- – beds
- – baths
- – sqft
- 15,000 sqft lot
- 1975 build
- – on site
A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 6%+ cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
Last checked:
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Last updated Jul 9, 2025
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MLS# MC25152545 —
The Building
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Year Built:1975
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:8000.00
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Building Area Units:Square Feet
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Total Number Of Units:14
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# of Buildings:2
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Roof:Tile
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:15
Interior
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Entry Location:Front
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Window Features:Double Pane Windows
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Fireplace:No
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Fireplace:None
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Laundry:Individual Room, Inside
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Laundry:1
Location
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Directions:Go North on G St; Turn right on 19th
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Latitude:37.30305400
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Longitude:-120.48023500
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:R-4
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Lot Features:Corner Lot, Lot 10000-19999 Sqft, Paved
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Lot Size Area:15000.0000
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Lot Size Acres:0.3444
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Lot Size SqFt:15000.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:122
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Tax Census Tract:13.02
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Tax Lot:9
The Listing
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Special Listing Conditions:Trust
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Parcel Number:031071012000
Heating & Cooling
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Heating:1
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Heating:Central
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Gutters
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Parking Space, Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/8/25
Jul 8, 2025
|
Listed / Active | CRMLS_CA | $1,600,000 |