$680,000
SOLD MAY 5, 2025

1912 Shadowbrook Dr Merced, CA 95348

8 Beds
8 Baths
3,540 Sq Ft
9,117 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of May 2025

This fully remodeled fourplex is a prime investment opportunity in North Merced, offering a blend of stable rental income and high short-term rental potential. Two units are leased as long-term rentals at $1,600 per month each, providing steady cash flow, while the other two operate as successful Airbnb units, generating an average of $2,000 per month each.

With a durable tile roof and modernized interiors designed to attract quality tenants, this property is move-in ready for both investors and residents. Whether you choose to continue the Airbnb strategy or convert all units to long-term rentals, this fourplex offers flexibility and strong returns. Don’t miss this opportunity to add a high-performing asset to your portfolio!

Last Agent to Sell the Property

Eric Jaurique-Pouncey

BHGRE Everything Real Estate Brokerage Phone: 209-769-3934 License #02154006 Listed on: 02/28/2025

BHGRE Everything Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,117 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot E
  • Assessor Parcel Number 058150033000
  • $163 per year additional tax assessments

Community Details

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Maintenance Expense $9,600
  • Other Expense $2,330
  • Water Sewer Expense $4,800
  • Operating Expense $23,530
  • Gross Income $86,400
  • Net Operating Income $62,870

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

9,117 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 4800.00
  • Zoning: R-3-1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 058150033000
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 192.09
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 9117.00
  • Lot Size Acres: 0.2093

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 86400.00
  • Gross Scheduled Income: 86400.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9117.0000 Square Feet
  • Maintenance Expense: 9600.00
  • Net Operating Income: 62870.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 23530.00
  • Other Expense: 2330.00
  • Other Expense Description: Taxes
  • Rent Control: No
  • Total Expenses: 23530.00

Tax Info

  • Tax Census Tract: 10.05
  • Tax Lot: E
  • TaxOtherAnnualAssessmentAmount: 163.00
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Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold $680,000 +0.7% $192 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $675,000 -- $191 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $2,330 $221,056 $34,844 $186,212
2024 $2,330 $216,734 $34,161 $182,573
2023 $2,299 $212,557 $33,492 $179,065
2022 $2,267 $208,343 $32,836 $175,507
2021 $2,262 $204,271 $32,193 $172,078
2020 $2,279 $202,183 $31,863 $170,320
2019 $2,245 $198,232 $31,239 $166,993
2018 $2,048 $194,358 $30,627 $163,731
2017 $2,126 $190,560 $30,027 $160,533
2016 $2,093 $186,837 $29,439 $157,398
2015 $2,060 $184,040 $28,997 $155,043
2014 $2,015 $180,447 $28,429 $152,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC25044650

California Regional Multiple Listing Service (CRMLS)

APN: 058-150-033

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