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580 N Lincoln Avenue, Manteca, CA 95336

Commercial property

580 N Lincoln Avenue, Manteca, CA 95336 Sold November 2023 CRMLS
$4,200,000Sold November 2023

Listing Agent: Robert Johnston (DRE #01853816) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Jarrett Sagouspe · MLS #ML81939556 · Source: CRMLS

17,648
Building Sq Ft
30,461 sqft
Lot Size
1978
Year Built
R3
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$4,200,000
Sold November 2023 · listed $4,600,000, on market August 2023 · MLS #ML81939556 · Source: CRMLS
Listing Agent: Robert Johnston · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Jarrett Sagouspe
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