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!
Sold for $327,000
Street View
Listing Provided by: Exit Realty Consultants
Bought with: Exit Realty Consultants
Tax assessed value
$327,000
821 Lombardo Ave, Modesto, CA 95351
3beds
1,554sqft
Triplex
Built in 1952
-- sqft lot
$330,100 Zestimate®
$210/sqft
$2,228 Estimated rent
Home value
$330,100
$297,000 - $366,000
$2,228/mo
Zestimate® history
Owner options
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$2,228/mo
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$2,228/mo
Rent Zestimate®
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$2,061/mo
Est. payment
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$2,061/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Renee Ledbetter DRE #01488931 209-678-5747,
Exit Realty Consultants
Bought with:
Jose Cibrian, DRE #01976111
Exit Realty Consultants
Source: CRMLS,MLS#: MC24239118
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,554 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,252 sqft
- Features: Street Level
Details
- Parcel number: 038015011000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Modesto
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Sold | $327,000+9%$210/sqft |
Source:  CRMLS #MC24239118 Report a problem | ||
| 11/30/2024 | Pending sale | $300,000$193/sqft |
Source: MetroList Services of CA #224127722 Report a problem | ||
| 11/20/2024 | Listed for sale | $300,000+140%$193/sqft |
Source: MetroList Services of CA #224127722 Report a problem | ||
| 5/1/2020 | Listing removed | $1,000$1/sqft |
Source: KAAR LEGAL Report a problem | ||
| 4/28/2020 | Listed for rent | $1,000$1/sqft |
Source: KAAR LEGAL Report a problem | ||
| 7/16/2014 | Sold | $125,000+28.9%$80/sqft |
Source: Public Record Report a problem | ||
| 5/3/2013 | Sold | $97,000-61.8%$62/sqft |
Source: Public Record Report a problem | ||
| 7/2/2008 | Sold | $254,150$164/sqft |
Source: Public Record Report a problem | ||
| 9/6/2007 | Sold | $254,150-29.6%$164/sqft |
Source: Public Record Report a problem | ||
| 5/23/2005 | Sold | $361,000+61.9%$232/sqft |
Source: Public Record Report a problem | ||
| 4/2/2004 | Sold | $223,000+160.8%$144/sqft |
Source: Public Record Report a problem | ||
| 5/17/2000 | Sold | $85,500+42.5%$55/sqft |
Source: Public Record Report a problem | ||
| 11/9/1998 | Sold | $60,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,985 +116.7% | $327,000 +122% |
| 2024 | $1,839 +1.4% | $147,278 +2% |
| 2023 | $1,814 +2.3% | $144,391 +2% |
| 2022 | $1,774 +5.7% | $141,561 +2% |
| 2021 | $1,679 -1.7% | $138,786 +1% |
| 2020 | $1,708 +2.1% | $137,364 -36.1% |
| 2019 | $1,673 +4.5% | $215,000 +62.8% |
| 2018 | $1,600 +2.2% | $132,032 +2% |
| 2017 | $1,566 +1.7% | $129,444 +2% |
| 2016 | $1,539 +26% | $126,906 +1.5% |
| 2015 | $1,221 | $125,000 +28.3% |
| 2014 | $1,221 | $97,439 +91.1% |
| 2012 | -- | $51,000 |
| 2011 | -- | $51,000 -15% |
| 2010 | -- | $60,000 -56% |
| 2009 | -- | $136,380 -30.4% |
| 2008 | -- | $196,000 -47.8% |
| 2007 | -- | $375,584 +2% |
| 2006 | -- | $368,220 +61.9% |
| 2005 | -- | $227,460 +125.9% |
| 2004 | $1,172 +0.8% | $100,682 +1.9% |
| 2003 | $1,162 | $98,837 +2% |
| 2002 | -- | $96,899 +57.7% |
| 2001 | $719 +15.9% | $61,440 +20.5% |
| 2000 | $620 | $51,000 |
Find assessor info on the county website
Neighborhood: 95351
Nearby schools
GreatSchools rating
- 3/10Tuolumne Elementary SchoolGrades: K-8Distance: 0.3 mi
- 3/10Peter Johansen High SchoolGrades: 9-12Distance: 3.9 mi
- 3/10Evelyn Hanshaw Middle SchoolGrades: 7-8Distance: 1.7 mi
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Estimated market value
$330,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$330,100
- California
- Stanislaus County
- Modesto
- 95351
- 821 Lombardo Ave
Nearby cities
Nearby zip codes
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