Attention real estate investors! Great opportunity to own 3 units on 1 lot in the growing community of Merced and home to U. C. Merced. Located in an established neighborhood only minutes to downtown restaurants, coffee shops, theatre and short drive to U. C. Merced. Live in 1 unit and rent the other 2 to help pay the mortgage or rent all 3. The front house is well kept 2 bed 1 bath and rents for $800. The tastefully done garage conversion is 1 bed 1 bath and rents for $550. Back house which needs work is 2 bed 1 bath and rents for $475. The current below market rents offer great upside potential! With a small investment, this could become a fantastic income producing property.
Multi-familyProperty Type
1950Year Built
0.28 acresLot Size
$90Price/Sq.Ft.
4 spacesParking
Listed by Ron Crain•DRE #01309654• R.J. Real Estate
Bought with Ron Crain•DRE #01309654• R.J. Real Estate
Attention real estate investors! Great opportunity to own 3 units on 1 lot in the growing community of Merced and home to U.C. Merced. Located in an established neighborhood only minutes to downtown restaurants, coffee shops, theatre and short drive to U.C. Merced. Live in 1 unit and rent the other 2 to help pay the mortgage or rent all 3. The front house is well kept 2 bed 1 bath and rents for $800. The tastefully done garage conversion is 1 bed 1 bath and rents for $550. Back house which needs work is 2
Attention real estate investors! Great opportunity to own 3 units on 1 lot in the growing community of Merced and home to U.C. Merced. Located in an established neighborhood only minutes to downtown restaurants, coffee shops, theatre and short drive to U.C. Merced. Live in 1 unit and rent the other 2 to help pay the mortgage or rent all 3. The front house is well kept 2 bed 1 bath and rents for $800. The tastefully done garage conversion is 1 bed 1 bath and rents for $550. Back house which needs work is 2 bed 1 bath and rents for $475. The current below market rents offer great upside potential! With a small investment, this could become a fantastic income producing property.
CRMLS #MC19060806
Apr 24, 2019
Sold
$250,000
$90/sq ft
Mar 28, 2019
Pending
—
Mar 26, 2019
Relisted
—
Mar 25, 2019
Pending
—
Mar 18, 2019
Listed
$269,900
$97/sq ft
CRMLS #MC19060935
Apr 24, 2019
Sold
$250,000
$90/sq ft
Mar 25, 2019
Pending
—
Mar 18, 2019
Listed
$269,900
$97/sq ft
Attention real estate investors! Great opportunity to own 3 units on 1 lot in the growing community of Merced and home to U.C. Merced. Located in an established neighborhood only minutes to downtown restaurants, coffee shops, theatre and short drive to U.C. Merced. Live in 1 unit and rent the other 2 to help pay the mortgage or rent all 3. The front house is well kept 2 bed 1 bath and rents for $800. The tastefully done garage conversion is 1 bed 1 bath and rents for $550. Back house which needs work is 2 bed 1 bath and rents for $475. The current below market rents offer great upside potential! With a small investment, this could become a fantastic income producing property.
