Seller's Agent in 2015
Aaron Vega
Tinetti Realty Group
(209) 230-3047
11 in this area
80 Total Sales
731 W Santa fe Ave Merced, CA 95340
Downtown Merced Neighborhood
4
Beds
2
Baths
5,670
Sq Ft
0.3
Acres
Highlights
- Cooling System Mounted To A Wall/Window
- 8 Detached Carport Spaces
- Combination Of Heating Systems
About This Home
As of September 2015Great Investment Opportunity! This 8 unit complex is ideally located in the heart of Merced Ca. Within a few blocks your tenants could be enjoying many vibrant downtown eateries or simply take a short walk and enjoy the Bear creek bike path,Or the local zoo and Applegate park.Each unit is 2 bedrooms and 1 bath and large living area. 4 units have recently been completely remodeled from top to bottom including new cabinets in the kitchen and bathroom rooms. new flooring, tub,paint,fixtures and much more. Each unit has its own assigned carport with additional parking available on site. Entire exterior was recently painted and landscaped. There is also a onsite laundry room which provides an additional income source. monthly gross rents of $4000!!!
Last Agent to Sell the Property
Tinetti Realty Group License #01807208 Listed on: 03/02/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 0.3 Acre Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- 5,670 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 12 Parking Spaces
- 8 Detached Carport Spaces
- Parking Available
Utilities
- Cooling System Mounted To A Wall/Window
- Combination Of Heating Systems
Listing and Financial Details
- Assessor Parcel Number 030092017000
Community Details
Overview
- 3 Buildings
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $5,000
- Maintenance Expense $1,800
- Pest Control $1,000
- Professional Management Expense $3,000
- Trash Expense $3,780
- Water Sewer Expense $3,780
- New Taxes Expense $4,000
- Gross Income $3,425
- Net Operating Income $12,436
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2015 09/25/15 | Sold | $350,000 | -6.7% | $62 / Sq Ft |
| 07/31/2015 07/31/15 | Pending | -- | -- | -- |
| 03/02/2015 03/02/15 | For Sale | $375,000 | +87.5% | $66 / Sq Ft |
| 08/27/2013 08/27/13 | Sold | $200,000 | -16.6% | $77 / Sq Ft |
| 08/05/2013 08/05/13 | Pending | -- | -- | -- |
| 06/21/2013 06/21/13 | For Sale | $239,950 | -- | $92 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Aaron Vega
-
Scott A Oliver
Buyer's Agent in 2015
Scott A Oliver
Concierge Real Estate Services
(209) 354-4255
10 in this area
85 Total Sales
-
L
Seller's Agent in 2013
Loren Gonella
Century 21 Select Real Estate
-
N
Buyer's Agent in 2013
Non-MLS Member
Non-MLS Office
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MC15043733
APN: 030-092-017
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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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