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Three-Unit Triplex Income Property

3632 La Mancha Place Turlock, CA 95382

3632 La Mancha Place, Turlock, CA, 95382
$999,999
For Sale
Claim this Listing
$999,999

Triplex for sale with three units, each featuring a two-car garage and private outdoor space.

Property Size3,623 SF
Price / SF$276.01
AddedMay 14
Days on Market62
Last RefreshJul 13 at 2:20 am

Property Features for 3632 La Mancha Place

General Information

Standard status
Active
Size
3,623 SF
Property subtype
Multi Family

Building Details

Year Built
1991

Listing office Powerhouse Realty

Listing date May 14, 2026

Source Exitrealty

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 Powerhouse Realty


Investment Insights

Based on property information with market context.

This three-unit triplex offers income-producing residential units at 3632, 3634, and 3636 La Mancha Place. The property includes fireplaces, inside laundry rooms, and two-car garages for each unit, along with private yard or patio space. Each unit is configured with multiple bedrooms and en-suite bathrooms, with balconies off the primary bedroom in two units. Recent exterior and interior updates include new exterior paint, new quartz counters, new appliances, new yard fencing, and new gutters and balconies.

The property is located on a cul-de-sac lot, with nearby access to schools, shopping, and CSUS.

Two units (3632 and 3634) are two-story layouts with 2 bedrooms and 2.5 bathrooms, while the third unit (3636) is a one-story layout with 2 bedrooms and 2 bathrooms. The seller notes no HOA, and describes one vacant unit alongside two tenants on month-to-month leases.

Key Highlights

  • 3‑unit triplex built in 1991, offering 6 bedrooms and 6 full baths plus 2 half baths
  • No HOA; units 3632, 3634, and 3636 each include a 2‑car garage and private yard/patio space
  • Unit mix: 3632 and 3634 are 2‑story 2 bed/2.5 bath units with 1,227 SF each; 3636 is a 1‑story 2 bed/2 bath unit with 1,169 SF

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $71.7k $19.80
− Vacancy −$1.7k −$0.47
EGI $70.0k $19.33
− OpEx −$21.0k −$5.80
NOI $49.0k $13.53
3,623 SF · lease $19.80/SF/yr · vacancy 2.38% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$700.3K
$612.8K – $817.0K (±1% cap)
NOI $49,020 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$646.1K
$565.4K – $753.8K (±1% cap)
NOI $45,229 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,876 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Gym & Fitness Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tech Support Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply Garden Center Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex for sale with three units, each featuring a two-car garage and private outdoor space.
Where is this triplex located?
The property is located at 3632 La Mancha Place Turlock, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 3‑unit triplex built in 1991, offering 6 bedrooms and 6 full baths plus 2 half baths; No HOA; units 3632, 3634, and 3636 each include a 2‑car garage and private yard/patio space; Unit mix: 3632 and 3634 are 2‑story 2 bed/2.5 bath units with 1,227 SF each; 3636 is a 1‑story 2 bed/2 bath unit with 1,169 SF
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