2256 W Yosemite Avenue, Manteca, CA 95337, Manteca, 95337 - 6 bed, 3 bath
ACTIVE$1,788,888$2,372/sqft
2256 W Yosemite Avenue, Manteca, CA 95337
6Beds
3Baths
2,372Sqft
92,783Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 92783, living area = 2372.
Top Cons:
Age of Structures: Built in 1952, the existing structures are over 70 years old, likely requiring considerable renovation, modernization, or potential demolition for redevelopment.
Compared to the nearby listings
Price:$1.79M vs avg $595.0K (+$1,193,888)98%
Size:2,372 sqft vs avg 2,060 sqft66%
Price/sqft:$754 vs avg $29399%
More Insights
Built in 1952 (74 years old).
Condition: Built in 1952, the structures on this property are over 70 years old with no indication of significant renovations in the past 50 years. The exterior images show dated and unkempt buildings, consistent with a property requiring substantial repairs and rehabilitation. While currently occupied by tenants, the property analysis explicitly mentions the structures are 'likely requiring considerable renovation, modernization, or potential demolition for redevelopment,' indicating their poor condition and functional obsolescence. The value is primarily in the land's development potential, not the existing structures.
Year Built
1952
Close
-
List price
$1.79M
Original List price
-
Price/Sqft
$754
HOA
$0
Days on market
-
Sold On
-
MLS number
224105422
Home ConditionPoor
Features
View-
About this home
Future Corner lot as Milo Candini scheduled to push through on adjacent lot owned by the city. Amazing large lot in the Airport Corridor and close to the Family Entertainment Zone, Airport, Big League Dreams, Great Wolf Lodge, 120, Hwy 5. Still in a rural area of town.Future Master Plan zoning MDR. 2 rentals on lot, w tenants and so much potential. SSJID easement on the north boarder of the property. Amazing est 2.13 acres secured by the 120, Hwy 5 and the 99.
E
Erin Custer
Listing Agent
Price History
Date
Event
Price
12/28/01
Sold
$270,000
Condition Rating
Poor
Built in 1952, the structures on this property are over 70 years old with no indication of significant renovations in the past 50 years. The exterior images show dated and unkempt buildings, consistent with a property requiring substantial repairs and rehabilitation. While currently occupied by tenants, the property analysis explicitly mentions the structures are 'likely requiring considerable renovation, modernization, or potential demolition for redevelopment,' indicating their poor condition and functional obsolescence. The value is primarily in the land's development potential, not the existing structures.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 92783, living area = 2372.
Development Potential: The property boasts significant development potential as a 'Future Corner lot' with 'Future Master Plan zoning MDR' (Medium Density Residential) on an 'Amazing est 2.13 acres,' indicating future high-density use.
Income-Generating Asset: With '2 rentals on lot, w tenants,' the property provides immediate rental income, offering a steady cash flow for investors.
Strategic Location & Connectivity: Situated in the 'Airport Corridor' with excellent freeway access (120, Hwy 5, 99) and close proximity to major attractions like the Family Entertainment Zone, Airport, Big League Dreams, and Great Wolf Lodge.
Large Acreage: The expansive 'est 2.13 acres' (92,783 sqft) offers substantial land for various uses, supporting both current income generation and future development plans.
Future Growth Area: Positioned in an area slated for significant infrastructure and urban development, highlighted by the adjacent city-owned lot and planned 'Milo Candini' project.
Cons
Age of Structures: Built in 1952, the existing structures are over 70 years old, likely requiring considerable renovation, modernization, or potential demolition for redevelopment.
Easement Restriction: An 'SSJID easement on the north boarder of the property' may limit development or specific uses on a portion of the land.
Tenant Management Complexity: The presence of '2 rentals on lot, w tenants' means a new owner will need to manage existing leases and tenant relationships, which can add complexity, especially if redevelopment is the primary goal.