Two-Unit Duplex with Private
For Sale
$498,500
615 El Vista Ave, Modesto, CA 95354
Each residence has an attached garage, laundry hookups, and a private outdoor area.
Property Size1,786 SF
Price / SF$279.12
Days on Market30
Property Features for 615 El Vista Ave
General Information
Standard status
Active
Size
1,786 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
washer and dryer hookups
private backyards
Building Details
Year Built
1974
Listing Agency:
Century 21 Select Real Estate
Listed By:
Karen Winters
(209) 529-6111
Source:
Homesofgreatersacramento
Added: Oct 2
Changed: Oct 30
Last Checked: Oct 30 at 3:06PM
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 duplex contains two residences, each with 2 bedrooms, 1 bathroom, and approximately 850 square feet of living space. Together, the units total approximately 1,700 square feet. Both have an attached one-car garage with washer and dryer hookups, plus a private backyard. The property was built in 1974.
The Modesto address is near East La Loma Park, the Dry Creek Trail, schools, shopping, and everyday amenities. Tenants are responsible for all utilities.
The Modesto address is near East La Loma Park, the Dry Creek Trail, schools, shopping, and everyday amenities. Tenants are responsible for all utilities.
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 and washer and dryer hookups for each unit
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.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has an attached garage, laundry hookups, and a private outdoor area.
Where is this duplex located?
The property is located at 615 El Vista Ave 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 and washer and dryer hookups for each unit
