NOT LISTED FOR SALE
4 Beds
4 Baths
7,000 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: July 21, 2025

Last sale price $1,050,000 $150 Per Sq Ft

15 Days on Market

About This Home

As of July 2025

A prime investment opportunity in Merced! This professionally maintained 10-unit apartment complex is ideally located near Downtown Merced, shopping, dining, public transportation, and UC Merced making it a highly desirable option for tenants. Nine units features 1 bedroom and 1 bathroom and one is 2 bd 1 bath, with built-in bookshelves, a functional eat-at kitchen counter, attractive wood flooring, and assigned uncovered parking. The property also boasts fresh, professional exterior paint, enhancing curb appeal and reducing future maintenance costs.

Last Agent to Sell the Property

Armando Diaz

Soldavi Inc. License #01496803 Listed on: 06/16/2025

Last Buyer's Agent

Preeti Tibrewala

Ashby & Graff License #02216646

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 11,252 Sq Ft Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,000 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water
  • Assessor Parcel Number 030-273-011

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • 5 Leased Units
  • 5 Vacant Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1960
  • Levels: Two
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Price Per Square Foot: 150.00
  • Square Footage: 7000.00

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1199000.00
  • Lot Features: Curbs/Gutters
  • New Construction: No
  • Pool: No
  • Roof: Shingle, Composition
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 12.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Merced Union High

Lot Info

  • Zoning: C-O
  • Irrigation: Public District
  • Lot Size Acres: 0.2583
  • Lot Size Sq Ft: 11252.00

Rental Info

  • Tenant Pays: Sewer, Trash Collection, Water
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 5
  • Number of Units: 10
  • Number of Vacant Units: 5
  • Total Number Owner Occupied: 5

Tax Info

  • Assessor Parcel Number: 030-273-011
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

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
Jun 16, 2025
Closed on
Jul 17, 2025
Sold by
Bought by
Seller's Agent
Armando Diaz
Soldavi Inc.
Buyer's Agent
Preeti Tibrewala
Ashby & Graff
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Views
20

Purchase Details

Closed on
Oct 21, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,050
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 9, 2003
Sold by
Bought by

Purchase Details

Closed on
May 29, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Merced, CA

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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
$1,050,000 Transcounty Title Company
$790,000 Old Republic Title Company
-- None Available
$600,000 Old Republic Title Company
-- Old Republic Title Company
$548,500 Old Republic Title Company
-- --
$212,382 --
-- --
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 $475,000
Previous Owner $450,000
Previous Owner $398,050
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
07/21/2025 07/21/25 Sold $1,050,000 -12.4% $150 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $1,199,000 -- $171 / 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 $9,487 $1,054,500 $105,000 $949,500
2025 $9,487 $855,181 $64,945 $790,236
2024 $8,970 $838,489 $63,672 $774,817
2023 $8,846 $822,124 $62,424 $759,700
2022 $8,733 $806,080 $61,200 $744,880
2021 $8,711 $790,000 $60,000 $730,000
2020 $7,220 $642,601 $90,000 $552,601
2019 $7,200 $637,601 $55,000 $582,601
2018 $5,650 $537,601 $55,000 $482,601
2017 $5,371 $482,601 $55,000 $427,601
2016 $5,114 $457,601 $55,000 $402,601
2015 $4,886 $437,601 $50,000 $387,601
2014 $4,431 $397,601 $45,000 $352,601
Source: Public Records

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Map

Source: MetroList

MLS Number: 225080576

MetroList

APN: 030-273-011

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