1K – $700.1K
NOI $42,007 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
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Business Placement
Demographics for 95354, CA
26,765
Population
9,797
Households
2.7
Avg Household Size
36
Median Age
17%
College-Educated
80%
High-School Grad
7.7 sq mi
ZIP Area
3,476
Density / Sq Mi
$65,643
Median Household Income
$42,126
Median Earnings
$1,463
Median Rent
$360,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a garage, laundry hookups, and a separate backyard; tenants pay their own utilities.
Where is this duplex located?
The property is located at 613 El Vista Avenue Modesto, CA.
What is the asking price?
The asking price for this property is $498,500.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Approximately 850 square feet per unit; approximately 1,700 square feet combined; Attached one‑car garage for each residence
