NOT LISTED FOR SALE
4 Beds
2 Baths
1,888 Sq Ft
6,534 Sq Ft Lot

Last Sold May 17, 2018

Last sale price $187,000 $99 Per Sq Ft

36 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • 1-Story Property
  • Wood Flooring

About This Home

As of May 2018

Wonderful High Cash Flow, Low Maintenance Residential Income Property. 1132 & 1134 G St. This single story duplex features an 2BR/1BA units with W/D Hookups, and attached 1-car garages both of which have been enclosed into Bonus Rooms. Property has been substantially improved in recent years. Very well maintained and tastefully updated both inside and out. Great rental property for seasoned, first-time investors, and owner-occupied buyers alike. With rents continuing to increase in the Merced Area, and UC Merced expecting to add up to 7,000 additional students to enrollment by 2020 there is a great opportunity to benefit from the tremendous upside.

Last Agent to Sell the Property

Troy Hinds

David Lyng Real Estate License #01803325 Listed on: 03/21/2018

David Lyng Real Estate

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $20,100

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Utility Expense $1,200
  • Trash Expense $720
  • Operating Expense $1,920
  • Gross Income $20,100

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-3-1.5
  • Subclass: Duplex
  • Style: Traditional
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1888
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 1888
  • Stories: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Merced Union High

Lot Info

  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6382.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6382.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 9.20
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expenses Total: 1920
  • Expenses Utility: 1200
  • Expense Trash: 720
  • Income Annual Gross: 20100.00
  • Income Annual Rental: 20100
  • Income Gross Scheduled: 20100
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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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 Change Sq Ft Price
05/17/2018 05/17/18 Sold $187,000 +1.1% $99 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $185,000 0.0% $98 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $185,000 -- $98 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81697373

MLSListings

APN: 035-032-023