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580 N Lincoln AVE Manteca, CA 95336
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Key Details
Sold Price $4,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 17,648 sqft
Price per Sqft $237
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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Bought with Jarrett Sagouspe