$683,334
SOLD JAN 16, 2026
12 Beds
6 Baths
4,356 Sq Ft
0.45 Acres

Recently Sold

$157 Per Sq Ft

32% Below List Price

4 Days on Market

Highlights

  • 0.45 Acre Lot
  • Home Security System
  • Tile Flooring
  • Ductless Heating Or Cooling System
  • Bungalow
  • 3-minute walk to Applegate Park

About This Home

As of January 2026

SIX HOMES ON ONE APN! An incredible opportunity awaits with this unique property featuring SIX separate 2-bedroom, 1-bath homes, each offering its own private front and backyard. Plus, each home has it's own detached one-car garage. Situated on a single APN, the homes at 1021,1025, 1029, 1033 (Currently being renovated) 1037 and 1041 W Santa offer a rare setup that provides flexibility and strong income potential — perfect for a first-time investor or a seasoned professional looking to expand their portfolio. Each home is individually metered, with comfortable living spaces and outdoor areas ideal for your tenants. The property is well-maintained and conveniently located near Applegate Park, the expanded Merced Mall, schools, and commuter routes--making it a desirable rental option in any market. Please note--The Property is only being sold with the 3 homes listed at 1045 W Santa Fe. Don’t miss this chance to own a rare multi-unit property with strong investment possibilities.

Last Agent to Sell the Property

Elizabeth Christensen

Re/max Executive Brokerage Phone: 209-489-9070 License #02161352 Listed on: 10/29/2025

Re/max Executive

Last Buyer's Agent

Elizabeth Christensen

Re/max Executive Brokerage Phone: 209-489-9070 License #02161352 Listed on: 10/29/2025

Re/max Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.45 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 4,356 Sq Ft Home
  • 1-Story Property
  • Gas Range

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 22 / 33
  • Assessor Parcel Number 030063018000
  • $118 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Stoves
  • Professional Management Expense: 6000.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 030063018000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 156.87
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Ductless, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19500.00
  • Lot Size Acres: 0.4477

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 90696.00
  • Gross Scheduled Income: 98400.00
  • Insurance Expense: 2034.00
  • Lot Size Area: 19500.0000 Square Feet
  • Net Operating Income: 90696.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 7704.00
  • Rent Control: No
  • Total Expenses: 8034.00

Tax Info

  • Tax Block: 33
  • Tax Lot: 22
  • TaxOtherAnnualAssessmentAmount: 118.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2026 01/16/26 Sold $683,334 -31.7% $157 / Sq Ft
11/02/2025 11/02/25 Pending -- -- --
10/29/2025 10/29/25 For Sale $1,000,000 -- $230 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,573 $148,450 $20,025 $128,425
2024 $1,573 $145,540 $19,633 $125,907
2023 $1,551 $142,688 $19,249 $123,439
2022 $1,530 $139,891 $18,872 $121,019
2021 $1,526 $137,149 $18,502 $118,647
2020 $1,537 $135,744 $18,313 $117,431
2019 $1,511 $133,083 $17,954 $115,129
2018 $1,377 $130,474 $17,602 $112,872
2017 $1,430 $127,916 $17,257 $110,659
2016 $1,407 $125,409 $16,919 $108,490
2015 $1,385 $123,526 $16,665 $106,861
2014 $1,355 $121,107 $16,339 $104,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC25249037

California Regional Multiple Listing Service (CRMLS)

APN: 030-063-018