Updated Condo in Mountain
For Sale
$460,000
292 W Lucita Way Mountain, Tracy, CA 95391
Updated 2-bedroom, 2-bathroom condo with desirable location and move-in readiness.
Property Size1,275 SF
Price / SF$360.78
Days on Market439
Property Features for 292 W Lucita Way Mountain
General Information
Standard status
Active
Size
1,275 SF
Property subtype
Condominium
Amenities
Central
Central Air
Ceiling Fan(s)
Dishwasher
Microwave
Range
Refrigerator
Dryer
Washer
Building Details
Building Size
1,275 SF
Year Built
2006
Stories
2
Listing Agency:
Pleasanton / Livermore
Listed By:
Teresa Hartford · License #DRE
(925) 344-9983
Source:
Kw
Added: Jul 30, 2025
Changed: Oct 4
Last Checked: Oct 11 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pleasanton / Livermore
Investment Insights
Based on property information with market context.
This updated condo features 1,275 sq ft of open-concept living space with two bedrooms and two bathrooms. The interior has been upgraded and features fresh paint and newer flooring. The layout includes two private decks and an abundance of natural light. Located in a desirable neighborhood, this end unit condo is within walking distance to parks, a farmers market, top-rated schools, a brand-new library, and scenic greenbelt paths. Shopping, parks, and trails are also located nearby. The property is located in the Mountain House neighborhood at Cambridge.
Key Highlights
- Prime location in a desirable neighborhood, walking distance to parks, farmers market, top‑rated schools, a new library, and greenbelt paths.
- Updated 2‑bedroom, 2‑bathroom end unit condo with 1,275 sq ft of open‑concept living.
- Move‑in ready condition with fresh paint, newer flooring, and interior upgrades.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,672
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,440
$313.4K
Cap Rate 7%
$223,886
$223.9K
Cap Rate 9%
$174,133
$174.1K
Market Conditions
NOI Build-Up for 1,275 SF
Gross rent
$29.7K $23.28/SF
− Vacancy
−$1.2K −$0.93/SF
EGI
$28.5K $22.35/SF
− OpEx
−$12.8K −$10.06/SF
NOI
$15.7K $12.29/SF
Area
San Joaquin County, CA
Vacancy
4.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,440
Cap Rate 7%
$223,886
Cap Rate 9%
$174,133
Alternative Uses
Best Use
Apartment 5plus
$223.9K
$195.9K – $261.2K
NOI $15,672 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$280.0K
$245.0K – $326.7K
NOI $19,599 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Explore this area
Business Placement
Demographics for 95391, CA
24,709
Population
7,005
Households
3.5
Avg Household Size
33
Median Age
51%
College-Educated
92%
High-School Grad
26.9 sq mi
ZIP Area
919
Density / Sq Mi
$171,510
Median Household Income
$71,148
Median Earnings
$3,232
Median Rent
$859,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated 2-bedroom, 2-bathroom condo with desirable location and move-in readiness.
Where is this apartment building located?
The property is located at 292 W Lucita Way Mountain Tracy, CA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Prime location in a desirable neighborhood, walking distance to parks, farmers market, top‑rated schools, a new library, and greenbelt paths.; Updated 2‑bedroom, 2‑bathroom end unit condo with 1,275 sq ft of open‑concept living.; Move‑in ready condition with fresh paint, newer flooring, and interior upgrades.
