Seller's Agent in 2017
David Bezeau
HomeBay Broker CA, Inc
(559) 260-9401
88 Total Sales
144 W 20th St Merced, CA 95340
Downtown Merced Neighborhood
7
Beds
5
Baths
3,221
Sq Ft
1942
Built
Highlights
- No HOA
- Central Air
- Heating System Uses Natural Gas
- Tile Flooring
- Level Lot
- 1-Story Property
About This Home
As of October 2017100% Occupied, turn-key investment property in the heart of downtown Merced. 5 units provide a very desirable unit mix of two 2 bd/1 ba, two 1 bd/1 ba, and one studio. Low maintenance stucco exterior, tile floors in all units, and excellent property mgmt in place make this a rare opportunity to buy near growing UC Merced and generate strong cash flow. All tenants are on 12 month leases. Rents: $3,055/month. 2 bds at $695 & $675, 1 bds at $595, and studio at $495. *Write offers subject to inspection. Interiors of units will only be shown to buyer once offer is accepted.*
Last Agent to Sell the Property
David Bezeau
HomeBay Broker CA, Inc License #01331414 Listed on: 09/06/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 7,501 Sq Ft Lot
- 1 Common Wall
- Level Lot
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Raised Foundation
- Composition Roof
Interior Spaces
- 3,221 Sq Ft Home
- 1-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- Parking Available
- Unassigned Parking
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 031081003000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Insurance Expense $1,200
- Other Expense $3,132
- Professional Management Expense $2,928
- Trash Expense $1,320
- Water Sewer Expense $2,640
- New Taxes Expense $2,160
- Operating Expense $13,380
- Gross Income $36,600
- Net Operating Income $23,220
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/03/2017 10/03/17 | Sold | $340,000 | +0.3% | $106 / Sq Ft |
| 09/06/2017 09/06/17 | For Sale | $339,000 | -- | $105 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Teri Kleinen
Buyer's Agent in 2017
Teri Kleinen
BHGRE Everything Real Estate
(209) 261-4509
16 in this area
173 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17193352
APN: 031-081-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
Nearby Homes