This prime raw land is zoned R3, originally planned for the construction of a detached duplex plus one Accessory Dwelling Unit (ADU). The property boasts an already completed foundation and plumbing for one unit. Estimate for $6000/monthly property income when all 3 unit completed. Situated in a verified California Opportunity Zone, this land offers not only a fantastic investment potential but also tax incentives for development. With overhead power supply already in place, securing a power upgrade for future construction will be streamlined, making this an ideal location for developers looking to maximize their investment. Don’t miss the chance to turn this property into a profitable multi-unit housing project!
Modesto is located in California. Modesto, California has a population of 217,728. Modesto is less family-centric than the surrounding county with 32.59% of the households containing married families with children. The county average for households married with children is 35.12%.
The median household income in Modesto, California is $67,011. The median household income for the surrounding county is $68,368 compared to the national median of $69,021. The median age of people living in Modesto is 34.9 years.
The average high temperature in July is 93.8 degrees, with an average low temperature in January of 38.9 degrees. The average rainfall is approximately 12.9 inches per year, with 0 inches of snow per year.
