116 W Yosemite Ave Manteca, CA 95336
Downtown Manteca NeighborhoodEstimated payment $10,016/month
About This Home
Positioned at the hard corner of Yosemite Avenue and Main Street, this mixed-use asset sits at one of the most prominent intersections in Downtown Manteca. The property is surrounded by major tenants such as Wells Fargo, Bank of America, Chase, Domino's, AutoZone, and Taco Bellbenefiting from strong foot traffic, excellent visibility, and proximity to Highway 99. Downtown Manteca is undergoing a major revitalization effort, with the City investing in streetscape upgrades, a new transit hub, and business incentives. The area is drawing increased activity through events, public art, and a growing dining scene. With limited supply, rising demand, and quick access to highways and the future ACE commuter rail, this location offers investors a rare opportunity for long-term value. The asset features two ground-floor retail units and 18 residential units above (16 SROs and 2 one-bed/one-bath). The building has strong historical occupancy and provides consistent cash flow. There is additional upside through retail rent increases, converting modified gross leases to NNN, and implementing RUBS to recapture utility expenses. An on-site manager ensures daily oversight, making this an ideal cash-flowing and value-add investment in the heart of the San Joaquin Valley.
Property Details
Home Type
- Multi-Family
Lot Details
- 7,501 Sq Ft Lot
Parking
- 5 Parking Spaces
Home Design
- Mixed Use
Interior Spaces
- 10,508 Sq Ft Home
- 2-Story Property
Listing and Financial Details
- Assessor Parcel Number 219-410-08
Community Details
Overview
- No Home Owners Association
- 20 Units
Building Details
- 20 Leased Units
- 1 Vacant Unit
- 19 Units Leased Month-To-Month
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2025 09/27/25 | For Sale | $1,600,000 | -- | $152 / Sq Ft |
Source: MetroList
MLS Number: 225126611
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