1101 E Santa Fe Avenue
Merced, CA 95340
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1980 build
- – on site
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Evergreen Park apartments are located at the intersection of East Santa Fe and Glen, conveniently located on a bus route, walking distance to multiple schools, and ten minutes to the UC Merced Campus (~20% of tenants are students). The property is functionally full, with a a couple of move in and move outs each month. and rents are now moving up. The rent on a new studio rental has increased to $ 500; 1 bedrooms to $ 600. There are eight buildings, each with the same configuration. Unit #1 is 1 large 1 bedroom, units 2-3-4 are downstairs studios, unit units 6-7-8 are upstairs studios, unit #5 is a downstairs studio with no unit above, a laundry room and a storage unit. In general, two building face each other with enclosed courtyards. There is a built in fenced pool for the tenants use. The office is located in the 1121 building. The complex has a payment kiosk, that allows tenants to pay rent 24 hours a day via debit/credit cards, checks or money orders. Gross Rent Multiplier of 8.6. The complex is listed significantly below replacement cost. The cost of a building permit / entitlement fees is roughly the same amount as the $46,0000 per unit list price.
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Last updated Apr 7, 2024
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MLS# MC17112591 —
Walk Score®
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Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/27/20
Aug 27, 2020
|
Pending | CRMLS_CA | ||
|
6/1/20
Jun 1, 2020
|
Sold Subject To Contingencies | CRMLS_CA | ||
|
5/26/20
May 26, 2020
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Listed / Active | CRMLS_CA |