$1,625,454
SOLD JUN 24, 2025
23 Beds
-- Bath
16,615 Sq Ft
0.69 Acres

Recently Sold

$98 Per Sq Ft

160% Above List Price

44 Days on Market

Highlights

  • 0.69 Acre Lot
  • Coin Laundry
  • 1-Story Property

About This Home

As of June 2025

Worldbid auction - Court Ordered. 23 unit apartment complex is the heart of Merced. Under market rents! Qualifying round sealed bids due April 23, 2025 Noon PT. Proof of funds to close required with bid submission. Completely non contingent auction. Buyers must conduct due diligence in advance of the auction. If you are obtaining a loan, lender approval letter required with bid submission. Proforma rents of $268,000. 69% occupied. Review the offering memorandum for bidding information and property information. Seller is not providing any inspection reports. Current appraised value $1.3 million.Sealed bid auction contract attached. Review property information at Braunworldbid.com/commercial property auctions.

Last Agent to Sell the Property

Anthony Fitzgerald

Premiere Estates International License #01248708 Listed on: 03/18/2025

Last Buyer's Agent

Srinivasa Myneni

Legacy Real Estate & Assoc. License #01953963

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.69 Acre Lot

Home Design

  • Garden Apartment
  • Stucco

Interior Spaces

  • 16,615 Sq Ft Home
  • 1-Story Property

Parking

  • 21 Parking Spaces
  • Open Parking

Listing and Financial Details

  • Assessor Parcel Number 013-082-101-600

Community Details

Building Details

  • 15 Leased Units
  • 8 Vacant Units
  • 15 Units Leased Month-To-Month

Additional Features

  • 23 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Garden Apartments
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: Auction

Interior Features

  • Flooring: See Remarks
  • Laundry Features: Coin Operated
  • Price Per Square Foot: 97.83
  • Square Footage: 16615.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: See Remarks

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 21.00

Utilities

  • Cooling: None
  • Heating: Individual
  • Security Features: None
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Schools

  • School District: Other

Lot Info

  • Assessor Parcel Number: 013-082-101-600
  • Irrigation: Public District
  • Lot Features: Sidewalk
  • Lot Size Acres: 0.6887
  • Lot Size Sq Ft: 30000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 2360177.15
  • Zoning: r4

Rental Info

  • Number Of Units Month To Month: 15

Building Info

  • Number of Units Total: 23

Multi Family

  • Number Of Units Vacant: 8
  • Number of 1 Bedroom Units: 23
  • Number Of Units Leased: 15
  • Total Number Leasable: 23

MLS Schools

  • School District County: Other

Range of Values:

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List Price
Sold Price
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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
06/24/2025 06/24/25 Sold $1,625,454 +160.1% $98 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $625,000 -- $38 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 225032681

San Francisco Association of REALTORS® MLS