$600,000

16377 Letteau Ave Delhi, CA 95315

Delhi Area

Estimated payment $3,912/month

11 Beds
2 Baths
832 Sq Ft
$721 Price per Sq Ft

Highlights

  • 0.47 Acre Lot
  • 2 Car Garage
  • 1-Story Property
  • No HOA

About This Home

Exceptional investment opportunity in the heart of Delhi! Situated on nearly a 1/2-acre lot, this unique income-producing property features **five total rental units** consisting of **two detached homes and a triplex**. All units are currently occupied, providing immediate rental income for the new owner. Whether you're looking to expand your investment portfolio or own a multi-unit property with strong cash flow potential, this is an opportunity you won't want to miss. The spacious lot offers ample parking and room for future possibilities (buyer to verify). Conveniently located near schools, shopping, and easy freeway access. Don't miss this rare chance to own a fully occupied, turnkey multifamily property with built-in income from day one!

Listing Agent

Todd Priest

HomeSmart PV & Associates License #01091029 Listed on: 07/24/2026

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 20,600 Sq Ft Lot

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Frame Construction

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 009-110-023-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.47 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1947
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Number Of3 Bedrooms Occupied: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: See Remarks
  • Price Per Square Foot: 721.15
  • Square Footage: 832.00

Exterior Features

  • Construction Materials: Frame
  • Foundation: See Remarks
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 600000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Open, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Security: None
  • Sewer: See Remarks
  • Utilities: Other
  • Cooling: See Remarks
  • Heating: See Remarks
  • Laundry Features: Varies by Unit
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Delhi Unified

Lot Info

  • Zoning: R-3
  • Irrigation: None
  • Lot Size Acres: 0.4729
  • Lot Size Sq Ft: 20600.00

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 5

Tax Info

  • Assessor Parcel Number: 009-110-023-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Map

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,715 $656,500 $121,200 $535,300
2024 $3,126 $276,110 $55,869 $220,241
2023 $3,071 $270,697 $54,774 $215,923
2022 $2,992 $265,390 $53,700 $211,690
2021 $2,941 $260,188 $52,648 $207,540
2020 $2,922 $257,521 $52,109 $205,412
2019 $2,879 $252,473 $51,088 $201,385
2018 $2,901 $247,524 $50,087 $197,437
2017 $2,740 $242,671 $49,105 $193,566
2016 $2,659 $237,914 $48,143 $189,771
2015 $2,632 $234,341 $47,420 $186,921
2014 $2,597 $229,752 $46,492 $183,260
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2026 07/24/26 For Sale $600,000 -- $721 / Sq Ft
Source: MetroList

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Ca
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $215,000 Commercial
Previous Owner $140,000 Credit Line Revolving
Source: Public Records

Source: MetroList

MLS Number: 226093894

MetroList

APN: 009-110-023

Your Personal Tour Guide

Ask me questions while you tour the home.