Are you searching for your next great multifamily investment in Merced? Look no further. This well-maintained four-unit property offers tremendous potential for a fantastic possibility. Conveniently tucked away, this property has consistently attracted excellent tenants, including several long-term residents. With the opportunity to increase rents, this investment offers a strong potential cap rate. Call me for more information today!
Multi-familyProperty Type
1960Year Built
7,500 sq ftLot Size
$248Est. Price/Sq.Ft.
Listed by Eric Jaurique-Pouncey•DRE #02154006• BHGRE Everything Real Estate
Contact: 209-769-3934
Bought with Jose Cibrian•DRE #01976111• Exit Realty Consultants
*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
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
—
Sq. Ft.
1,344
Year built
1953
Style
Other
County
Merced County
APN
031281008000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
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
Interior
Laundry Information
Has Laundry
Individual Room
Cooling Information
Central
Has Cooling
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: Front
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Lot 6500-9999
Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 031281008000
Attached Property
Total # of Stories: 1
Year Built Source: Seller
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $12,650
Other Expense: $1,293
Other Expense Description: Taxes
Tenant Pays: Electricity, Gas
Total Actual Rent: $30,060
Utilities
Utilities Information
Sewer: Public Sewer
Sewer Connected, Water Connected
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 11753367
Listing Key Numeric: 373143433
Actual Rent: $525
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $6,300
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11753368
Listing Key Numeric: 373143433
Actual Rent: $900
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $10,800
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 373143433
Unit Key Numeric: 11753369
Actual Rent: $600
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $7,200
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 373143433
Unit Key Numeric: 11753370
Actual Rent: $600
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $7,200
Total # of Units: 1
Expenses
Total: $12,650
Maintenance: $1,681.50
Insurance: $2,714
Water Sewer: $4,555
Multi-Unit Information
Net Operating Income: $17,410
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: 2,088
Gross Scheduled Income: $30,060
Gross Income: $30,060
# Of Leased Units: 4
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 2
Neighborhood Information
Community Features: Sidewalks, Storm Drains
Location Information
Latitude: 37.30131700
Longitude: -120.49958600
Directions: West on 16th St, Left on V St, Left on 12th St and left on U St, Property is on the right
Zoning: R-3-1.5
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,344
Stories: 1.0
Lot Size: 7,500 square feet
Style: Other
Year Built: 1953
Year Renovated: —
County: Merced County
APN: 031281008000
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
IDX Contact Info: 209-769-3934
Days Active in MLS: 87
Continuous Days Active in MLS: 87
Listing Agent Information
List Agent First Name: Eric
List Agent Last Name: Jaurique-Pouncey
Listing Office Information
List Office Name: BHGRE Everything Real Estate
Selling Agent Information
Buyer Agent First Name: Jose
Buyer Agent Last Name: Cibrian
Selling Office Information
Buyer Office Name: Exit Realty Consultants
Around this home
Schools
Leontine Gracey Elementary School
Public K-6 • Assigned • 0.4mi
5/10
Tenaya Middle School
Public 7-8 • Assigned • 0.7mi
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
8/10 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 • 95341
Average low and high temperatures (°F)
59
39
64
45
72
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49
84
55
92
61
95
63
96
64
90
62
80
54
64
46
55
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
Nov
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
$492,000 – $596,000
Sell confidently with a local market expert in Merced. 3 minutes to get started.