Seller's Agent in 2023
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
1 in this area
58 Total Sales
3270 Denver Ave Merced, CA 95348
North Merced Neighborhood
3
Beds
3
Baths
29,160
Sq Ft
2.3
Acres
Highlights
- Golf Course Community
- 2.3 Acre Lot
- Neighborhood Views
- Gunite Pool
- Community Lake
- Hiking Trails
About This Home
As of July 2023We are pleased to present "Yosemite Apartments".
Yosemite apartments is a beautiful, impeccably maintained, 50 unit, multifamily investment opportunity, located in heart of Merced County. The asset has an Incredible unit mix, comprised of 20 - 2 bed x 1 bath units. 20 – 1 bed x 1 baths & 10 studios.
Situated on 2.3 acres of beautifully manicured grounds. The asset boasts a large onsite swimming pool, nicely renovated laundry room, workshop, storage/tool shed, 50 covered parking spaces, 16 uncovered, with three handicap. The asset is currently 100% occupied, with waiting list. In place rents are approximately 20% below market, in current condition.
ADU opportunity, prospective investor is advised to call City Of Merced for confirmation on ADU potential.
The building is located in close proximity to Downtown Merced, ten minutes to UC Merced, 90 minutes to San Francisco & world renowned Yosemite National Park.
Seller financing is available to qualified buyer, at extremely competitive rates.
Last Agent to Sell the Property
Kinnery's Brokerage House License #01852032 Listed on: 04/04/2023
Last Buyer's Agent
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER License #05555555
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983
Lot Details
- 2.3 Acre Lot
- Lot Dimensions are 296' x 358'
- Two or More Common Walls
- Block Wall Fence
- Rectangular Lot
Home Design
- Apartment
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 29,160 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Gas Oven
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 19 Open Parking Spaces
- 69 Parking Spaces
- 50 Detached Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Gunite Pool
- Exterior Lighting
- Separate Outdoor Workshop
- Outdoor Storage
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Additional Features
- Accessible Parking
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 65
- Tax Tract Number 10
- Assessor Parcel Number 058173001000
- $3,341 per year additional tax assessments
Community Details
Overview
- 6 Buildings
- 50 Units
- Community Lake
- Near a National Forest
- Foothills
- Greenbelt
Amenities
- Community Barbecue Grill
- Picnic Area
- Laundry Facilities
- Community Storage Space
Recreation
- Golf Course Community
- Community Pool
- Park
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 51 Separate Electric Meters
- 51 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $254,984
- Gross Income $566,429
- Net Operating Income $333,116
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $6,200,000 | -8.1% | $213 / Sq Ft |
| 04/04/2023 04/04/23 | For Sale | $6,750,000 | -- | $231 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $66,264 | $6,325,400 | $255,000 | $6,070,400 |
| 2024 | $66,264 | $6,201,750 | $250,000 | $5,951,750 |
| 2023 | $44,337 | $4,124,007 | $341,347 | $3,782,660 |
| 2022 | $43,776 | $4,043,498 | $334,654 | $3,708,844 |
| 2021 | $43,684 | $3,964,569 | $328,093 | $3,636,476 |
| 2020 | $44,048 | $3,924,103 | $324,729 | $3,599,374 |
| 2019 | $43,395 | $3,847,514 | $318,362 | $3,529,152 |
| 2018 | $39,602 | $3,772,427 | $312,120 | $3,460,307 |
| 2017 | $41,113 | $3,698,812 | $306,000 | $3,392,812 |
| 2016 | $12,566 | $1,125,431 | $159,154 | $966,277 |
| 2015 | $12,369 | $1,108,838 | $156,764 | $952,074 |
| 2014 | $12,106 | $1,087,524 | $153,694 | $933,830 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Jacques
-
P
Buyer's Agent in 2023
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23055035
APN: 058-173-001
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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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