121 W 25th St Merced, CA 95340
Downtown Merced NeighborhoodEstimated payment $2,723/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
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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