4 UNITS NO VACANCIES. $2150 CURRENT GROSS INCOME. RENTS ARE BELOW CURRENT MARKET, BUT THE TENNANTS HAVE BEEN THERE LONG TERM. DON'T MISS THIS OPPORTUNITY!
Multi-familyProperty Type
1970Year Built
7,501 sq ftLot Size
$131Est. Price/Sq.Ft.
2 spacesParking
Listed by Jerry Shewey•DRE #01236864• Shewey Realty, Inc.
Bought with Jerry Shewey•DRE #01236864• Shewey Realty, Inc.
4 UNITS NO VACANCIES. $2150 CURRENT GROSS INCOME. RENTS ARE BELOW CURRENT MARKET, BUT THE TENNANTS HAVE BEEN THERE LONG TERM. DON'T MISS THIS OPPORTUNITY!
4 UNITS NO VACANCIES. $2150 CURRENT GROSS INCOME. RENTS ARE BELOW CURRENT MARKET, BUT THE TENNANTS HAVE BEEN THERE LONG TERM. DON'T MISS THIS OPPORTUNITY!
Year
Property tax
Land + Additions
Assessment*
2025
$2,918 (+5.7%)
$47,348 + $217,342
$264,690
2024
$2,760 (+1.3%)
$46,420 + $213,081
$259,501
2023
$2,724 (+1.4%)
$45,510 + $208,903
$254,413
2022
$2,687 (+0.2%)
$44,618 + $204,807
$249,425
2021
$2,681 (−0.8%)
$43,744 + $200,792
$244,536
2020
$2,701 (+1.5%)
$42,887 + $196,855
$239,742
2019
$2,661 (+9.6%)
$42,448 + $194,837
$237,285
2018
$2,429 (+89.6%)
$41,616 + $191,017
$232,633
2017
$1,281 (+1.6%)
$5,953 + $106,512
$112,465
2016
$1,261 (+1.5%)
$5,953 + $106,512
$112,465
2015
$1,242 (+2.2%)
$5,837 + $104,424
$110,261
2014
$1,215 (+2.7%)
$5,638 + $100,842
$106,480
2013
$1,183 (+1.4%)
$5,638 + $100,842
$106,480
2012
$1,166
$5,613 + $100,387
$106,000
2011
$1,165 (+3.8%)
$5,503 + $98,419
$103,922
2010
$1,122 (+3.3%)
$5,396 + $96,490
$101,886
2009
$1,086 (+3.0%)
$5,356 + $95,769
$101,125
2008
$1,054
$5,368 + $95,996
$101,364
Tax history for 1106 O St
Year
Property tax
Land + Additions
Assessment*
2025
$2,918 (+5.7%)
$47,348 + $217,342
$264,690
2024
$2,760 (+1.3%)
$46,420 + $213,081
$259,501
2023
$2,724 (+1.4%)
$45,510 + $208,903
$254,413
2022
$2,687 (+0.2%)
$44,618 + $204,807
$249,425
2021
$2,681 (−0.8%)
$43,744 + $200,792
$244,536
2020
$2,701 (+1.5%)
$42,887 + $196,855
$239,742
2019
$2,661 (+9.6%)
$42,448 + $194,837
$237,285
2018
$2,429 (+89.6%)
$41,616 + $191,017
$232,633
2017
$1,281 (+1.6%)
$5,953 + $106,512
$112,465
2016
$1,261 (+1.5%)
$5,953 + $106,512
$112,465
2015
$1,242 (+2.2%)
$5,837 + $104,424
$110,261
2014
$1,215 (+2.7%)
$5,638 + $100,842
$106,480
2013
$1,183 (+1.4%)
$5,638 + $100,842
$106,480
2012
$1,166
$5,613 + $100,387
$106,000
2011
$1,165 (+3.8%)
$5,503 + $98,419
$103,922
2010
$1,122 (+3.3%)
$5,396 + $96,490
$101,886
2009
$1,086 (+3.0%)
$5,356 + $95,769
$101,125
2008
$1,054
$5,368 + $95,996
$101,364
*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
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
7,501
Year renovated
2019
Sq. Ft.
3,000
Year built
1970
Style
Multi-Family (2-4 Unit)
County
Merced County
APN
031312015000
Parking Spaces
2
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Oct 21, 2019.
R-3-1.5
Medium Density Residential-1.5 District
The R-3 zoning district provides an area for a full range of residential uses, including single-family dwellings, duplex homes, multi-family dwellings, single room occupancy housing, and other land uses typically compatible with a medium density residential setting. The R-3 zoning district R-3-1.5 allowing for a range of permitted residential densities.
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
Unassigned
Has Parking
Exterior
Exterior Information
Roof: Composition
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 031312015000
Attached Property
Year Built Source: Estimated
Financial
Lease / Rental Details
Operating Expense: $6,374
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 2183987
Listing Key Numeric: 88683461
Actual Rent: $25,800
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $25,800
Total # of Units: 4
Expenses
Total: $7,100
Insurance: $726
Water Sewer: $3,756
New Taxes: $2,450
Gardener: $858
Multi-Unit Information
Net Operating Income: $25,163
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: 3,000
Gross Scheduled Income: $25,800
# Of Separate Gas Meters: 5
# Of Separate Electric Meters: 5
# Of Buildings: 1
Vacancy Allowance Rate: 5
Neighborhood Information
Community Features: Urban
Location Information
Latitude: 37.29694200
Longitude: -120.49131700
Directions: CORNER OF "O" STREET AND 11TH STREET
Zoning: R-3-1.5
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,000
Stories: —
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 7,501 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1970
Year Renovated: 2019
County: Merced County
APN: 031312015000
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Oct 21, 2019
Other
Listing Information
Days Active in MLS: 5
Continuous Days Active in MLS: 5
Listing Agent Information
List Agent First Name: Jerry
List Agent Last Name: Shewey
Listing Office Information
List Office Name: Shewey Realty, Inc.
Selling Agent Information
Buyer Agent First Name: Jerry
Buyer Agent Last Name: Shewey
Selling Office Information
Buyer Office Name: Shewey Realty, Inc.
Around this home
Schools
Margaret Sheehy Elementary School
Public K-6 • Assigned • 0.6mi
2/10
Tenaya Middle School
Public 7-8 • Assigned • 0.3mi
3/10
Merced High School
Public 9-12 • Assigned • 1.8mi
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
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 17 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 • 95348
Average low and high temperatures (°F)
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55
92
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64
90
62
80
54
64
46
55
44
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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
$374,000 – $453,000
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