3150 3158 College AVE, Merced, CA 95340

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Juan Oropeza

Citiwide Realty Group

juan@juanorealtor.com +1(818) 941-0721

$ 1,499,999

Est. payment | -/mo

0.37 Acres Lot

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$ 1,499,999

Est. payment | -/mo

Save

0.37 Acres Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC25181024

HOA Y/N No

Year Built 1965

Lot Size 0.372 Acres

Property Sub-Type Mixed Use

Property Description

TWO 4 UNIT APARTMENT COMPLEXES WITH GARAGES BEING SOLD TOGETHER! Great investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom 1 bath floor plan of approximately 700 square feet and includes a private garage—a rare and desirable feature for tenants. Well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. Excellent cash flow with long term appreciation potential in a growing market. Strong tenant demand and a great location make this a must see multifamily investment.

Location

State CA

County Merced

Zoning R-3-2

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Vinyl

Fireplace No

Appliance Dishwasher, Electric Range, Refrigerator

Laundry In Garage

Exterior

Parking Features Assigned

Garage Spaces 8.0

Garage Description 8.0

Fence Wood

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Roof Type Composition

Total Parking Spaces 8

Private Pool No

Building

Lot Description Sprinkler System

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 006122018000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

Listed by Armando Diaz Soldavi Inc. 209-777-9955

3150 3158 College AVE Merced, CA 95340