720 18th Street Apartments is a 16-unit multifamily investment property in Modesto, California. Built in 1930, the property features three single-story buildings totaling approximately 6,680 square feet on a 0.48-acre parcel. The unit mix includes 12 one-bedroom apartments and four studios, with 100% occupancy. Features include gated access, on-site parking, private yards, and separately metered electricity. Recent improvements include approximately $25,000 in electrical upgrades. Conveniently located in Downtown Modesto, the property offers investors an established income-producing asset in the Central Valley.
Multi-familyProperty Type
1930Year Built
0.48 acresLot Size
$293Price/Sq.Ft.
8 spacesParking
Listed by Jacob Friedrich•DRE #02017662• Cosol Commercial Real Estate
Downtown, located between Highway 99 and the Tuolumne River, is a historic and civic Modesto neighborhood with a classic street grid and a marquee theater skyline. The neighborhood’s character concentrates around 10th Street and J Street, where sidewalk patios, galleries, and late-night bites cluster under neon and streetlights. The State Theatre anchors the arts calendar, while Gallo Center for the Arts and the McHenry Museum add cultural weight. Early-20th-century storefronts and brick facades frame pocket parks and public plazas. Government buildings and small offices keep weekdays busy, and murals and marquees keep evenings animated.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bedrooms
1 bedroom in Unit 1
Bathrooms
1 full bathroom in Unit 1
Laundry & utility
Other laundry features
Flooring
Carpet, laminate, and linoleum; flooring varies by unit
Heating & cooling
Wall furnace
Wall unit cooling
Home design
16-unit apartment property
1 story
Parking
8 off-street parking spaces
Construction
Built in 1930
Utilities
City utilities
Natural gas connected
Public sewer
Public water
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
The Urban General Downtown Zone is intended to create space for more urban activities. New housing is highly desirable because residents help ensure that street life is safe and because residents provide passive nighttime security for day uses. This zone links the Central Downtown Zone to the outer districts and areas of downtown.
Permitted uses
Include but are not limited to:
Religious facility
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Hotel / motel
Office
Public service
Recreation
Apr 27, 2016 • Final
Encroachment
Gas
Aug 3, 2015 • Final
Res plumbing
Gas
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
33 unhealthy days expected this year, 38 days in 30 years
Provided by First Street
Historical weather
Modesto, CA • 95354
Average low and high temperatures (°F)
60
40
65
45
73
49
75
50
84
56
91
60
94
62
95
65
88
64
75
55
64
47
55
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13 hours in
June and 4.5 hours in December, placing it above the
U.S. average for solar exposure.
13 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 720 18th St
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