1525 Morgan Rd

612 Sq. Ft.
$1,699 / Sq. Ft.
612
Sq. Ft.
$1,699
per Sq. Ft.

Description

What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income...What a great opportunity to invest in a property that has 5 studios, 2 apartment units, and a tire shop! One unit is a two bedroom one bathroom and the second unit is a one-bed one-bathroom. The adjacent parcel has a tire shop and is included in the sale, currently leased for $2500 a month (APN 086-001-033-000). The studios are each rented for $800/month. The one-bedroom, one-bath is rented for $1,050/month, and the two-bedroom, one-bathroom unit has a monthly rent of $950. Current Gross Annual Income is $102,000. All Units have a separate electricity meter. Tenants pay for electricity, and the landlord pays for water, gas, and trash. Don't miss out!
  1. Listed by Albert Mejia • DRE #01960392 • EXIT Realty Consultants
    P: (209)-531-3243 TheMejiaBrothers2@gmail.com

Property Details for 1525 Morgan Road

Parking Features
Uncovered, Guest Parking Avail
Zoning
Multi Family Dwelling
LISTING UPDATED: 06/12/2025 04:58 PM

Property Details for 1525 Morgan Road

StatusClosed
MLS #224133361
Days on Compass103
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1960
Lot Size0.14 AC / 6,250 SF
CountyStanislaus County

Location

Listing Courtesy of EXIT Realty Consultants, Albert Mejia, DRE #01960392

Sold By EXIT Realty Consultants, Kris Klair, DRE #01424183

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Building Information for 1525 Morgan Road

Stories2Residences7Year Built1960Building Size-Lot Size0.14 AC / 6,250 SF

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Principal and Interest

$5,069

Property Taxes

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Property Information for 1525 Morgan Road

Summary
Location and General Information
  • Area/District: 20106
  • Area Short Display: 20106
  • Cross Street: Hatch Rd
  • City: Modesto
  • County: Stanislaus
  • State: CA
  • Zip Code: 95358
  • Directions to Property: From Freeway 99, head West on Hatch Rd. Turn Left on Morgan Rd. At the Stop, turn Right on Morgan Rd. Units are on your Right side.
Taxes and HOA Information
  • APN: 086-001-033-000
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Stanislaus
  • Elementary School District: Ceres Unified
  • Middle or Junior School District: Ceres Unified
  • Senior High School District: Ceres Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 9
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Assessor Auto-Fill
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.1435
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 6251.0
  • Lot Features: None
Property and Assessments
  • Home Warranty: false
  • Irrigation: None
  • Year Built: 1960
  • Picture Count: 2
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: All Units
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Census Tract: 25.06
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: City, Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 3
  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Horse Property: false
  • Pool: false
  • Senior Community: false
Interior Features
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Wall Unit(s)
  • Flooring: Tile
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 1
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 1
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 5
  • # of Units: 7
  • # Of Units Total: 7
  • Num of Units: 7
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $1,050.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $950.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent: $800.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
  • Unit 3 Type: Studio
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent: $800.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Studio
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Rent Only, See Remarks
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity

Property History for 1525 Morgan Road

DateEvent & SourcePriceAppreciation
Jun 12, 2025

Sold

METROLIST #224133361

$1,075,000
Jun 12, 2025

Sold

METROLIST #224133361

$1,040,000
May 16, 2025

Withdrawn

METROLIST #224133361

$1,075,000
Mar 30, 2025

Pending

METROLIST #224133361

Mar 28, 2025

Price Change

METROLIST #224133361

$1,075,000
Mar 25, 2025

Price Change

METROLIST #224133361

$999,000
Jan 31, 2025

Price Change

METROLIST #224133361

$1,075,000
Dec 16, 2024

Listed (Active)

METROLIST #224133361

$1,150,000
Oct 18, 2022

Sold

METROLIST #222089119

$1,050,000
Oct 18, 2022

Sold

RESFAR #222089119

$1,050,000
Sep 27, 2022

Pending

METROLIST #222089119

Sep 27, 2022

Pending

RESFAR #222089119

Jul 5, 2022

Listed (Active)

METROLIST #222089119

$1,100,000
Jul 5, 2022

Listed (Active)

RESFAR #222089119

$1,100,000
Jan 31, 2006

Sold

RESFAR #50061089

$540,000
Jan 31, 2006

Sold

METROLIST #50061089

$540,000
Jan 9, 2006

Pending

RESFAR #50061089

Jan 9, 2006

Pending

METROLIST #50061089

Jul 18, 2005

Listed (Active)

RESFAR #50061089

$585,000
Jul 18, 2005

Listed (Active)

METROLIST #50061089

$585,000
DateEvent & SourcePrice
06/12/2025

Sold

METROLIST #224133361

$1,075,000
06/12/2025

Sold

METROLIST #224133361

$1,040,000
05/16/2025

Withdrawn

METROLIST #224133361

$1,075,000
03/30/2025

Pending

METROLIST #224133361

03/28/2025

Price Change

METROLIST #224133361

$1,075,000
03/25/2025

Price Change

METROLIST #224133361

$999,000
01/31/2025

Price Change

METROLIST #224133361

$1,075,000
12/16/2024

Listed (Active)

METROLIST #224133361

$1,150,000
10/18/2022

Sold

METROLIST #222089119

$1,050,000
10/18/2022

Sold

RESFAR #222089119

$1,050,000
09/27/2022

Pending

METROLIST #222089119

09/27/2022

Pending

RESFAR #222089119

07/05/2022

Listed (Active)

METROLIST #222089119

$1,100,000
07/05/2022

Listed (Active)

RESFAR #222089119

$1,100,000
01/31/2006

Sold

RESFAR #50061089

$540,000
01/31/2006

Sold

METROLIST #50061089

$540,000
01/09/2006

Pending

RESFAR #50061089

01/09/2006

Pending

METROLIST #50061089

07/18/2005

Listed (Active)

RESFAR #50061089

$585,000
07/18/2005

Listed (Active)

METROLIST #50061089

$585,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1525 Morgan Road

Taxable ValueLand$67,626Additions$898,385Total$966,011
Tax Record2025$11,438 ($953 / month)
Home Facts
Baths2Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtLot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1949CountySTANISLAUSAPN086-001-032-000

Schools near 1525 Morgan Road

This home is within Ceres Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Westport Elementary School
PublicK to 6

Blaker-Kinser Junior High School
Public7 to 8

Central Valley High School
Public9 to 12

Patricia Kay Beaver Elementary
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT Realty Consultants, Albert Mejia, DRE #01960392

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