531 Locust Avenue, Manteca, CA 95337, Manteca, 95337 - 3 bed, 1 bath
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Manteca, CA 95337
This Value-Add Residential Asset is listed at $498,000, reflecting a strategic premium over the $476,468 Fair Market Value due to its exceptional land utility. The property’s standout feature is the massive 13,952 sqft lot—over four times the living area—offering significant ADU development potential and rare expansion opportunities. Holding a Condition Rating of 4, the home includes paid-in-full solar, a private patio, and a spacious living area, though the 1955 infrastructure requires modernization. This is a high-potential acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through expansion and site optimization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 531 Locust Avenue Subject | $478,000* List Price | 3 | 1 | 1,420 | $348 | - |
A 883 El Dorado Street Sold | $415,000 | 3 | 2 | 1,232 | $337 | 0.1 mi |
B 515 Locust Avenue Pending | $559,000 List Price | 3 | 2 | 1,473 | $379 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this home is well-maintained but dated. While it features significant upgrades like paid-in-full solar and newer windows, the interior finishes—including the bathroom tile, wood slab doors, and carpet—reflect a renovation age of over 20 years. It is functional and move-in ready but requires cosmetic updates and likely system reviews due to its nearly 70-year age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13952, living area = 1420.
The property features a fully paid-off solar system, providing the new owner with significant long-term savings on utility costs.
Situated on an expansive 13,952 sqft lot, the property offers rare space for the addition of an Accessory Dwelling Unit (ADU) or significant backyard expansion.
With three bedrooms but only one bathroom, the home's layout may be less convenient for larger families or guests compared to modern standards.
Built in 1955, the property may require updates to its original systems and finishes to meet contemporary aesthetic and efficiency expectations.
A great sized lot in town!! This home has 3 bedrooms and 1 bathroom with a very inviting large living area, great for entertaining. Paid in full SOLAR. The backyard has a ton of fruit trees and so much potential - a possible ADU - the opportunities are endless. Come admire all 531 Locust has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 32% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 1,420 | 2,347 | 12% |
| Lot Size | 13,952 | 6,399 | 96% |
| Price | $478.0K | $650.0K | 9% |
| Price per sq ft | $337 | $282 | 73% |
| Built year | 1955 | 1994 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 205 | 1% |
May 15, 2026
$478,000
$498,000
-4% Price Drop
Initial Listing
Apr 23, 2026
$498,000
Initial Listing
Feb 27, 2015
$180,000
Public Record
Sep 12, 2013
$180,500
Public Record