NOT LISTED FOR SALE
8 Beds
4 Baths
3,000 Sq Ft
7,505 Sq Ft Lot

Sale Details

Date Sold: September 5, 2025

Last sale price $527,500 $176 Per Sq Ft

55 Days on Market

Highlights

  • No HOA
  • Refrigerated and Evaporative Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of September 2025

Don't miss this excellent investment opportunity! This well-maintained 4-unit apartment complex features four 2-bedroom, 1-bath units, each offering comfortable living spaces ideal for renters. Every unit includes a gas stove, refrigerator, and wall A/C, providing essential amenities for year-round comfort. Additional features include a security door for added peace of mind and a hallway closet for extra storage. Conveniently located just minutes from Downtown Merced, this property is close to shopping, dining, public transportation, and offers easy access to UC Merced, making it highly desirable for students, professionals, and families alike. Whether you're looking to expand your portfolio or start investing in rental properties, this is a solid opportunity with great rental potential.

Last Agent to Sell the Property

Armando Diaz

Soldavi Inc. License #01496803 Listed on: 06/17/2025

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,505

Home Design

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

Flooring

  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 7,505 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 035-032-004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • Insurance Expense $221,300
  • Professional Management Expense $74

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

7,505 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1977
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 575000.00
  • Lot Features: Curbs/Gutters
  • New Construction: No
  • Pool: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Wall Unit(s), Evaporative Cooler
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

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: R-3-1.5
  • Irrigation: Public District
  • Lot Size Acres: 0.1723
  • Lot Size Sq Ft: 7505.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Section8: 1
  • Insurance Expense: 221300
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Total Number Owner Occupied: 3

Tax Info

  • Assessor Parcel Number: 035-032-004
  • 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 17, 2025
Closed on
Sep 1, 2025
Sold by
Bought by
Seller's Agent
Armando Diaz
Soldavi Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$575,000
Sold Price
$527,500
Premium/Discount to List
-$47,500
-8.26%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,625
Outstanding Balance
$391,764
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2025
Closed on
Aug 8, 2025
Sold by
Bought by
Seller's Agent
Armando Diaz
Soldavi Inc.
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$575,000
Sold Price
$527,500
Premium/Discount to List
-$47,500
-8.26%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,625
Outstanding Balance
$391,764
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2025
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
$374,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2025
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
$374,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2023
Closed on
Oct 12, 2023
Sold by
Bought by
Seller's Agent
Lucia Valencia
Homesmart PV & Assoc., Merced
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$350,000
Sold Price
$410,000
Premium/Discount to List
$60,000
17.14%
Views
68

Purchase Details

Closed on
Nov 19, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Transcounty Title Company
$527,500 Transcounty Title Company
-- --
-- --
$410,000 Trans County Title
-- None Available
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 $395,625
Previous Owner $374,500
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
09/05/2025 09/05/25 Sold $527,500 -8.3% $176 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $575,000 0.0% $192 / Sq Ft
07/11/2025 07/11/25 Off Market $1,100 -- --
07/03/2025 07/03/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $575,000 0.0% $192 / Sq Ft
06/06/2025 06/06/25 For Rent $1,100 0.0% --
10/19/2023 10/19/23 Sold $410,000 +17.1% $137 / Sq Ft View Prior Sale
10/05/2023 10/05/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $350,000 -- $117 / 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
2025 $4,405 $418,160 $96,900 $321,260
2024 $4,405 $410,000 $95,000 $315,000
2023 $1,607 $147,068 $27,043 $120,025
2022 $1,586 $144,275 $26,513 $117,762
2021 $1,548 $138,288 $25,994 $112,294
2020 $1,559 $136,885 $25,728 $111,157
2019 $1,536 $134,228 $25,224 $109,004
2018 $1,402 $131,624 $24,730 $106,894
2017 $1,449 $128,521 $24,246 $104,275
2016 $1,426 $126,018 $23,771 $102,247
2015 $1,404 $124,138 $23,414 $100,724
2014 $1,375 $121,803 $22,956 $98,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225081096

MetroList

APN: 035-032-004

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