430 S. Washington Street | Modesto, CA 95351

16 Unit Multi Family Complex – Court Ordered – 430 S. Washington Street | Modesto, CA 95351

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 northeast corner of S. Washington Street and 2nd Street, Modesto, Stanislaus County, California. Located 3 blocks from Hwy 99 & 5th Street exit ramp. The property is located west of Downtown Modesto but within the Downtown market area.

Downtown Modesto is the principal administrative area and historic townsite of Modesto, California. Measuring a square mile, it is bordered by Needham and Downey Streets to the north, Washington Street to the west, Sierra Drive and Morton Boulevard to the south, and Morton Boulevard and Burney Street to the east. The area has an approximate population of 3,138, and is bisected by California State Routes 99, 108, and 132.

Downtown Modesto has seen much in the way of revitalization over the years, transforming itself into a vibrant destination for shopping, dining, entertainment and culture. A mix of historic buildings and new establishments overlook the pedestrian- friendly streets of this charming historic downtown district.

Strong Unit Mix
The Washington Street Apartments feature 16 apartments in five, separate, one story buildings with a uniform architectural style. The buildings comprises, (1) Studio and (15) 1-Bedroom & 1-Bathroom and total 6,825 square feet. Each building is freestanding and set around a central landscaped courtyard in a garden style environment.

Amenities
The subject property consists of five, one-story buildings, totaling 6,825 square feet according to Fidelity Title Company records. The property consists of a single APN: 104-026-017-000 on an irregular shaped site, with a site area of 22,651 square feet. The property comprises:

16-units, which are located in five separate, freestanding buildings
Buildings were built in 1938
Each of the buildings are wood frame construction, with flat, composition roofs and stucco exteriors
Unit amenities include Kitchen, Oven, Range,Refrigerator, Tub/Shower
The property has a metal chain link security fence on the perimeter and landscaped front yards and a landscaped central interior courtyard.

UD action in process for these tenants