Two adjacent MULTI-RESIDENTIAL lots for sale, centrally located in the within city limits. Merced has been coined as The City On The Rise and is one of the fastest growing county's in the state! Seller has plans for a 6 unit apartment complex. Both lots together will consist of just under a half acre with room for potentially more units. This location is just a short drive to UC Merced, one of the fastest growing UC's in the state. The vacancy rates in Merced are already historically low making it a perfect time to add a multi-residential property to the market. With UC Merced's 2020 Plan, student count is expected to be around 10,000 by the year 2020. Merced College, Mercy Medical Center, Merced High School, Chenoweth Elementary, Merced Mall are also just a short drive away. You also have Downtown Merced which is on the path of REVITALIZATION with new hotels, plenty of restaurants, theatre, nightlife and the future hub for the ACE Train and High Speed Rail!
Vacant landProperty Type
0.45 acresLot Size
$828,248Price/Acres
Listed by Ernesto Ochoa•DRE #01247053• London Properties Ltd, Atwater
Bought with Norma Lopez•DRE #01936425• Property Team
Two adjacent MULTI-RESIDENTIAL lots for sale, centrally located in the within city limits. Merced has been coined as The City On The Rise and is one of the fastest growing county's in the state! Seller has plans for a 6 unit apartment complex. Both lots together will consist of just under a half acre with room for potentially more units. This location is just a short drive to UC Merced, one of the fastest growing UC's in the state. The vacancy rates in Merced are already historically low making it a perfect time to add a multi-residential property to the market. With UC Merced's 2020 Plan, student count is expected to be around 10,000 by the year 2020. Merced College, Mercy Medical Center, Merced High School, Chenoweth Elementary, Merced Mall are also just a short drive away. You also have Downtown Merced which is on the path of REVITALIZATION with new hotels, plenty of restaurants, theatre, nightlife and the future hub for the ACE Train and High Speed Rail!
Public Records
Dec 8, 2016
Sold
$97,000
CRMLS #MC7102971
Jul 31, 2008
Listing Removed
—
Nov 2, 2007
Listed
$375,000
CRMLS #MC6014258
Jul 31, 2008
Listing Removed
—
Feb 15, 2006
Listed
$375,000
CRMLS #MC4067906
Oct 23, 2004
Listing Removed
—
Jul 23, 2004
Listed
$150,000
Year
Property tax
Land + Additions
Assessment*
2026
$3,546 (+2.5%)
$92,006 + $232,613
$324,619
2025
$3,461 (+5.8%)
$92,006 + $232,613
$324,619
2024
$3,271 (+1.5%)
$90,202 + $228,052
$318,254
2023
$3,225 (+1.4%)
$88,434 + $223,581
$312,015
2022
$3,180 (+60.2%)
$86,700 + $219,198
$305,898
2021
$1,985
$85,000 + $214,900
$299,900
Tax history for 1406 E Alexander Ave
Year
Property tax
Land + Additions
Assessment*
2026
$3,546 (+2.5%)
$92,006 + $232,613
$324,619
2025
$3,461 (+5.8%)
$92,006 + $232,613
$324,619
2024
$3,271 (+1.5%)
$90,202 + $228,052
$318,254
2023
$3,225 (+1.4%)
$88,434 + $223,581
$312,015
2022
$3,180 (+60.2%)
$86,700 + $219,198
$305,898
2021
$1,985
$85,000 + $214,900
$299,900
*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
6,567 Sq. Ft.
Year renovated
—
Sq. Ft.
1,724
Year built
2021
Style
Single Family Residential
County
Merced County
APN
007121090000
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
Exterior
Lot Information
Distance To Water Comments: Unknown
Current Use Comments: Open Lot. Structure has no value.
Elevation Units: Feet
Lot Size Source: Seller
Lot Features: Lot Over 40000 Sqft, Lot Shape-Rectangular, Tear Down
Property Information
Parcel Number: 007121029000
Has View
Utilities
Utilities Information
Water Source: Other
Location
Neighborhood Information
Community Features: Curbs, Sidewalks, Street Lighting
Location Information
Latitude: 37.31544400
Longitude: -120.45460000
Directions: From Olive Ave, go south on Nottingham Lane, then right on Alexander Ave
Road Frontage Type: Access via City Streets
Zoning: R-2
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,724
Stories: 1.0
Lot Size: 6,567 square feet
Style: Single Family Residential
Year Built: 2021
Year Renovated: —
County: Merced County
APN: 007121090000
Home facts updated by county records on Oct 9, 2026
Other
Listing Information
Days Active in MLS: 24
Continuous Days Active in MLS: 24
Listing Agent Information
List Agent First Name: Ernie
List Agent Last Name: Ochoa
Listing Office Information
List Office Name: London Properties Ltd, Atwater
Selling Agent Information
Buyer Agent First Name: Norma
Buyer Agent Last Name: Lopez
Selling Office Information
Buyer Office Name: Property Team
Around this home
Schools
Luther Burbank Elementary School
Public K-6 • Assigned • 0.5mi
5/10
Herbert Hoover Middle School
Public 7-8 • Assigned • 1.0mi
5/10
Merced High School
Public 9-12 • Assigned • 1.1mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 19-29% chance 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)
59
39
63
44
70
47
73
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
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.2 hours in
June and 4.4 hours in December, placing it above the
U.S. average for solar exposure.
13.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$355,000 – $429,000
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