An incredible opportunity awaits with this unique property featuring THREE separate 2-bedroom, 1-bath homes, each offering its own private front and backyard. Plus, each home has it's own detached one-car garage. Situated on a single APN, the homes at 1045, 1049 and 1053 W Santa offer a rare setup that provides flexibility and strong income potential — perfect for a first-time investor or a seasoned professional looking to expand their portfolio. Each home is individually metered, with comfortable living spaces and outdoor areas ideal for your tenants. The property is well-maintained and conveniently located near Applegate Park, the expanded Merced Mall, schools, and commuter routes, making it a desirable rental option in any market. Please note--The Property is only being sold with the 6 homes listed at 1037 W Santa Fe. Don’t miss this chance to own a rare multi-unit property with strong investment possibilities.
Multi-familyProperty Type
1960Year Built
9,740 sq ftLot Size
$240Est. Price/Sq.Ft.
1 car garageParking
Listed by Beth Christensen•DRE #02161352• Re/max Executive
Contact: 209-489-9070
Bought with Beth Christensen•DRE #02161352• Re/max Executive
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
9,740 Sq. Ft.
Year renovated
—
Sq. Ft.
726
Year built
1960
Style
Other
County
Merced County
APN
030063020000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
R-2
Low Medium Density Residential District
The R-2 zoning district is intended to stabilize, protect, and encourage the establishment and maintenance of a suitable environment for single-family dwellings, duplex homes, limited multi-family dwellings, and other land uses typically compatible with a low to medium-density residential setting.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Office-Other
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 1
Direct Garage Access, Garage, Garage - Rear Entry
Has Parking
# of Parking Spaces: 1
Interior
Laundry Information
None
Kitchen Information
Appliances: Gas Oven
Has Appliances
Cooling Information
Ductless
Has Cooling
Room Information
All Bedrooms Down
Flooring Information
Laminated, Tile
Heating Information
Ductless, Wall Heater
Has Heating
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Security Features: Carbon Monoxide Detector(s), Security System
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre
Property Information
Total # of Units: 3
Common Walls: No Common Walls
Parcel Number: 030063020000
Total # of Stories: 1
Year Built Source: Public Records
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $3,840
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 404081509
Listing Key Numeric: 403305027
Actual Rent: $900
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $900
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 404081510
Listing Key Numeric: 403305027
Actual Rent: $1,102
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $1,102
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 403305027
Unit Key Numeric: 404081511
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total # of Units: 1
Expenses
Total: $4,943
Insurance: $1,017
Water Sewer: $1,476
Multi-Unit Information
Net Operating Income: $36,984
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 726
Sq. Ft.
Total Building Area: 2,178
Gross Scheduled Income: $40,824
Gross Income: $40,824
# Of Leased Units: 2
# Of Separate Water Meters: 3
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 3
Neighborhood Information
Community Features: Curbs, Sidewalks
Location Information
Latitude: 37.31191200
Longitude: -120.48779200
Directions: R Street, right on 25th, right on Q Street , right onto Santa Fe
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 726
Stories: 1.0
Lot Size: 9,740 square feet
Style: Other
Year Built: 1960
Year Renovated: —
County: Merced County
APN: 030063020000
Home facts updated by county records on Oct 9, 2026
Other
Miscellaneous Information
Exclusions: Tenants private belongings
Listing Information
IDX Contact Info: 209-489-9070
Days Active in MLS: 3
Continuous Days Active in MLS: 3
Listing Agent Information
List Agent First Name: Beth
List Agent Last Name: Christensen
Listing Office Information
List Office Name: Re/max Executive
Selling Agent Information
Buyer Agent First Name: Beth
Buyer Agent Last Name: Christensen
Selling Office Information
Buyer Office Name: Re/max Executive
Around this home
Schools
John C. Fremont Charter School
Public K-6 • Assigned • 0.2mi
3/10
Herbert Hoover Middle School
Public 7-8 • Assigned • 1.4mi
5/10
Merced High School
Public 9-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
34 unhealthy days expected this year, 35 days in 30 years
Provided by First Street
Historical weather
Merced, CA • 95340
Average low and high temperatures (°F)
59
39
63
44
70
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49
82
55
91
61
94
63
96
64
89
63
79
54
63
46
55
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$497,000 – $601,000
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