Property Details
About this Property
First Commercial Real Estate is pleased to present The Palms at Sheridan, a fully renovated 25-unit multifamily community located at 135 N Sheridan Avenue in Manteca, CA. This offering represents a rare opportunity to acquire a turn-key asset in the heart of one of San Joaquin County's most consistently performing rental submarkets. Originally constructed in 1965 and fully renovated in 2021, The Palms at Sheridan features a desirable unit mix of eight (8) one-bedroom units, fifteen (15) two-bedroom units, and two (2) three-bedroom units. Each unit has been thoughtfully updated, and the property boasts significant capital improvements including new plumbing, split HVAC systems, LED Lighting, and a new roof all completed during the renovation. The property is well-maintained and professionally managed, offering residents on-site laundry, ample parking, and a convenient central location with easy access to major thoroughfares including Highway 99, I-5, and CA-120. RUBS is already in place, enhancing operational efficiency and expense recovery. Situated in the growing city of Manteca, The Palms at Sheridan benefits from strong tenant demand, low vacancy, and proximity to key employment centers in Stockton, Modesto, and Tracy, as well as commutability to the Bay Area.
MLS Listing Information
MLS #
ME225071408
MLS Source
MetroList Services, Inc.
Interior Features
Appliances
Oven - Electric
Flooring
Carpet, Vinyl
Cooling
Other
Heating
Other
Exterior Features
Roof
Flat
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Carport, Carport(s) - Awning, Garage: 0 Car(s)
Elementary District
Manteca Unified
High School District
Manteca Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Complex Amenities
Community Security Gate
Zoning
R3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 24 | 25 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 520 | 1 | 1/0 | $1,295 | – | – |
| 2 | 848 | 2 | 1/0 | $1,595 | – | – |
| 3 | 1,055 | 3 | 2/0 | $1,995 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
135 N Sheridan Ave is a Residential Income in Manteca, CA 95336. This 19,796 square foot property sits on a 0.876 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,295,000 and was built in –. This address can also be written as 135 N Sheridan Ave, Manteca, CA 95336.
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This listing information is up-to-date as of July 07, 2025. For the most current information, please contact Colton Toste, (209) 461-6400
