8 Unit Multi Family Complex – Court Ordered – 1415, 1415 ½, 1417, 1423, 1427 Mono Drive, 233 Kerr Ave | Modesto, CA 95354

AUCTION FINAL BID DATE - APRIL 30, 2025 NOON PT
WORLDBID AUCTION
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Investment Highlights

Excellent Location
The subject property is located on the northwest corner of Mono Drive and Kerr Avenue, Modesto, Stanislaus County, California. The property is located in Southeast Modesto, some three blocks south of Yosemite Blvd. (Hwy 132) and approximately 1,000 yards northwest of the Modesto City-County Airport. It is approximately one half miles from Downtown Modesto.

Strong Unit Mix
The Mono Drive Apartments features 8 apartments in six single, one story buildings. The buildings comprises, (10) bedrooms and (6) Bathroom. Each building is like a freestanding single family residence.

Amenities
The subject property consists of six, 1-story buildings, totaling 5,144 square feet according to Realist records. The property consists of a single APN: 035-027-012-000 on an irregular shaped site, with a site area of 30,491 square feet. The property comprises:

  • 8-units, according to the client provided rent roll, located in six separate buildings
  • Each of the buildings are wood construction, with pitched, composition roofs and stucco exteriors
  • The property has wood & chain link fencing on the perimeter and landscaped front yards
  • In appearance, the buildings have a single family residence design

UD action in process for this tenant

  • Joe Lima: $4,500

Investment Overview

  • Property Address: 11415, 1415 ½, 1417, 1423, 1427 Mono Drive, 233 Kerr Ave, Modesto, CA 95354
  • Property Type: Multi-family residential
  • Total Units: 8
  • Number of Bedrooms: 10
  • Number of Bathrooms: 6
  • Number Of Buildings: 6
  • Number Of Stories: 1
  • Parcel ID: 035-027-012-000
  • Building Area: 5,144 SF
  • Total Site Area: 30,491 SF
  • Year Built: 1937, 1940, 1939, 1935, & 1957
  • Zoning: Multi-family/Residential
  • Exterior Construction: Stucco
  • Roof: Pitched roof with composition covering
  • Style: Garden Apartments/SFR

  • BIDS DUE PRIOR TO OR ON APRIL 30, 2025 NOON PT
  • SUGGESTED STARTING BID: $250,000
  • APPRAISED VALUE: $630,000

 Open House Showings

  • March 27th: Open House at 11:00 AM – 2:00 PM
  • April 23rd: Open House at  11:00 AM – 2:00 PM

SUGGESTED STARTING BID:
$250,000