NOT LISTED FOR SALE

3102 College Ave Merced, CA 95340

North Merced Neighborhood
8 Beds
4 Baths
3,136 Sq Ft
10,019 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $635,000 $202 Per Sq Ft

7 Days on Market

Highlights

  • City View
  • Additional Land
  • Ceramic Countertops
  • Balcony
  • 4 Car Attached Garage
  • Tile Flooring

About This Home

As of June 2022

Great opportunity for owner user with an additional rental income, or for an investor!! Near UC Merced. Four Units, each unit has 2 bedrooms, 1 bathroom, current rents are low. Seller has updated 3 units and replace all windows and fresh exterior paint. each unit has a 1 car garage and a low maintenance backyard with barbecue area.

Last Agent to Sell the Property

Hugo De Hoyos

Intero Real Estate Services License #01153534 Listed on: 03/23/2022

Intero Real Estate Services

Last Buyer's Agent

Jose L. Leon

Intero Real Estate Services License #01983432

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Irrigation
  • Mostly Level
  • Grass Covered Lot
  • Back Yard
  • Additional Land

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Lighted Parking
  • Garage Door Opener

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Ceramic Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Central Air
  • Heating System Uses Gas
  • 220 Volts
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $45,600

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,400
  • Insurance Expense $1,400
  • Utility Expense $1,200
  • Trash Expense $4,000
  • Operating Expense $15,063
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-3-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3136
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Ceramic, Countertop - Formica, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Electric, Oven Range, Refrigerator
  • Living Sq Ft: 3136
  • Security: Fire Alarm
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: City
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Courtyard, Low Maintenance

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Common Parking Area, Gate / Door Opener, Lighted Parking Area, Workshop In Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Gas
  • Sewer/Septic System: Community Sewer / Septic

Lot Info

  • Lot Description: Additional Land Available, Grade - Mostly Level
  • Lot Acres: 0.2300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10128.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10128.00

Green Features

  • Energy Features: Energy Star Appliances

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month
  • Gross Rent Multiplier: 11.77
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1400
  • Expense Landscape: 1400
  • Expenses Total: 15063
  • Expenses Utility: 1200
  • Expense Trash: 4000
  • Income Annual Gross: 45600.00
  • Income Annual Rental: 45600
  • Income Gross Scheduled: 48000
  • Income Includes: Laundry, Rents
  • Income Other: 2400
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Loan - Principle & Interest, Maintenance, Maintenance - Exterminator, Maintenance - Laundry
  • Tenant Expenses: Maintenance - Interior
  • Vacancy Factor: 5

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2022 06/03/22 Sold $635,000 +12.4% $202 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $565,000 +162.8% $180 / Sq Ft
10/30/2015 10/30/15 Sold $215,000 -28.3% $67 / Sq Ft View Prior Sale
08/24/2015 08/24/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $300,000 -- $94 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hugo De Hoyos

    Seller's Agent in 2022

    Hugo De Hoyos

    Intero Real Estate Services

    (650) 931-8300

    1 in this area

    174 Total Sales

    Hugo De Hoyos
    Section Image

  • J

    Buyer's Agent in 2022

    Jose L. Leon

    Intero Real Estate Services

    Section Image

  • J

    Seller's Agent in 2015

    Jocelyn Fowlks

    Jocelyn A. Dandridge, Broker

    Section Image

  • R

    Buyer's Agent in 2015

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81883640

MLSListings

APN: 006-122-025

California Merced County Merced 95340 North Merced

3102 College Ave, Merced, CA

Not Listed for Sale

MultiFamily

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.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes