OPPORTUNITY KNOCKS!! Current rent is $3304.00 (will be $3473 beginning April 1, 2024; no foolin'). This is a great opportunity to add to your real estate portfolio or to start one. .. Or live in one unit and rent the other as your primary residence. This is another way to invest in your future. There is never a problem keeping them rented. One side is a 3 bedroom, 2 bath and the other is a 2 bedroom, 2 bath. They both have 2 car attached garages and a back yard. One of the units was recently renovated. They are in close proximity to 2 major shopping centers, including Food Maxx and Food 4 Less. Don't miss this opportunity!
Multi-familyProperty Type
1990Year Built
6,930 sq ftLot Size
$238Est. Price/Sq.Ft.
4 car garageParking
Listed by Jeff Lawry•DRE #01310152• London Properties Ltd - Merced
Contact: 209-261-8969
Bought with Luis Damian•DRE #02140733• First 1st Choice Realty Group
*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
5
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
6,930 Sq. Ft.
Year renovated
—
Sq. Ft.
2,287
Year built
1980
Style
Other
County
Merced County
APN
058181022000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
P-D
Planned Development District
The purpose of the planned development (P-D) zoning districts is to allow for high quality development that deviates from standards and regulations applicable to other zoning districts within Merced. The planned development zoning districts are intended to promote creativity in building design, flexibility in permitted land uses, and innovation in development concepts. The planned development zoning districts are also intended to ensure project consistency with the general plan. Planned development zoning districts provide land owners with enhanced flexibility to take advantage of unique site characteristics to develop projects that will provide public benefits for residents, employees, and visitors to Merced.
Permitted uses
Include but are not limited to:
No uses permitted by right
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 4
Garage - Rear Entry
Has Parking
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
In Garage
Cooling Information
Central
Has Cooling
Fireplace Information
Living Room
Has Fireplace
Flooring Information
Carpet, Tile
Heating Information
Central Furnace
Has Heating
Interior Features
Entry Level: 1
Entry Location: ground
Levels: One
Exterior
Exterior Information
Roof: Composition
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: 2
Common Walls: 1 common wall
Parcel Number: 058181022000
Attached Property
Property Condition: Updated/Remodeled
Total # of Stories: 1
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $5,138
Tenant Pays: Cable TV, Electricity, Gas
Total Actual Rent: $3,304
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 11724124
Listing Key Numeric: 372377797
Actual Rent: $1,694
Total # of Baths: 2
# of Baths Full: 2
Attached Garage: Yes
Total # of Beds: 3
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $1,694
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11724125
Listing Key Numeric: 372377797
Actual Rent: $1,610
Total # of Baths: 2
# of Baths Full: 2
Furnished: Unfurnished
Total # of Beds: 2
Attached Garage: Yes
# of Garage Spaces: 2
Total Rent: $1,610
Total # of Units: 1
Expenses
Total: $3,145
Insurance: $865
Water Sewer: $2,280
Multi-Unit Information
Net Operating Income: $34,510
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: 2,200
Gross Scheduled Income: $39,648
Gross Income: $39,648
# Of Leased Units: 2
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 2
# Of Separate Electric Meters: 2
# Of Buildings: 1
Neighborhood Information
Community Features: Suburban
Location Information
Latitude: 37.32083600
Longitude: -120.49392800
Directions: From Olive Ave to Madison Ct
Zoning: P-D
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 2,287
Stories: 1.0
Lot Size: 6,930 square feet
Style: Other
Year Built: 1980
Year Renovated: —
County: Merced County
APN: 058181022000
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
IDX Contact Info: 209-261-8969
Days Active in MLS: 7
Continuous Days Active in MLS: 7
Listing Agent Information
List Agent First Name: Jeff
List Agent Last Name: Lawry
Listing Office Information
List Office Name: London Properties Ltd - Merced
Selling Agent Information
Buyer Agent First Name: Luis
Buyer Agent Last Name: Damian
Selling Office Information
Buyer Office Name: First 1st Choice Realty Group
Around this home
Schools
Rudolph Rivera Elementary
Public K-6 • Assigned • 0.7mi
4/10
Rudolph Rivera Middle School
Public 7-8 • Assigned • 0.7mi
3/10
Merced High School
Public 9-12 • Assigned • 1.1mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
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 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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63
46
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43
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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
$499,000 – $604,000
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