Kristopher Losole
PMZ Real Estate
(209) 719-3737
113 Total Sales
2 in North Merced
$389,000 Price Range
3150 College Ave Merced, CA 95340
North Merced Neighborhood
16
Beds
4
Baths
5,600
Sq Ft
0.37
Acre Lot
Highlights
- 0.37 Acre Lot
- 8 Car Attached Garage
- Carpet
- No HOA
- Central Heating and Cooling System
About This Home
As of November 2025TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 16,200 Sq Ft Lot
Parking
- 8 Car Attached Garage
Home Design
- Slab Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 5,600 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Kitchen
- Free-Standing Electric Range
- Dishwasher
Flooring
- Carpet
- Linoleum
- Laminate
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Separate Meters
- 220 Volts
Listing and Financial Details
- Security Deposit $9,400
- Tenant pays for electricity, gas
- Assessor Parcel Number 006-122-018
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Building Details
- 8 Leased Units
- Insurance Expense $1,789
- Maintenance Expense $2,089
- Professional Management Expense $854
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2025
Closed on
Nov 12, 2025
Sold by
Randhawa Satyajeet S
Bought by
Seller's Agent
Armando Diaz
Soldavi Inc.
Buyer's Agent
Satnam Singh
Reva Blue Realty, Inc.
List Price
$1,499,999
Sold Price
$1,350,000
Premium/Discount to List
-$149,999
-10%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 11, 2025
Closed on
Nov 2, 2025
Sold by
Randhawa Jyoti
Bought by
Randhawa Satyajeet S
Seller's Agent
Armando Diaz
Soldavi Inc.
Buyer's Agent
Satnam Singh
Reva Blue Realty, Inc.
List Price
$1,499,999
Sold Price
$1,350,000
Premium/Discount to List
-$149,999
-10%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 11, 2025
Closed on
Sep 16, 2025
Sold by
Karahashi Yee Family Trust and Cjc Trust
Bought by
Randhawa Satyajeet S
Seller's Agent
Armando Diaz
Soldavi Inc.
Buyer's Agent
Satnam Singh
Reva Blue Realty, Inc.
List Price
$1,499,999
Sold Price
$1,350,000
Premium/Discount to List
-$149,999
-10%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2024
Sold by
Chen Richard Li-Yang and Li Stephanie Chai-Ling
Bought by
Cjc Trust and Chen
Purchase Details
Listed on
May 29, 2019
Closed on
Apr 24, 2019
Sold by
Drabkin Victor and Drabkin Anastacia
Bought by
Li Stephanie Chai Ling and Chen Richard Li Yang
Seller's Agent
Rachelle Santos
Buyer's Agent
Armando Diaz
Soldavi Inc.
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%
Purchase Details
Closed on
May 25, 2005
Sold by
Drabkin Victor and Drabkin Anastacia
Bought by
Drabkin Victor and Drabkin Anastacia
Purchase Details
Closed on
Sep 27, 2004
Sold by
Paley Peter A
Bought by
Drabkin Victor and Drabkin Anastacia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
1.62%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Merced, CA
-
Kristopher Losole
-
John Altstatt
John Altstatt
Homelink Real Estate
(345) 345-3132
91 Total Sales
1 in North Merced
$255,000 Price
-
Kelly Upchurch
Kelly Upchurch
Stonebrook Realty Group Inc.
(916) 619-6090
38 Total Sales
1 in North Merced
$515,000 Price
-
Jayesh Karamchandani
Jayesh Karamchandani
Real Broker Technologies
(209) 900-5939
36 Total Sales
2 in North Merced
$610,000 Price Range
-
Kelly Pirtle
Kelly Pirtle
Century 21 Select Real Estate
(209) 580-3931
79 Total Sales
21 in North Merced
$127K - $550K Price Range
-
Kimberly Wood
Kimberly Wood
Village Financial Group
(916) 619-3005
24 Total Sales
1 in North Merced
$393,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Randhawa Satyajeet S | -- | First American Title | |
| Randhawa Satyajeet S | $675,000 | First American Title | |
| Cjc Trust | -- | None Listed On Document | |
| Li Stephanie Chai Ling | $900,000 | First American Title Company | |
| Drabkin Victor | -- | -- | |
| Drabkin Victor | $525,000 | Alliance Title Company |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $405,000 | ||
| Previous Owner | Drabkin Victor | $372,485 | |
| Previous Owner | Drabkin Victor | $393,750 | |
| Previous Owner | Paley Peter A | $227,500 | |
| Previous Owner | Paley Peter A | $97,500 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | Sold | $1,350,000 | -10.0% | $241 / Sq Ft | |
| 09/05/2025 09/05/25 | Pending | -- | -- | -- | |
| 08/11/2025 08/11/25 | For Sale | $1,499,999 | +66.7% | $268 / Sq Ft | |
| 05/31/2019 05/31/19 | Sold | $900,000 | +2.3% | $180 / Sq Ft | View Prior Sale |
| 05/29/2019 05/29/19 | For Sale | $880,000 | -- | $176 / Sq Ft |
Source: MetroList
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 |
|---|---|---|---|---|
| 2026 | $5,574 | $675,000 | $120,000 | $555,000 |
| 2025 | $5,574 | $501,909 | $61,351 | $440,558 |
| 2024 | $5,271 | $492,081 | $60,149 | $431,932 |
| 2023 | $5,198 | $482,445 | $58,970 | $423,475 |
| 2022 | $5,130 | $472,998 | $57,814 | $415,184 |
| 2021 | $5,119 | $463,736 | $56,681 | $407,055 |
| 2020 | $5,160 | $458,988 | $56,100 | $402,888 |
| 2019 | $4,559 | $403,400 | $65,000 | $338,400 |
| 2018 | $2,668 | $253,400 | $40,000 | $213,400 |
| 2017 | $2,546 | $228,400 | $40,000 | $188,400 |
| 2016 | $2,449 | $218,740 | $40,000 | $178,740 |
| 2015 | $2,443 | $218,400 | $40,000 | $178,400 |
| 2014 | $2,382 | $213,400 | $35,000 | $178,400 |
Source: Public Records
Agents Affiliated with this Home
-
Armando Diaz
Seller's Agent in 2025
Armando Diaz
Soldavi Inc.
(209) 777-9955
11 in this area
76 Total Sales
-
Sandra Doke
Seller Co-Listing Agent in 2025
Sandra Doke
Soldavi Inc.
(209) 648-1123
3 in this area
23 Total Sales
-
Satnam Singh
Buyer's Agent in 2025
Satnam Singh
Reva Blue Realty, Inc.
(510) 926-5738
4 in this area
53 Total Sales
-
Rachelle Santos
Seller's Agent in 2019
Rachelle Santos
(209) 761-5557
6 in this area
34 Total Sales
Map
Source: MetroList
MLS Number: 225105685
APN: 006-122-018
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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