Manteca, CA 95336,580 N Lincoln AVE
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Manteca, CA 95336,580 N Lincoln AVE
Manteca, CA 95336,580 N Lincoln AVE
Manteca, CA 95336,580 N Lincoln AVE
Manteca, CA 95336,580 N Lincoln AVE

$4,200,000

Est. payment /mo

$4,600,000

8.7%
Est.Price: ?

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580 N Lincoln AVE Manteca, CA 95336

0.7 Acres Lot

SOLD DATE : 11/15/2023

Key Details

Sold Price $4,200,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81939556

Sold Date 11/15/23

HOA Y/N No

Year Built 1978

Annual Tax Amount $54,877

Lot Size 0.699 Acres

Property Description

580 N Lincoln Ave is an exceptional 24-unit apartment investment opportunity located in the thriving city of Manteca, CA. Situated on a parcel of land totaling 30,461 square feet, the subject property was originally constructed in 1978 and has a gross building area of approximately 17,648 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom oor plans. 580 N Lincoln Ave offers tenants community amenities including private covered parking, on-site laundry facilities, and a sunny community pool. The investment appeal of this asset is driven by Manteca's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Joaquin County, 580 N Lincoln Ave is an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Location

State CA

County San Joaquin

Area 699 - Not Defined

Zoning R3

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Carport Spaces 21

Roof Type Shingle

Total Parking Spaces 6

Building

Water Public

Schools

School District Manteca Unified

Others

Tax ID 223144440000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Johnston • Marcus & Millichap
Bought with Jarrett Sagouspe

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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