380 N Airport Way, Manteca, CA 95337, Manteca, 95337 - 3 bed, 2 bath

380 N Airport Way, Manteca, CA 95337 home-pic-0

380 N Airport Way

Manteca, CA 95337

ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,496Sq Ft
58,412Lot Size

Property Price

LIST PRICE$3,500,000

SUMMARY

Analysis of 380 N Airport Way, 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

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

This listing is for a 'shovel-ready' multi-family development opportunity, not for the existing single-family residence. The property analysis explicitly states 'Existing Structure Demolition' as a weakness, indicating the 1960-built home is intended to be removed. The value is in the land and its redevelopment potential, aligning with the 'tear-down' criteria where the structure is to be demolished.

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 = 58412, living area = 1496.

  • Shovel-Ready & Fully Entitled

    The project is shovel-ready and fully entitled for 24 units, significantly reducing development timelines and mitigating permitting risks for investors.

  • Prime Location in High-Growth Area

    Located in rapidly growing Manteca, offering excellent proximity to major highways, shopping centers, schools, employment corridors, and the Great Wolf Lodge Water Park.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =58412, other record lot size in square feet = 76420.

  • High Capital Requirement

    The $3.5 million list price for the land, combined with substantial construction costs for a 24-unit complex, requires a significant initial investment.

  • Competitive Market Entry

    While demand is strong, the presence of 'newly developed homes and proposed rental communities' suggests a competitive landscape for attracting tenants upon project completion.

About 380 N Airport Way

For Sale: Shovel-Ready 24-Unit Multi-Family Development Opportunity – Prime Manteca Location! Unlock the potential of this shovel-ready, fully entitled 24-unit multi-family development. Situated on approximately 1.34 acres, this three-story project offers a rare opportunity for builders and investors in one of Manteca’s most rapidly growing areas. The approved site plan includes: • 24 residential units • 1 Office unit • 33 standard parking spaces • 8 compact spaces • 1 van-accessible space • 1 accessible space • 2 EV-capable spaces • 2 EV-charging station-ready spaces Surrounded by newly developed homes and proposed rental communities, this site benefits from strong residential demand and expanding city infrastructure. Located just minutes from Great Wolf Lodge Water Park, this development offers an added attraction for potential tenants and short-term rental possibilities. The property also offers excellent proximity to major highways, shopping centers, schools, and employment corridors—making it highly attractive for residents and investors alike. Bring your vision and start building—this is a turn-key opportunity you don’t want to miss!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1960
Lot Size
58,412 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
32%
Baths2.03.0
37%
Square foot1,4962,169.5
15%
Lot Size58,4126,534
98%
Price$3.50M$635.0K
100%
Price per sq ft$2.3K$290
100%
Built year19601992
33%
HOA$0$0
50%
Days on market325183
90%

Pricing History

Listed for Sale

Apr 16, 2025

$3,500,000

Initial Listing

Sold

Jan 25, 2022

$775,000

Public Record

Sold

Mar 10, 2008

$250,000

Public Record

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