380 N Airport Way, Manteca, CA 95337, Manteca, 95337 - 3 bed, 2 bath
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Manteca, CA 95337
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.
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.
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.
The project is shovel-ready and fully entitled for 24 units, significantly reducing development timelines and mitigating permitting risks for investors.
Located in rapidly growing Manteca, offering excellent proximity to major highways, shopping centers, schools, employment corridors, and the Great Wolf Lodge Water Park.
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.
The $3.5 million list price for the land, combined with substantial construction costs for a 24-unit complex, requires a significant initial investment.
While demand is strong, the presence of 'newly developed homes and proposed rental communities' suggests a competitive landscape for attracting tenants upon project completion.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 31% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,496 | 2,178.5 | 15% |
| Lot Size | 58,412 | 6,534 | 98% |
| Price | $3.50M | $649.5K | 99% |
| Price per sq ft | $2.3K | $284 | 99% |
| Built year | 1960 | 1992 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 371 | 198 | 95% |
Apr 16, 2025
$3,500,000
Initial Listing
Jan 25, 2022
$775,000
Public Record
Mar 10, 2008
$250,000
Public Record