1962 Edwards Ave Merced, CA 95340
Estimated payment $6,862/month
Highlights
- No HOA
- Laundry closet
- Landscaped
- Neighborhood Views
- Guest Parking
- Central Heating and Cooling System
About This Home
Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor’s portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you’re looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
Listing Agent
Soldavi Inc. Brokerage Phone: 209-777-9955 License #01496803 Listed on: 02/25/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 16,203 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Wood Fence
- Landscaped
- Back Yard
Home Design
- Property Attached
- Entry on the 1st floor
- Slab Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 6,800 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Electric Range
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Open Parking Spaces
- 14 Parking Spaces
- 8 Carport Spaces
- Parking Available
- Driveway
- Paved Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- 220 Volts
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 034230002000
- $743 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- Gardener Expense $1,680
- Insurance Expense $7,464
- Pest Control $1,080
- Professional Management Expense $5,600
- Trash Expense $275
- Water Sewer Expense $280
- Operating Expense $16,379
- Net Operating Income $8,731
Map
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 | $7,271 | $652,775 | $92,843 | $559,932 |
| 2024 | $6,876 | $639,982 | $91,023 | $548,959 |
| 2023 | $6,781 | $627,470 | $89,239 | $538,231 |
| 2022 | $6,693 | $615,144 | $87,490 | $527,654 |
| 2021 | $6,679 | $603,089 | $85,775 | $517,314 |
| 2020 | $6,732 | $596,909 | $84,896 | $512,013 |
| 2019 | $6,632 | $585,242 | $83,232 | $502,010 |
| 2018 | $6,053 | $573,744 | $81,600 | $492,144 |
| 2017 | $6,282 | $562,500 | $80,000 | $482,500 |
| 2016 | $4,386 | $390,300 | $70,000 | $320,300 |
| 2015 | $4,215 | $375,330 | $70,000 | $305,330 |
| 2014 | $3,872 | $345,330 | $65,000 | $280,330 |
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 |
|---|---|---|---|---|
| 06/03/2026 06/03/26 | Price Changed | $1,165,000 | -3.7% | $171 / Sq Ft |
| 05/08/2026 05/08/26 | Price Changed | $1,210,000 | -3.2% | $178 / Sq Ft |
| 04/01/2026 04/01/26 | Price Changed | $1,250,000 | -3.8% | $184 / Sq Ft |
| 02/25/2026 02/25/26 | For Sale | $1,300,000 | -- | $191 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC26041045
APN: 034-230-002
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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
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