SOLD 11/15/2023
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Commercial sold for $4,200,000 in 85 days
580 N Lincoln Ave Manteca, CA, 95336
Off the market Other
580 N Lincoln Ave is an exceptional 24-unit apartment investment opportunity located in the thriving city of Manteca, CA. Situated on a parcel of land totaling 30,461 square feet, the subject property was originally constructed in 1978 and has a gross building area of approximately 17,648 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom oor plans. 580 N Lincoln Ave offers tenants community amenities including private covered parking, on-site laundry facilities, and a sunny community pool. The investment appeal of this asset is driven by Manteca's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Joaquin County, 580 N Lincoln Ave is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
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Property details
17,648 sqft interior area
Land area
30,461 sqft (0.70 acres)
Address
580 N Lincoln Ave, Manteca, CA, 95336
City of California
Manteca
County
San Joaquin
Year Built
1978
District
Listing
Nearby major retailers
Costco
Walmart Supercenter
Safeway
Wholesale: 1
Supermarket: 2
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Listed by
Robert Johnston, Marcus & Millichap
Name
Robert Johnston
License number
01853816
Brokerage company
Marcus & Millichap
MLS #
ML81939556
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Calculate your monthly payments
Mortgage
$12,895
Taxes
$0
HOA dues
$0
Mortgage
$840,000 / 20%
2.28%
30 years
Your amount
$12,895 / month
Lot details
TMK #223144440000
Parcel nr.
223144440000
95336 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95336
45%
Families with children
National average: 39%
24%
Non family households
85,318
Population
$86,151
Average Income
Age & gender
Median age 35 years
More info
Commute types
90% commute by car
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Education level
34% have high school education
More info
Number of employees
10% work in education and healthcare
More info
Vehicles available
39% have 3 or more
More info
Vehicles by gender
39% have 3 or more
More info
Housing market insights for
$675.49k
Neighborhood average
sales price*
sales price*
$600k
Neighborhood median
sales price*
sales price*
51
Number
of sales*
of sales*
Housing type
78% are single detacheds
More info
Rooms
39% of the houses have 6 or 7 rooms
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Bedrooms
64% have 2 or 3 bedrooms
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Owners vs Renters
60% are owners
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9.17 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Nov 15, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 15, 2023 | Sold | $4,200,000 | 0 | Public Record |
| Nov 15, 2023 | Price Decrease | $4,200,000 -8.7% | 0 | MLS #ML81939556 |
| Nov 14, 2023 | Pending | $4,600,000 | 0 | MLS #ML81939556 |
| Oct 2, 2023 | Under contract | $4,600,000 | 0 | MLS #ML81939556 |
| Aug 23, 2023 | New Listing | $4,600,000 | 0 | MLS #ML81939556 |
Taxes of 580 N Lincoln Ave, Manteca, CA, 95336
R3 zoning / MLS #ML81939556
Zoning
R3
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Frequently Asked Questions about 580 N Lincoln Ave
What is 580 N Lincoln Ave?
580 N Lincoln Ave is a Commercial/Industrial propertywith 17,648 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
580 N Lincoln Ave, Manteca, CA, 95336.
What comparable properties are nearby?
Comparable nearby commercial properties include 321 E Weber Ave, 2517 E Fremont St, 4125 West Ln, 610 E Pine St, 3440 Mchenry Ave, 2949 Annamarie Ave.
Based on information from the bridgeMLS as of 04-29-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Nov 16, 2023
Verhouse Last checked 1 minute ago
The closest grocery stores are Food 4 Less, 1.02 miles away and Grocery Outlet, 1.17 miles away.
The 95336 zip area has a population of 85,318, and 45% of the families have children. The median age is 35.74 years and 90% commute by car. The most popular housing type is "single detached" and 60% is owner.
