$615,000
SOLD MAY 28, 2015
6 Beds
4 Baths
2,400 Sq Ft
0.34 Acres

Recently Sold

$256 Per Sq Ft

11% Below List Price

147 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2025

Great investment opportunity! 15 unit apartments, all occupied. These are a must see.

Last Agent to Sell the Property

Armando Diaz

Soldavi Inc. License #01496803 Listed on: 10/23/2014

Last Buyer's Agent

Gary Izard

Independent Rl Est Brokers License #01359320

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Parking

  • Open Parking

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • 0.34 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 031-161-005-000

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Building Details

  • 15 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1962
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 615000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning Description: R15
  • Lot Size Acres: 0.3400
  • Lot Size Sq Ft: 14810

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 15

Multi Family

  • Gross Income: 87105
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 15
  • Number of Units: 15
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 031-161-005-000

MLS Schools

  • School District (County): Merced

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
07/25/2025 07/25/25 For Rent $1,195 -4.4% --
07/15/2025 07/15/25 Price Changed $1,250 +32.3% $2 / Sq Ft
07/15/2025 07/15/25 Price Changed $945 -27.0% $2 / Sq Ft
06/30/2025 06/30/25 For Rent $1,295 +30.2% --
06/30/2025 06/30/25 For Rent $995 0.0% --
06/23/2025 06/23/25 Sold $1,035,999 +159.0% $143 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $400,000 -35.0% $55 / Sq Ft
05/28/2015 05/28/15 Sold $615,000 -10.9% $256 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $690,000 -- $288 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14066748

MetroList

APN: 031-161-005