Exceptional opportunity to acquire a recently rebuilt, purpose-designed shared living property offering a variety of income-producing residential care and housing opportunities. Situated on a spacious 1-acre lot within an Opportunity Zone and offering room for future development, this turnkey property features 5 bedrooms and 5 bathrooms, including four private suites, each with its own bathroom, closet, and kitchenette. A fifth bedroom includes a private closet and convenient access to a shared bathroom. Rebuilt from the ground up with new roof, plumbing, electrical, HVAC systems, insulation, windows, fixtures, and finishes throughout, the property was thoughtfully designed to balance privacy, comfort, and operational efficiency. Common amenities include a spacious shared kitchen, living room, pantry, and laundry facilities. Additional features include fully owned solar panels, a fire sprinkler system, individual mini-split HVAC systems with separate thermostatic controls for each room, fully insulated interior walls for enhanced sound reduction, keypad entry, and abundant storage throughout. The flexible layout is ideally suited for assisted living, residential care, senior housing, sober living, recovery housing, transitional housing, group home operations, co -living arrangements, rent-by-the-room housing, short-term rentals, or an extended-stay lodging concept. The expansive 1-acre parcel provides ample parking, outdoor recreation space, gardening opportunities, and significant expansion potential, subject to local regulations. Whether you're an owner-operator, investor, or developer seeking a unique income-producing asset, this property offers exceptional versatility, modern construction, minimal deferred maintenance, and long-term upside.
Active
Price cut: $50K (9/30)
$1,049,000
720 N 2nd St, Patterson, CA 95363
5beds
2,235sqft
Other
Built in 1918
-- sqft lot
$1,022,000 Zestimate®
$469/sqft
$-- HOA
What's special
New roofAmple parkingKeypad entryPrivate closetFully owned solar panelsSpacious shared kitchenGardening opportunities
- 129 days
- 511
- 16
Zillow last checked:
Listing updated:
Listed by:
Troy Ross DRE #01794254 209-617-8452,
Century 21 Select Real Estate
Source: MetroList Services of CA,MLS#: 226067952Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Ductless, Electric, Zoned
Cooling
- Ceiling Fan(s), Ductless, Zoned
Appliances
- Included: Dishwasher, Microwave, Disposal, Plumbed For Ice Maker, Electric Water Heater, Free-Standing Electric Range
- Laundry: Washer/Dryer Hookups
Features
- Flooring: Luxury Vinyl Plank
- Has fireplace: No
Interior area
- Total interior livable area: 2,235 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: RV Storage, Detached, Garage, Garage Door Opener
- Garage spaces: 2
- Covered spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 1 Acres
- Features: Corner Lot
Details
- Parcel number: 047023012000
- Zoning: GC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Materials
- Ceiling Insulation, Cement Siding, Floor Insulation, Wall Insulation, Wood
- Foundation: Raised, Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1918
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer In & Connected, Electric, Solar
Green energy
- Energy generation: Solar
Community & HOA
Location
- Region: Patterson
Financial & listing details
- Price per square foot: $469/sqft
- Tax assessed value: $480,017
- Price range: $1M - $1M
- Date on market: 5/28/2026
- Income includes: Other
Estimated market value
$1,022,000
$971,000 - $1.07M
$1,694/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $1,049,000-4.5%$469/sqft |
Source: MetroList Services of CA #226067952 Report a problem | ||
| 9/3/2026 | Price change | $1,099,000-4.4%$492/sqft |
Source: MetroList Services of CA #226066687 Report a problem | ||
| 8/17/2026 | Listed for sale | $1,149,000-4.2%$514/sqft |
Source: MetroList Services of CA #226066687 Report a problem | ||
| 7/31/2026 | Listing removed | $1,199,000$536/sqft |
Source: MetroList Services of CA #226067952 Report a problem | ||
| 5/28/2026 | Listed for sale | $1,199,000+242.6%$536/sqft |
Source: MetroList Services of CA #226067952 Report a problem | ||
| 8/21/2023 | Sold | $350,000+75%$157/sqft |
Source: Public Record Report a problem | ||
| 5/4/2001 | Sold | $200,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $480,017 +34.5% |
| 2025 | $4,132 +0.3% | $357,000 +2% |
| 2024 | $4,119 +24% | $350,000 +20.8% |
| 2023 | $3,322 +5.5% | $289,648 +2% |
| 2022 | $3,148 +1.5% | $283,970 +2% |
| 2021 | $3,103 +0.6% | $278,403 +1% |
| 2020 | $3,085 +1.6% | $275,549 +2% |
| 2019 | $3,036 +5.2% | $270,147 +2% |
| 2018 | $2,886 +2.2% | $264,851 +2% |
| 2017 | $2,824 +2.9% | $259,659 +2% |
| 2016 | $2,745 +3.9% | $254,568 +1.5% |
| 2015 | $2,641 | $250,745 +2% |
| 2014 | $2,641 | $245,834 +69% |
| 2012 | -- | $145,500 -24.2% |
| 2011 | -- | $192,000 -10.3% |
| 2010 | -- | $214,000 +6.7% |
| 2009 | -- | $200,500 -12.6% |
| 2008 | -- | $229,432 +2% |
| 2007 | -- | $224,934 +2% |
| 2006 | -- | $220,525 +2% |
| 2005 | -- | $216,202 +2% |
| 2004 | $2,245 +2.1% | $211,964 +1.9% |
| 2003 | $2,200 | $208,080 +2% |
| 2002 | -- | $204,000 +234.6% |
| 2001 | $618 +8.7% | $60,963 +2% |
| 2000 | $569 | $59,767 |
Find assessor info on the county website
Monthly payment
Est. payment





