Updated Three-Unit
For Sale
$999,999
3661 La Mancha Pl, Turlock, CA 95382
Two-story units offer private outdoor space, individual garages, fireplaces, and recent interior and exterior improvements.
Property Size3,683 SF
Price / SF$271.52
Days on Market90
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Property Features for 3661 La Mancha Pl
General Information
Standard status
Active
Size
3,683 SF
Property subtype
Multi-Family
Units
Unit Mix
3 x 2BR/2.5BA
Multifamily Units
3
Parking per Unit
2
Amenities
fireplaces
inside laundry room
private yard
balcony
private patio
Building Details
Year Built
1991
Buildings
1
Stories
2
Listing Agency:
Powerhouse Realty
Listed By:
Linda David · License #01846061
(209) 968-9238
Source:
Thedelrealgroup
Added: Jul 18
Changed: Oct 8
Last Checked: Oct 7 at 4:07PM
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 includes three two-bedroom residences, each with 2.5 baths, a two-car garage, private yard space, and a balcony adjoining the primary bedroom. Every bedroom has its own bathroom, while each unit also includes a downstairs guest half bath, private patio, fireplace, and interior laundry room. Recent improvements include exterior paint, quartz countertops, appliances, yard fencing, gutters, and balconies.
The property sits on a cul-de-sac lot near schools, shopping, and CSUS. One unit is vacant, while the other two are occupied by long-term tenants on month-to-month leases. The property was built in 1991 and has no HOA.
The property sits on a cul-de-sac lot near schools, shopping, and CSUS. One unit is vacant, while the other two are occupied by long-term tenants on month-to-month leases. The property was built in 1991 and has no HOA.
Key Highlights
- Three‑unit triplex with 6 bedrooms, 6 full baths, and 3 half baths
- Each unit includes 2 bedrooms, 2.5 baths, a 2‑car garage, and private yard space
- Recent improvements include exterior paint, quartz counters, appliances, fencing, gutters, and balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,831
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,620
$996.6K
Cap Rate 7%
$711,871
$711.9K
Cap Rate 9%
$553,678
$553.7K
Market Conditions
NOI Build-Up for 3,683 SF
Gross rent
$72.9K $19.80/SF
− Vacancy
−$1.7K −$0.47/SF
EGI
$71.2K $19.33/SF
− OpEx
−$21.4K −$5.80/SF
NOI
$49.8K $13.53/SF
Area
Stanislaus County, CA
Vacancy
2.38%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,620
Cap Rate 7%
$711,871
Cap Rate 9%
$553,678
Alternative Uses
Best Use
Multifamily LT 5
$711.9K
$622.9K – $830.5K
NOI $49,831 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$656.8K
$574.7K – $766.3K
NOI $45,978 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,828 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Explore this area
Business Placement
Demographics for 95382, CA
38,702
Population
14,167
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
3,551
Density / Sq Mi
$93,592
Median Household Income
$51,258
Median Earnings
$1,790
Median Rent
$483,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Two-story units offer private outdoor space, individual garages, fireplaces, and recent interior and exterior improvements.
Where is this triplex located?
The property is located at 3661 La Mancha Pl 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: Three‑unit triplex with 6 bedrooms, 6 full baths, and 3 half baths; Each unit includes 2 bedrooms, 2.5 baths, a 2‑car garage, and private yard space; Recent improvements include exterior paint, quartz counters, appliances, fencing, gutters, and balconies
