Kristine Williams
EXP Realty of California, INC
(510) 901-4087
108 Total Sales
8 in North Merced
$110K - $530K Price Range
3270 Denver Ave Merced, CA 95348
North Merced Neighborhood
3
Beds
3
Baths
29,160
Sq Ft
2.3
Acre Lot
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
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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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Merced, CA
-
Kristine Williams
-
Martin Villanueva
Martin Villanueva
Realty Executives Of Northern California
(209) 439-8145
136 Total Sales
18 in North Merced
$285K - $595K Price Range
-
Alex Salazar
Alex Salazar
RE/MAX Gold
(559) 377-6342
578 Total Sales
2 in North Merced
$350K - $365K Price Range
-
Hector Garcia
Hector Garcia
BLVD Real Estate
(510) 370-4028
41 Total Sales
3 in North Merced
$475K - $900K Price Range
-
Nai Saetern
Nai Saetern
Real Brokerage Technologies, Inc.
(209) 600-0372
80 Total Sales
15 in North Merced
$243K - $495K Price Range
-
Marisela Ramos
Marisela Ramos
Real Broker
(559) 395-1469
112 Total Sales
1 in North Merced
$435,000 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 |
|---|---|---|---|
| $6,200,000 | Ticor Title | ||
| Yosemite Partnership | -- | None Available | |
| Yosemite Apartments Llc | $3,625,000 | Ticor Title Company | |
| Spiro Anita | -- | Ticor Title | |
| Financial Fitness Llc | -- | First American Title Company | |
| East West Bank | $1,658,800 | Accommodation | |
| Green Phillip W | $2,950,000 | Chicago Title Company | |
| Silveira Frank | $2,225,000 | Chicago Title Company | |
| Singh Navtar | $1,510,000 | Fidelity National Title Co |
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 |
|---|---|---|---|
| Open | $3,100,000 | ||
| Previous Owner | Yosemite Apartments Llc | $2,700,000 | |
| Previous Owner | Financial Fitness Llc | $987,000 | |
| Previous Owner | Green Phillip W | $2,065,000 | |
| Previous Owner | Silveira Frank | $1,435,000 | |
| Previous Owner | Singh Navtar | $1,208,000 |
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 |
|---|---|---|---|---|
| 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
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 | $70,090 | $6,451,523 | $260,100 | $6,191,423 |
| 2025 | $70,090 | $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
Seller's Agent in 2023
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
1 in this area
61 Total Sales
-
PP
Buyer's Agent in 2023
PWRNONMEMBER PWRNONMEMBER
PWNONMEMBER
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23055035
APN: 058-173-001
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.
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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