
Lathrop, CA 95330
This Turnkey Residential Care Facility is a High-Potential Investment Opportunity, listed at $498,000—positioned well above the $480,908 Fair Market Value by 3%. While priced slightly above market, the property offers a unique, licensed business model for up to six residents. Featuring a Condition Rating of 3 with modern white shaker cabinets and updated tile flooring, the home is move-in ready. Its proximity to major employers like Tesla and Ghirardelli ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or entrepreneurs seeking a functional, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15102 Ryhiner Ln Subject 3 bd · 2 ba · 1,040 sqft · $462 | $498,000* List Price | 3 | 2 | 1,040 | $462 | - |
A 16419 Bizzibe Street Sold 3 bd · 2 ba · 988 sqft · $430 · 0.9 mi | $425,000 | 3 | 2 | 988 | $430 | 0.9 mi |
B 379 Valverde Court Sold 3 bd · 1 ba · 1,037 sqft · $400 · 0.1 mi | $415,000 | 3 | 1 | 1,037 | $400 | 0.1 mi |
C 15510 Lottie Way Sold 3 bd · 2 ba · 1,316 sqft · $391 · 0.4 mi | $515,000 | 3 | 2 | 1,316 | $391 | 0.4 mi |
D 16439 Carleta Place Sold 3 bd · 2 ba · 1,092 sqft · $426 · 0.9 mi | $465,000 | 3 | 2 | 1,092 | $426 | 0.9 mi |
E 774 Long Barn Dr Active 3 bd · 2 ba · 1,147 sqft · $449 · 0.3 mi | $515,000 List Price | 3 | 2 | 1,147 | $449 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989, the property has undergone significant interior updates including a modernized kitchen with white shaker cabinets and stainless steel appliances, along with updated tile flooring throughout. The home is well-maintained and move-in ready, meeting the standards for a licensed residential care facility.
The property is uniquely licensed for a residential care facility for up to six residents, offering an immediate income-generating opportunity with seller assistance available for operations.
Located near major distribution centers and employers like Tesla, Ghirardelli, and In-N-Out, the home is ideally positioned for high rental demand and commuter convenience.
With recent improvements already completed, the home is in move-in ready condition, saving the buyer time and upfront renovation costs.
At 1,040 square feet, the three-bedroom layout is relatively small, which may feel restrictive for a growing family or a full-capacity residential care business.
The local elementary school has a lower rating of 4, which could be a drawback for families prioritizing high-performing educational districts.
Discover the possibilities with this move-in-ready home, perfect for a growing family or an entrepreneur looking to start or expand a residential care business. With improvements already completed, this property is move-in ready for its next owner to enjoy. For those interested in operating a residential care facility, the home is already licensed to accommodate up to six residents, offering a valuable opportunity to get started. The seller is willing to assist with operating the business. Conveniently located near major employers and distribution centers, including Tesla, In-N-Out, Ghirardelli Chocolate, and Ashley Furniture, this property also provides easy access to nearby restaurants, shopping, and Din Reis County Park. Whether you're looking for a place to call home or an opportunity to pursue your business goals, this property offers versatility, convenience, and exciting potential. Don't miss this opportunity! Schedule your showing today and come see all this home has to offer.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,040 | 2,381.483 |
| Lot Size | 6,000 | 5,787.427 |
| Price | $498.0K | $673.6K |
| Price per sq ft | $479 | $277 |
| Built year | 1989 | 2021 |
| HOA | $0 | $181 |
| Days on market | 7 | 89 |
Oct 17, 2026
$498,000
Initial Listing
Jan 31, 2023
$429,000
Public Record