2256 W Yosemite Avenue, Manteca, CA 95337, Manteca, 95337 - 6 bed, 3 bath

2256 W Yosemite Avenue, Manteca, CA 95337 home-pic-0
ACTIVE$1,788,000$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:
Property Age & Condition: Built in 1952, the existing structures may require substantial renovation or demolition, adding to initial investment costs.

Compared to the nearby listings

Price:$1.79M vs avg $595.0K (+$1,193,000)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 property is over 70 years old with no indication of major renovations. The exterior images show dated structures in weathered condition. The listing description explicitly states that the 'existing structures may require substantial renovation or demolition,' indicating significant defects and a need for extensive repairs. While currently tenant-occupied, the overall condition suggests the homes are likely very uncomfortable or unsafe by modern standards, requiring substantial rehabilitation.
Year Built
1952
Close
-
List price
$1.79M
Original List price
-
Price/Sqft
$754
HOA
$0
Days on market
-
Sold On
-
MLS number
225114984
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 property is over 70 years old with no indication of major renovations. The exterior images show dated structures in weathered condition. The listing description explicitly states that the 'existing structures may require substantial renovation or demolition,' indicating significant defects and a need for extensive repairs. While currently tenant-occupied, the overall condition suggests the homes are likely very uncomfortable or unsafe by modern standards, requiring substantial rehabilitation.
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 & Zoning Upside: The property is designated as a 'Future Corner lot' with 'Future Master Plan zoning MDR,' indicating significant potential for future development and value appreciation.
Exceptional Lot Size: An 'amazing est 2.13 acres' (92,783 sqft) provides ample space for various uses, expansion, or future subdivision.
Prime Strategic Location: Situated in the 'Airport Corridor' and near major attractions like the 'Family Entertainment Zone, Airport, Big League Dreams, Great Wolf Lodge,' offering high visibility and growth potential.
Excellent Transportation Access: Secured by the 120, Hwy 5 and the 99, ensuring superb connectivity for logistics, commuters, and future commercial endeavors.
Immediate Rental Income: Features '2 rentals on lot, w tenants,' providing instant cash flow and offsetting holding costs for an investor.

Cons

Property Age & Condition: Built in 1952, the existing structures may require substantial renovation or demolition, adding to initial investment costs.
Tenant Occupancy: The presence of '2 rentals on lot, w tenants' could complicate immediate redevelopment plans or owner-occupancy, requiring careful management of existing leases.
Easement Limitations: An 'SSJID easement on the north boarder of the property' may impose restrictions on development or use of a portion of the land.
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