439 Cherry Lane F, Manteca, CA 95337, Manteca, 95337 - 2 bed, 1 bath
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439 Cherry Lane F
Manteca, CA 95337
ACTIVE
CONDITION: POOR
2Beds
1Baths
944Sq Ft
35Lot Size
Property Price
LIST PRICE$149,000
EST. MARKET VALUE
$167,169
10% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $159,000—positioned well below the $170,521 Fair Market Value by 6%. This valuation gap offers $11,521 in Instant Equity for the buyer. Featuring a Condition Rating of 5, the unit provides immediate rental income via an established tenant. Its strategic location near major transit corridors and the local golf course ensures long-term demand. This is a Buy-and-Hold Investor asset ideal for income-focused portfolios seeking immediate cash flow.
Estimated Market Value
$167,169+$18,169 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Manteca.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 439 Cherry Lane F Subject | $149,000* List Price | 2 | 1 | 944 | $177 | - |
A 479 Cherry Lane A Sold | $189,000 | 2 | 1 | 944 | $200 | 0.1 mi |
B 468 Cherry Lane D Active | $149,000 List Price | 2 | 1 | 941 | $158 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1985 (39 years old) with no mentioned renovations, the property falls into the >30y category. While described as 'clean' and tenant-occupied, the age of the structure and systems suggests original, outdated kitchen and bath finishes that require rehab to achieve modern market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is currently occupied by an established long-term tenant, providing investors with immediate cash flow and eliminating initial vacancy risks.
- Strategic Commuter Location
Situated near major transit corridors including I-5, Highway 99, and Highway 120, this location is ideal for Bay Area commuters and offers high desirability.
- Investment Upside
With a competitive list price and noted rental upside, the property presents a strong opportunity for both near-term yield increases and long-term capital appreciation.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $750 is substantial relative to the purchase price, which may significantly impact the net operating income for an investor.
- Limited Inspection Access
The 'do not disturb occupant' restriction and tenant-occupied status can complicate the due diligence process and limit a buyer's ability to perform a thorough physical inspection.
About 439 Cherry Lane F
Calling all investors! Opportunity to purchase a clean 2 bedroom, 1 bath condo in the heart of Manteca. Unit is occupied by an established long term tenant, providing immediate rental income. Located across the street the Golf Course, with convenient access to shopping, services, freeway access. Manteca is a well positioned commercial hub in the Central Valley. Located between I-5, Highway 99, and Highway 120, it serves as a bedroom community for Bay Area commuters and a great place to raise a family. Unit offers near term rental upside and long term appreciation potential. Please do not disturb the occupant. 468 Cherry Unit D also available.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 35 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $750 / Month
Neighborhood Insights
Manteca Unified Schools
Stella Brockman Elementary School
Grades K-8 • 0.7 mi
4/10
Golden West Elementary School
Grades K-8 • 1.0 mi
4/10
Manteca High School
Grades 9-12 • 1.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 944 | 1,389 |
| Lot Size | 35 | 1,058,072 |
| Price | $149.0K | $405.0K |
| Price per sq ft | $158 | $292 |
| Built year | 1985 | 1990 |
| HOA | $750 | $245 |
| Days on market | 39 | 69 |
Pricing History
Listed for Sale
Aug 15, 2026
$149,000
$159,000
-6% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$159,000
Initial Listing
Sold
May 6, 2024
$60,000
Public Record
Sold
Nov 26, 2018
$174,500
Public Record
Sold
Sep 14, 2018
$120,000
Public Record
Sold
Nov 18, 2013
$75,000
Public Record
Sold
Oct 14, 2009
$45,000
Public Record
Sold
Feb 20, 2008
$168,000
Public Record