Great opportunity!!! There are 3 units; 2-1 bed and 1-2 bed. You can live in one and rent the other 2. This property is situated on a corner lot with great exposure and easy freeway access.
Multi-familyProperty Type
1957Year Built
10,000 sq ftLot Size
$433Est. Price/Sq.Ft.
Listed by Jeff Lawry•DRE #01310152• London Properties Ltd - Merced
Listed by Phillip May•DRE #01393951• London Properties Ltd - Merced
Bought with Hazel Wayman•DRE #01827640• London Properties Ltd - Merced
PLEASE WRITE OFFERS SUBJECT TO WALKTHROUGH INSPECTION. THE PROPERTY IS COMPOSED OF A DUPLEX AND A HOUSE. EACH UNIT IS 1BD/1BTH AND THE HOUSE IS 2BD/1BTH. THE RENTS ARE DEFINITELY LOW. THE 2BDRM HOUSE RENTS FOR $550.00 PER MONTH & THE 1BDRM UNITS RENT FOR $420.00 AND $400.00/MO RESPECTIVELY. THE PROPERTY HAS BEEN WELL MAINTAINED.
Year
Property tax
Land + Additions
Assessment*
2026
$934 (+1.1%)
$39,491 + $41,695
$81,186
2025
$924 (+5.2%)
$39,491 + $41,695
$81,186
2024
$878 (+1.2%)
$38,717 + $40,878
$79,595
2023
$868 (+1.2%)
$37,958 + $40,077
$78,035
2022
$857
$37,214 + $39,292
$76,506
2021
$858 (−1.1%)
$36,485 + $38,522
$75,007
2020
$868 (+1.1%)
$35,770 + $37,767
$73,537
2019
$858 (+9.1%)
$35,404 + $37,380
$72,784
2018
$786 (−4.0%)
$34,710 + $36,648
$71,358
2017
$819 (+1.0%)
$33,363 + $35,226
$68,589
2016
$811 (+1.1%)
$33,363 + $35,226
$68,589
2015
$802 (+1.6%)
$32,709 + $34,536
$67,245
2014
$789 (+8.0%)
$31,587 + $33,352
$64,939
2013
$730 (+1.3%)
$31,587 + $33,352
$64,939
2012
$721
$31,445 + $33,202
$64,647
2011
$720 (+2.8%)
$30,829 + $32,551
$63,380
2010
$701 (−36.7%)
$30,225 + $31,913
$62,138
2009
$1,107 (−51.7%)
$30,000 + $31,675
$61,675
2008
$2,293
$35,000 + $67,500
$102,500
Tax history for 1142 V St
Year
Property tax
Land + Additions
Assessment*
2026
$934 (+1.1%)
$39,491 + $41,695
$81,186
2025
$924 (+5.2%)
$39,491 + $41,695
$81,186
2024
$878 (+1.2%)
$38,717 + $40,878
$79,595
2023
$868 (+1.2%)
$37,958 + $40,077
$78,035
2022
$857
$37,214 + $39,292
$76,506
2021
$858 (−1.1%)
$36,485 + $38,522
$75,007
2020
$868 (+1.1%)
$35,770 + $37,767
$73,537
2019
$858 (+9.1%)
$35,404 + $37,380
$72,784
2018
$786 (−4.0%)
$34,710 + $36,648
$71,358
2017
$819 (+1.0%)
$33,363 + $35,226
$68,589
2016
$811 (+1.1%)
$33,363 + $35,226
$68,589
2015
$802 (+1.6%)
$32,709 + $34,536
$67,245
2014
$789 (+8.0%)
$31,587 + $33,352
$64,939
2013
$730 (+1.3%)
$31,587 + $33,352
$64,939
2012
$721
$31,445 + $33,202
$64,647
2011
$720 (+2.8%)
$30,829 + $32,551
$63,380
2010
$701 (−36.7%)
$30,225 + $31,913
$62,138
2009
$1,107 (−51.7%)
$30,000 + $31,675
$61,675
2008
$2,293
$35,000 + $67,500
$102,500
*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
7,500 Sq. Ft.
Year renovated
—
Sq. Ft.
787
Year built
1957
Style
Other
County
Merced County
APN
031274001000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 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
Garage
Has Parking
Interior
Interior Features
Levels: One
Exterior
Exterior Information
Roof: Composition
Construction Materials: Frame
Lot Information
Lot Size Source: Assessor's Data
Property Information
Parcel Number: 031274001
Utilities
Utilities Information
Water Source: District/Public
Well Pump Horsepower: 0.00
Location
Multi-Unit Information
Total Building Area: 800
Neighborhood Information
Community Features: Urban
Location Information
Latitude: 37.30129200
Longitude: -120.50141900
Directions: From 16th st, south on V st
Zoning: multi fa
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 787
Stories: 1.0
Lot Size: 7,500 square feet
Style: Other
Year Built: 1957
Year Renovated: —
County: Merced County
APN: 031274001000
Home facts updated by county records on Oct 9, 2026
Other
Listing Information
Days Active in MLS: 40
Continuous Days Active in MLS: 40
Listing Agent Information
List Agent First Name: Jeff
List Agent Last Name: Lawry
Co-List Agent First Name: Phillip
Co-List Agent Last Name: May
Listing Office Information
List Office Name: London Properties Ltd - Merced
Co-List Office Name: London Properties Ltd - Merced
Selling Agent Information
Buyer Agent First Name: Hazel
Buyer Agent Last Name: Wayman
Selling Office Information
Buyer Office Name: London Properties Ltd - Merced
Around this home
Schools
K - 12
Preschool & daycare
Leontine Gracey Elementary School
Public K-6 • Assigned • 0.2mi
5/10
Tenaya Middle School
Public 7-8 • Assigned • 0.8mi
3/10
El Capitan High
Public 9-12 • Assigned • 4.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% 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)
59°
39°
64°
45°
72°
48°
74°
49°
84°
55°
92°
61°
95°
63°
96°
64°
90°
62°
75°
53°
64°
46°
55°
44°
Jan
Feb
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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
$330,000 – $399,000
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