121 W 25th St Merced, CA 95340
Downtown Merced NeighborhoodEstimated payment $2,507/month
About This Home
Excellent income opportunity in an established neighborhood! Features two units, with Unit one being 3 bed 1 bath currently tenant-occupied at $2,000/month plus utilities. The second unit is vacant and ready for occupancy, with potential rent of $1,200/month. Add your own appliances and start generating immediate cash flow! Property offers a strong 8% cap rate and even more upside with room to add an ADU (buyer to verify). Whether you're an investor or owner-occupant, take advantage of available seller concessions and unlock the full potential of this value-add property. Don't miss this rare find with built-in income and expansion options! Located in the heart of the historical old town Merced, with tree-lined streets and close to downtown. Please call for an appointment; do not disturb tenants.
Listing Agent
Century 21 Select Real Estate Brokerage Phone: 209-777-9922 License #01295751 Listed on: 05/08/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 7,500 Sq Ft Lot
- Density is 2-5 Units/Acre
- Property is zoned R-1-6
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,106 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 27 / 19
- Assessor Parcel Number 030121013000
- $203 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,977 | $282,920 | $63,971 | $218,949 |
| 2024 | $2,977 | $277,373 | $62,717 | $214,656 |
| 2023 | $2,936 | $271,936 | $61,488 | $210,448 |
| 2022 | $2,897 | $266,605 | $60,283 | $206,322 |
| 2021 | $2,891 | $261,378 | $59,101 | $202,277 |
| 2020 | $2,913 | $258,698 | $58,495 | $200,203 |
| 2019 | $2,870 | $253,627 | $57,349 | $196,278 |
| 2018 | $2,107 | $200,000 | $55,000 | $145,000 |
| 2017 | $2,119 | $190,000 | $50,000 | $140,000 |
| 2016 | $1,961 | $175,000 | $45,000 | $130,000 |
| 2015 | $1,847 | $165,000 | $40,000 | $125,000 |
| 2014 | $1,454 | $130,000 | $25,000 | $105,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | For Sale | $435,000 | -- | $207 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC25102788
APN: 030-121-013
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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