GREAT INCOME OPPORTUNITY in Merced! This 4 unit complex offers a great opportunity to invest in Merced home of UC Merced! These units are in great condition and have a lot of opportunity for greater income. This 4 plex is close to Golden Valley High School, Highway 99, and a new shopping center that features KFC and Steak and Shake.
Multi-familyProperty Type
1980Year Built
7,500 sq ftLot Size
$100Price/Sq.Ft.
Listed by Jeff Lawry•DRE #01310152• London Properties Ltd - Merced
Bought with William Baker•DRE #00939260• Homenet Realty
GREAT INCOME OPPORTUNITY in Merced! This 4 unit complex offers a great opportunity to invest in Merced home of UC Merced! These units are in great condition and have a lot of opportunity for greater income. This 4 plex is close to Golden Valley High School, Highway 99, and a new shopping center that features KFC and Steak and Shake.
GREAT INCOME OPPORTUNITY in Merced! This 4 unit complex offers a great opportunity to invest in Merced home of UC Merced! These units are in great condition and have a lot of opportunity for greater income. This 4 plex is close to Golden Valley High School, Highway 99, and a new shopping center that features KFC and Steak and Shake.
CRMLS #MC18071798
May 2, 2018
Sold
$320,000
$100/sq ft
Apr 9, 2018
Pending
—
Mar 29, 2018
Listed
$329,000
$103/sq ft
CRMLS #MC3202289
May 25, 2010
Sold
$101,000
$32/sq ft
Mar 24, 2010
Listing Removed
—
Mar 10, 2010
Listed
$84,900
$27/sq ft
Here is your chance to become owner of a four plex. Price under $85K. Some of the units have been updated and some are not. There's a shared laundry room on property. Close to walk to the new shopping center on Yosemite Pkwy. Each unit is 2bd/1ba and are approx. 800 sqft.
CRMLS #MC8120385
Jul 15, 2009
Listing Removed
—
Jan 2, 2009
Listed
$99,900
$31/sq ft
CRMLS #MC3085766
Jan 29, 2004
Sold
$350,000
$109/sq ft
Sep 26, 2003
Listed
$405,000
$127/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,111 (+1.2%)
$46,420 + $324,264
$370,684
2025
$4,063 (+5.0%)
$46,420 + $324,264
$370,684
2024
$3,870 (+2.5%)
$45,510 + $317,906
$363,416
2023
$3,776 (+0.5%)
$44,618 + $311,673
$356,291
2022
$3,759 (−0.1%)
$43,744 + $305,562
$349,306
2021
$3,764 (+1.0%)
$42,887 + $299,571
$342,458
2020
$3,725 (+1.9%)
$42,047 + $293,698
$335,745
2019
$3,654 (+184.4%)
$41,616 + $290,687
$332,303
2018
$1,285 (+1.6%)
$40,800 + $284,988
$325,788
2017
$1,264 (−0.8%)
$22,242 + $89,419
$111,661
2016
$1,274 (+3.0%)
$22,242 + $89,419
$111,661
2015
$1,237 (+2.8%)
$21,806 + $87,666
$109,472
2014
$1,203 (+1.3%)
$21,059 + $84,659
$105,718
2013
$1,188 (+0.7%)
$21,059 + $84,659
$105,718
2012
$1,180 (+1.6%)
$20,964 + $84,277
$105,241
2011
$1,161 (−73.5%)
$20,553 + $82,625
$103,178
2010
$4,378 (+3.5%)
$20,150 + $81,005
$101,155
2009
$4,229 (+4.9%)
$82,608 + $301,800
$384,408
2008
$4,033
$82,804 + $302,516
$385,320
Tax history for 1535 Ellen Ct
Year
Property tax
Land + Additions
Assessment*
2026
$4,111 (+1.2%)
$46,420 + $324,264
$370,684
2025
$4,063 (+5.0%)
$46,420 + $324,264
$370,684
2024
$3,870 (+2.5%)
$45,510 + $317,906
$363,416
2023
$3,776 (+0.5%)
$44,618 + $311,673
$356,291
2022
$3,759 (−0.1%)
$43,744 + $305,562
$349,306
2021
$3,764 (+1.0%)
$42,887 + $299,571
$342,458
2020
$3,725 (+1.9%)
$42,047 + $293,698
$335,745
2019
$3,654 (+184.4%)
$41,616 + $290,687
$332,303
2018
$1,285 (+1.6%)
$40,800 + $284,988
$325,788
2017
$1,264 (−0.8%)
$22,242 + $89,419
$111,661
2016
$1,274 (+3.0%)
$22,242 + $89,419
$111,661
2015
$1,237 (+2.8%)
$21,806 + $87,666
$109,472
2014
$1,203 (+1.3%)
$21,059 + $84,659
$105,718
2013
$1,188 (+0.7%)
$21,059 + $84,659
$105,718
2012
$1,180 (+1.6%)
$20,964 + $84,277
$105,241
2011
$1,161 (−73.5%)
$20,553 + $82,625
$103,178
2010
$4,378 (+3.5%)
$20,150 + $81,005
$101,155
2009
$4,229 (+4.9%)
$82,608 + $301,800
$384,408
2008
$4,033
$82,804 + $302,516
$385,320
*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
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7,585 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Merced County
APN
035150049000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
R-3-2
Medium Density Residential-2 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-3-2 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
See Remarks
Cooling Information
Central
Has Cooling
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: Two
Exterior
Exterior Information
Roof: Composition
Construction Materials: Stucco
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Cul-De-Sac
Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 035150049
Attached Property
Has View
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $7,832
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 10438180
Listing Key Numeric: 314026004
Actual Rent: $565
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $565
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10438181
Listing Key Numeric: 314026004
Actual Rent: $550
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $550
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 314026004
Unit Key Numeric: 10438182
Actual Rent: $550
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $550
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 314026004
Unit Key Numeric: 10438183
Actual Rent: $675
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $675
Total # of Units: 1
Multi-Unit Information
Net Operating Income: $18,727
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: 3,200
Gross Scheduled Income: $26,559
Gross Income: $26,559
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Neighborhood Information
Community Features: Sidewalks, Street Lighting
Location Information
Latitude: 37.29011900
Longitude: -120.45377300
Directions: From Parsons, west on Merced Ave, left at Ellen Ct
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7,585 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Merced County
APN: 035150049000
Home facts updated by county records on Oct 9, 2026
Other
Listing Information
Days Active in MLS: 9
Continuous Days Active in MLS: 9
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: Bill
Buyer Agent Last Name: Baker
Selling Office Information
Buyer Office Name: Homenet Realty
Around this home
Schools
K - 12
Preschool & daycare
Pioneer Elementary School
Public K-5 • Assigned • 1.3mi
5/10
Weaver Middle School
Public 6-8 • Assigned • 1.2mi
5/10
Golden Valley High School
Public 9-12 • Assigned • 0.2mi
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 104° 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
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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
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