Year
Property tax
Land + Additions
Assessment*
2025
$3,117 (+5.7%)
$62,578 + $221,874
$284,452
2024
$2,948 (+1.4%)
$61,351 + $217,524
$278,875
2023
$2,908 (+1.3%)
$60,149 + $213,259
$273,408
2022
$2,869 (+0.2%)
$58,970 + $209,078
$268,048
2021
$2,863 (−0.8%)
$57,814 + $204,979
$262,793
2020
$2,885 (+84.6%)
$56,681 + $200,960
$257,641
2019
$1,563 (+9.5%)
$56,100 + $198,900
$255,000
2018
$1,427 (−3.6%)
$14,199 + $121,810
$136,009
2017
$1,480 (+1.6%)
$13,649 + $117,081
$130,730
2016
$1,457 (+1.6%)
$13,649 + $117,081
$130,730
2015
$1,434 (+2.1%)
$13,382 + $114,786
$128,168
2014
$1,404 (+2.8%)
$12,923 + $110,848
$123,771
2013
$1,366 (+1.5%)
$12,923 + $110,848
$123,771
2012
$1,346 (+0.1%)
$12,865 + $110,348
$123,213
2011
$1,345 (+2.8%)
$12,613 + $108,185
$120,798
2010
$1,309 (+3.4%)
$12,366 + $106,064
$118,430
2009
$1,265 (+3.0%)
$12,274 + $105,272
$117,546
2008
$1,229
$12,303 + $105,522
$117,825
Tax history for 1051 E 22nd St
Year
Property tax
Land + Additions
Assessment*
2025
$3,117 (+5.7%)
$62,578 + $221,874
$284,452
2024
$2,948 (+1.4%)
$61,351 + $217,524
$278,875
2023
$2,908 (+1.3%)
$60,149 + $213,259
$273,408
2022
$2,869 (+0.2%)
$58,970 + $209,078
$268,048
2021
$2,863 (−0.8%)
$57,814 + $204,979
$262,793
2020
$2,885 (+84.6%)
$56,681 + $200,960
$257,641
2019
$1,563 (+9.5%)
$56,100 + $198,900
$255,000
2018
$1,427 (−3.6%)
$14,199 + $121,810
$136,009
2017
$1,480 (+1.6%)
$13,649 + $117,081
$130,730
2016
$1,457 (+1.6%)
$13,649 + $117,081
$130,730
2015
$1,434 (+2.1%)
$13,382 + $114,786
$128,168
2014
$1,404 (+2.8%)
$12,923 + $110,848
$123,771
2013
$1,366 (+1.5%)
$12,923 + $110,848
$123,771
2012
$1,346 (+0.1%)
$12,865 + $110,348
$123,213
2011
$1,345 (+2.8%)
$12,613 + $108,185
$120,798
2010
$1,309 (+3.4%)
$12,366 + $106,064
$118,430
2009
$1,265 (+3.0%)
$12,274 + $105,272
$117,546
2008
$1,229
$12,303 + $105,522
$117,825
*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
0.28 Acres
Year renovated
—
Sq. Ft.
1,051
Year built
1950
Style
Other
County
Merced County
APN
034043022000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
R-1-6
Low Density Residential-6 District
The R-1 zoning district is intended to stabilize, protect, and encourage the establishment and maintenance of a suitable environment for detached single-family dwellings, duplexes, and other land uses typically compatible with or authorized by state law for a low-density residential setting. The R-1 zoning district is divided into R-1-6 allowing for a range of minimum lot sizes.
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
Driveway
Has Parking
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Inside
Cooling Information
Central
Has Cooling
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: One
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Other
Lot Features: Back Yard, Front Yard
Property Information
Total # of Units: 3
Common Walls: No Common Walls
Parcel Number: 034043022000
Total # of Stories: 1
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $7,812
Total Actual Rent: $1,825
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 10515110
Listing Key Numeric: 362310611
Actual Rent: $800
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $800
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10515111
Listing Key Numeric: 362310611
Actual Rent: $550
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $550
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 362310611
Unit Key Numeric: 10515112
Actual Rent: $475
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $475
Total # of Units: 1
Expenses
Total: $7,812
Pest Control: $660
Insurance: $1,380
Water Sewer: $3,372
New Taxes: $3,200
Gardener: $1,200
Multi-Unit Information
Net Operating Income: $14,088
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 2,783
Gross Scheduled Income: $21,900
Gross Income: $21,900
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 3
Neighborhood Information
Community Features: Curbs, Gutters, Sidewalks
Location Information
Latitude: 37.29924000
Longitude: -120.46013700
Directions: East on Yosemite Parkway, left on Glen Ave, right on 22nd St
Zoning: R-1-6
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,051
Stories: 1.0
Lot Size: 0.28 acres
Style: Other
Year Built: 1950
Year Renovated: —
County: Merced County
APN: 034043022000
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
Days Active in MLS: 7
Continuous Days Active in MLS: 7
Listing Agent Information
List Agent First Name: Ron
List Agent Last Name: Crain
Listing Office Information
List Office Name: R.J. Real Estate
Selling Agent Information
Buyer Agent First Name: Ron
Buyer Agent Last Name: Crain
Selling Office Information
Buyer Office Name: R.J. Real Estate
Around this home
Schools
Charles Wright Elementary School
Public K-6 • Assigned • 0.2mi
4/10
Herbert Hoover Middle School
Public 7-8 • Assigned • 0.4mi
5/10
Golden Valley High School
Public 9-12 • Assigned • 0.9mi
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 104° 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)
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Sun exposure
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