259 Swanson Road, Manteca, CA 95337, Manteca, 95337 - 2 bed, 1 bath
259 Swanson Road
Manteca, CA 95337
Property Price
SUMMARY
Analysis of 259 Swanson Road, Manteca, CA 95337 is currently available with a list price of $3,500,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Manteca Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1957, making it over 50 years old. The listing explicitly markets the parcel for multi-family development, stating the 'existing residence offers value-add potential or a clean slate for new construction,' and the property analysis notes it 'may necessitate significant renovation or demolition.' There are no interior images provided, which strongly indicates the existing structure, including the kitchen and bathrooms, is in unlivable or extremely poor condition. The value of this listing is clearly in the land for redevelopment, not the existing structure.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 227819, living area = 1322.
- Significant Multi-Family Development Potential
The 5.2-acre medium-density parcel offers substantial opportunity for multi-family development, potentially allowing 15+ units per acre for townhomes, duplexes, triplexes, or affordable housing.
- Ready Infrastructure
Sewer and utilities are already available at the street, significantly reducing initial development costs and accelerating project timelines.
CONSRISKS & DEFICIENCIES
- Development Option Verification Required
Buyers are explicitly required to verify all development options and zoning with the City of Manteca Planning Department, introducing a critical due diligence step and potential for unforeseen restrictions.
- Age of Existing Structure
The 1957-built residence is an older property that may necessitate significant renovation or demolition, adding to the overall project costs and complexity.
- Lack of Specific Zoning Details
While described as 'medium-density,' the listing lacks precise zoning classification and specific development standards, which could impact the final project scope and density without further investigation.
About 259 Swanson Road
Developers - Don't Miss This Rare Multi-Family Opportunity! Positioned on the thriving border of Manteca and Lathrop, this 5.2-acre medium-density parcel offers incredible potential for multi-family developmentpossibly allowing 15+ units per acre for townhomes, duplexes, triplexes or smaller, affordable housing. With sewer and utilities already available at the street, and ongoing development nearby, this site is primed for your next project. The existing residence offers value-add potential or a clean slate for new construction. Minutes from Hwy 120 and I-5, this location provides unbeatable accessibility for future tenants or buyers. Opportunities like this don't lastsecure your stake in Manteca's growth corridor. Buyers to verify development options with the City of Manteca Planning Department.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 227,819 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 1,322 | 2,169.5 | 7% |
| Lot Size | 227,819 | 6,534 | 99% |
| Price | $3.50M | $635.0K | 100% |
| Price per sq ft | $2.6K | $290 | 100% |
| Built year | 1957 | 1992 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 520 | 183 | 98% |
Pricing History
Listed for Sale
Oct 3, 2024
$3,500,000
Initial Listing
Sold
Jul 3, 2018
$1,420,000
Public Record
Sold
Dec 15, 2006
$53,500
Public Record