1815 Azure Court, Manteca, CA 95336, Manteca, 95336 - 7 bed, 7 bath

1815 Azure Court, Manteca, CA 95336 home-pic-0
ACTIVE$1,249,900$5,445/sqft
1815 Azure Court, Manteca, CA 95336
7Beds
7Baths
5,445Sqft
13,599Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential: This triplex is explicitly marketed as an 'exceptional investment opportunity' with 'massive income potential' and 'strong upside,' offering versatility to live in one unit and rent the others, or rent all three.
Top Cons:
Property Age: Built in 1982, the property is over 40 years old. While Unit A is updated, the overall infrastructure (e.g., roof, plumbing, electrical systems for all units) may be original or older, potentially requiring future significant capital expenditures.

Compared to the nearby listings

Price:$1.25M vs avg $940.5K (+$309,400)83%
Size:5,445 sqft vs avg sqft83%
Price/sqft:$230 vs avg $067%

More Insights

Built in 1982 (44 years old).
Condition: The property, built in 1982, is well-maintained but shows significant signs of age and dated styles, particularly in Units B and C. While Unit A boasts new vinyl plank flooring, fresh paint, and brand-new kitchen appliances, its kitchen cabinets and tile countertops, along with all bathrooms across the triplex, feature very dated aesthetics. Units B and C have older appliances, dated flooring, and original 1980s-style kitchens and bathrooms, indicating a need for substantial cosmetic updates to meet current standards. The presence of a window AC unit in Unit B, despite central heat/air being mentioned, also suggests potential issues or older systems. Overall, the property is functional and maintained, but requires minor to substantial updates to modernize.
Year Built
1982
Close
-
List price
$1.25M
Original List price
-
Price/Sqft
$230
HOA
$0
Days on market
-
Sold On
-
MLS number
225143013
Home ConditionFair
Features
Patio
View-

About this home

**Discover an exceptional investment opportunity!** This well-maintained tri-plex, tucked away on a peaceful cul-de-sac, offers incredible versatility and income potential. Live in one unit and rent the others, or enjoy the massive income potential from renting all 3. The main home (Unit A) has been beautifully updated with **new vinyl plank flooring, plush carpet, fresh interior paint, and brand-new kitchen appliances**. Offering many custom and special touches, the main home also features 3 bedrooms plus a bar/lounge or bonus room, 3 full baths, a first-floor bedroom and full bath, fireplace, and a 2-car attached garage. **Units B and C** each offer a bedroom suite with full bath, fireplace, individual washer/dryer hookups, central heat/air, and their own garage. Located near shopping, schools, and freeway access, this property combines comfort, convenience, and huge income potential. A rare opportunity to own a turn-key, multi-unit property with strong upsidedon't miss it!

B
Brandon Joaquin
Listing Agent

Price History

Date
Event
Price
08/06/21
Sold
$1,000,000
12/22/09
Sold
$325,000
Condition Rating
Fair

The property, built in 1982, is well-maintained but shows significant signs of age and dated styles, particularly in Units B and C. While Unit A boasts new vinyl plank flooring, fresh paint, and brand-new kitchen appliances, its kitchen cabinets and tile countertops, along with all bathrooms across the triplex, feature very dated aesthetics. Units B and C have older appliances, dated flooring, and original 1980s-style kitchens and bathrooms, indicating a need for substantial cosmetic updates to meet current standards. The presence of a window AC unit in Unit B, despite central heat/air being mentioned, also suggests potential issues or older systems. Overall, the property is functional and maintained, but requires minor to substantial updates to modernize.
Pros & Cons

Pros

Exceptional Income Potential: This triplex is explicitly marketed as an 'exceptional investment opportunity' with 'massive income potential' and 'strong upside,' offering versatility to live in one unit and rent the others, or rent all three.
Turn-Key & Well-Maintained: Described as a 'well-maintained' and 'turn-key' multi-unit property, suggesting minimal immediate capital expenditure for a new owner.
Updated Main Unit (Unit A): The main home (Unit A) has been 'beautifully updated with new vinyl plank flooring, plush carpet, fresh interior paint, and brand-new kitchen appliances,' making it highly attractive and move-in ready.
Desirable Location: The property is 'located near shopping, schools, and freeway access,' enhancing its appeal to potential tenants and residents due to convenience.
Individual Unit Amenities: Units B and C each offer a bedroom suite with full bath, fireplace, individual washer/dryer hookups, central heat/air, and their own garage, providing strong tenant appeal and independence.

Cons

Property Age: Built in 1982, the property is over 40 years old. While Unit A is updated, the overall infrastructure (e.g., roof, plumbing, electrical systems for all units) may be original or older, potentially requiring future significant capital expenditures.
Limited Updates for Units B & C: The description highlights extensive cosmetic updates for Unit A, but only functional amenities are mentioned for Units B and C, implying they may not have received similar modern aesthetic upgrades, potentially impacting their rental value or requiring future renovation.
Increased Management Complexity: As a triplex, the property inherently involves more complex tenant management, maintenance coordination across three units, and potential for higher vacancy risk compared to a single-family residence.
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