Seller's Agent in 2025
Jeff Nightengale
London Properties Ltd - Merced
(209) 722-8181
12 in this area
131 Total Sales
351 W 19th St Merced, CA 95340
Downtown Merced Neighborhood
14
Beds
--
Bath
8,000
Sq Ft
0.34
Acre Lot
Highlights
- 0.34 Acre Lot
- No HOA
- Laundry Room
- Corner Lot
- Double Pane Windows
- Central Heating
About This Home
As of August 2025A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
Last Agent to Sell the Property
London Properties Ltd - Merced Brokerage Phone: 209-947-2247 License #01878234 Listed on: 07/08/2025
Last Buyer's Agent
London Properties Ltd - Merced Brokerage Phone: 209-947-2247 License #01878234 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 15,000 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Apartment
- Entry on the 1st floor
- Tile Roof
Interior Spaces
- 14 Bedrooms
- 8,000 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Laundry Room
Parking
- On-Street Parking
- Parking Lot
Additional Features
- Rain Gutters
- Central Heating
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 9 / 122
- Assessor Parcel Number 031071012000
- $333 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 14 Units
Amenities
- Laundry Facilities
Building Details
- 14 Leased Units
- 15 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Cable TV Expense $3,600
- Fuel Expense $4,440
- Gardener Expense $1,800
- Insurance Expense $11,500
- Trash Expense $6,600
- Water Sewer Expense $6,600
- New Taxes Expense $4,958
- Operating Expense $39,498
- Gross Income $130,200
- Net Operating Income $90,702
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
Jul 8, 2025
Closed on
Aug 15, 2025
Sold by
Bought by
Seller's Agent
Jeff Nightengale
London Properties Ltd - Merced
Buyer's Agent
Jeff Nightengale
London Properties Ltd - Merced
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Views
31
Purchase Details
Closed on
Nov 10, 2005
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,400,000 | Transcounty Title Company | ||
| -- | -- |
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 |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $1,400,000 | -12.5% | $175 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $1,600,000 | -- | $200 / 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 |
|---|---|---|---|---|
| 2025 | $5,253 | $472,590 | $84,621 | $387,969 |
| 2024 | $4,958 | $462,528 | $82,962 | $379,566 |
| 2023 | $4,889 | $453,487 | $81,336 | $372,151 |
| 2022 | $4,826 | $444,624 | $79,742 | $364,882 |
| 2021 | $4,817 | $436,074 | $78,179 | $357,895 |
| 2020 | $4,854 | $431,480 | $77,378 | $354,102 |
| 2019 | $4,780 | $423,048 | $75,861 | $347,187 |
| 2018 | $4,361 | $414,781 | $74,374 | $340,407 |
| 2017 | $4,529 | $406,816 | $72,916 | $333,900 |
| 2016 | $4,457 | $398,731 | $71,487 | $327,244 |
| 2015 | $4,387 | $392,764 | $70,414 | $322,350 |
| 2014 | $4,292 | $385,099 | $69,035 | $316,064 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Nightengale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC25152545
APN: 031-071-012
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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