$575,000

Estimated payment $3,756/month

Total Views 1,110
8 Beds
4 Baths
3,000 Sq Ft
$192 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Armando Diaz

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

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

  • Assessor Parcel Number 035-032-004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

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
  • Lease Type: Net

Multi Family

  • Gross Income: 3300
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 1
  • Total Number Section8: 1
  • Insurance Expense: 221300
  • Number of Leased Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Number Of2 Bedrooms Occupied: 3
  • Total Number Owner Occupied: 3

Tax Info

  • Assessor Parcel Number: 035-032-004
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
10/05/2023 10/05/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $350,000 -- $117 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 225081096

MetroList

APN: 035-032-004