$620,000
$635,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
7,501 Sqft Lot
SOLD DATE : 08/19/2025
Key Details
Sold Price $620,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC24215977
Sold Date 08/19/25
HOA Y/N No
Year Built 1986
Lot Size 7,501 Sqft
Property Sub-Type Apartment
Property Description
Check out this investment opportunity in downtown Merced! Live in one unit and rent out the other three or rent out all four! Three of the four units are 2 bedroom and 2.5 bath. These units have the living room, kitchen and half bath located downstairs and two bedrooms and two full bathrooms upstairs. The one additional unit is a single story 2 bedrooms and 1 bath. Each unit has its own parking spot, central air condition as well as central heating and a fireplace! Units will come equipped with an oven and dishwasher. The high occupancy rate and high return on investment makes this property a great addition for investors. Located near the revitalized and growing downtown Merced, this property is sure to see its value continue to appreciate. Don't miss out on adding this fourplex to your portfolio!
Location
State CA
County Merced
Zoning R-4
Interior
Heating Central
Cooling Central Air
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dishwasher, Gas Oven
Laundry None
Exterior
Exterior Feature Rain Gutters
Parking Features Asphalt
Pool None
Community Features Urban
Utilities Available Natural Gas Available, Sewer Connected, Water Connected
View Y/N Yes
View Courtyard
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 031074003000
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Danielle Ortega The Team Realty
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Managing Broker, JD | Lic# DRE# 01065018/02178736