720 N 2nd Street
Patterson, CA, 95363
$
1,199,000
Baths0.0
Sq
2,235
Monthly Estimate*
$
7,382
Studio for $1,199,000. This 2,235 square foot home was built in 1918 on a lot size of 0.9955.
Exceptional opportunity to acquire a recently rebuilt, purpose-designed shared living property offering a variety of income-producing residential care and housing opportunities. Situated on a spacious 1-acre lot within an Opportunity Zone and offering room for future development, this turnkey property features 5 bedrooms and 5 bathrooms, including four private suites, each with its own bathroom, closet, and kitchenette. A fifth bedroom includes a private closet and convenient access to a shared bathroom. Rebuilt from the ground up with new roof, plumbing, electrical, HVAC systems, insulation, windows, fixtures, and finishes throughout, the property was thoughtfully designed to balance privacy, comfort, and operational efficiency. Common amenities include a spacious shared kitchen, living room, pantry, and laundry facilities. Additional features include fully owned solar panels, a fire sprinkler system, individual mini-split HVAC systems with separate thermostatic controls for each room, fully insulated interior walls for enhanced sound reduction, keypad entry, and abundant storage throughout. The flexible layout is ideally suited for assisted living, residential care, senior housing, sober living, recovery housing, transitional housing, group home operations, co -living arrangements, rent-by-the-room housing, short-term rentals, or an extended-stay lodging concept. The expansive 1-acre parcel provides ample parking, outdoor recreation space, gardening opportunities, and significant expansion potential, subject to local regulations. Whether you're an owner-operator, investor, or developer seeking a unique income-producing asset, this property offers exceptional versatility, modern construction, minimal deferred maintenance, and long-term upside.
See more
Features
General
Sewer
Public Sewer
Heating
Ductless
Electric
MultiZone
Cooling
Ceiling Fan(s)
Ductless
MultiZone
Utilities
Sewer In & Connected
Electric
Solar
Roof
Shingle
Appliances
Dishwasher
Microwave
Disposal
Plumbed For Ice Maker
Electric Water Heater
Free Standing Electric Range
Unit 4 Rent
0
Unit 2 Rent
0
Unit 3 Rent
0
Unit 1 Rent
0
HOA Fee
0
Garage Spaces
2.0
Patio/Porch Features
Other
Construction Materials
Ceiling Insulation
Cement Siding
Floor Insulation
Wall Insulation
Wood
Year Built
1918
Electric
220 Volts
Stories Count
1
Levels
One
Property Subtype
Other
Elevation
0
County
Stanislaus
Property Type
Residential Income
HOA
N
Energy Efficient
Cooling
Water Heater
Heating
Total Rooms
0
Close Price
0.0
Status
Active
Directions
From Highway 33
go West onto Northmead Way
Opportunity is on the right.
City
Patterson
High School District
Patterson Joint
Zoning Description
GC
Open Parking Spaces
0.0
Number Of Units Total
5
MLS Area
20308
Lot Size Square Feet
43364.0
Carport Spaces
0.0
Property Condition
Updated/Remodeled
Standard Status
Active
Middle/Junior School District
Patterson Joint
Elementary School District
Patterson Joint
Year Built Source
Assessor Auto-Fill
See more
Interior
Basement
None
Flooring
Luxury Vinyl Plank
Total Stories
1
Furnished Units
None
Unit 1 Full Baths
1
Unit 2 Full Baths
1
Unit 3 Full Baths
1
Unit1Bedrooms
1
Unit3Bedrooms
1
Laundry Features
Washer/Dryer Hookups
Unit 1 Bedroom Units Total
5
Unit 2 Bedroom Units Total
0
Unit 3 Bedroom Units Total
0
See more
Exterior
Parking Features
RV Storage
Detached
Garage
Garage Door Opener
Lot Features
Corner
Water Source
Public
Total Parking
5.0
Foundation Details
ConcretePerimeter
Raised
Number of Buildings
1
Lot Size Acres
0.9955
Lot Size Source
Assessor Auto-Fill
Covered Spaces
2.0
See more
* Excluded Features
List By
Century 21 Select Real Estate
Broker
troy.ross@c21selectgroup.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $7,382
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Multi-family listings in Patterson, CA
Average List Price
$1,199,000
Percent of Sale Price
0%
About Patterson, CA
21,611
Population
83%
Since 2002
$
53,974
Median Income
31.9
Median Age
47%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193672
Elementary School
3193722
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
5/28/2026
|
$1,199,000
|
-90.01%
|
Price Down
|
|
5/28/2026
|
$11,999,000
|
|
Listed Price
|