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 residence was built in 1957 (67 years ago) and the listing explicitly states it 'likely requires significant renovation or demolition' or to 'clear the space completely for new development.' The images show a very old, neglected structure, and there are no interior photos, suggesting the interior (including kitchen and bathroom) is in extremely poor or unlivable condition. The property's primary value is the 5.2-acre land for redevelopment, aligning with the 'tear-down' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The 5.2-acre parcel is zoned for medium density, potentially allowing 15+ units per acre (duplexes, triplexes, or townhouses), making it highly attractive for investors.
- Strategic Location
Situated on the border of Manteca and Lathrop with easy access to Hwy 120 and I-5, providing excellent connectivity and appeal for future residents or businesses.
- Existing Industrial Infrastructure
Includes a substantial 3,500 sq. ft. industrial-grade shop with 220V, 3-phase power, offering immediate utility or potential for repurposing.
CONSRISKS & DEFICIENCIES
- Current Septic System
The property currently relies on a septic system, requiring conversion to city sewer for full development potential, which will incur additional costs and effort.
- Age and Condition of Residence
The 1957-built residence likely requires significant renovation or demolition, adding to the initial investment for new development.
- Extensive Buyer Due Diligence Required
Buyers are explicitly advised to verify all development details with the City of Manteca Planning Department, indicating potential complexities or uncertainties in the approval process.
About 259 Swanson Road
CALLING ALL INVESTORS looking to build out this medium density parcel which may allow 15+ units per acre of duplexes, triplexes or townhouses! This prime property is located on the border of Manteca and Lathrop, offering easy access to Hwy 120 and I-5. This expansive 5.2-acre currently features a 3,500 sq. ft. industrial-grade shop equipped with 220V, 3-phase power. The property also includes a residence with potential to renovate into a multi-unit dwelling, or clear the space completely for new development. Currently on septic, but sewer and other utilities are already available at the street, making future upgrades ideal. Low and medium density development is occurring just north of this property. Buyers to verify details of potential development 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 | - | 2,169.5 | 1% |
| Lot Size | 227,819 | 6,534 | 99% |
| Price | $3.50M | $635.0K | 100% |
| Price per sq ft | $0 | $290 | 3% |
| 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