Great investor opportunity! Desirable location -This property is a quadplex with a unit mix of a 2 bedroom 1 bathroom unit, two(2) units with 1 bedroom 1 bathroom and one(1) studio. The close proximity to schools, parks and restaurants make it ideal for anyone. The alley entrance offers ample parking under covered patio with additional parking off the main street . Each of these units are occupied with long term tenants.
Multi-familyProperty Type
1910Year Built
7,500 sq ftLot Size
$285Est. Price/Sq.Ft.
Listed by Esteban Contreras•DRE #01975384• Central Valley Property Advisors
Contact: 661-617-0074
Bought with General NONMEMBER•DRE #01949479• NONMEMBER MRML
Great investor opportunity! Desirable location -This property is a quadplex with a unit mix of a 2 bedroom 1 bathroom unit, two(2) units with 1 bedroom 1 bathroom and one(1) studio. The close proximity to schools, parks and restaurants make it ideal for anyone. The alley entrance offers ample parking under covered patio with additional parking off the main street . Each of these units are occupied with long term tenants.
CRMLS #MD24139382
Oct 31, 2024
Sold
$500,000
$258/sq ft
Sep 19, 2024
Pending
—
Sep 10, 2024
Price Changed
$550,000
$283/sq ft
Sep 10, 2024
Price Changed
$525,000
$270/sq ft
Jul 23, 2024
Price Changed
$615,000
$317/sq ft
Jul 8, 2024
Listed
$645,000
$332/sq ft
APPFOLIO #3
May 16, 2024
Rental Removed
$900
$0/sq ft
Apr 26, 2024
Price Changed
$900
$0/sq ft
Apr 11, 2024
Listed for Rent
$915
$0/sq ft
APPFOLIO #1
Apr 10, 2024
Rental Removed
$915
$0/sq ft
Mar 26, 2024
Price Changed
$915
$0/sq ft
Mar 15, 2024
Listed for Rent
$950
$0/sq ft
Feb 3, 2022
Price Changed
$900
$0/sq ft
APPFOLIO #2
Dec 29, 2023
Rental Removed
$1,200
$1/sq ft
Dec 18, 2023
Price Changed
$1,200
$1/sq ft
Dec 2, 2023
Listed for Rent
$1,275
$1/sq ft
CRMLS #MC19258766
Mar 26, 2020
Listing Removed
—
Nov 5, 2019
Listed
$450,000
$232/sq ft
CRMLS #MC19261541
Mar 26, 2020
Listing Removed
—
Nov 4, 2019
Listed
$450,000
$232/sq ft
SDMLS #301765754
Nov 4, 2019
Listing Removed
—
Sep 11, 2019
Listed
$450,000
$232/sq ft
CRMLS #MC19221311
Nov 7, 2019
Listing Removed
—
Sep 11, 2019
Listed
$450,000
$232/sq ft
CRMLS #MC19219209
Nov 4, 2019
Listing Removed
—
Sep 11, 2019
Listed
$450,000
$232/sq ft
CRMLS #MC5019511
May 6, 2005
Sold
$415,000
$214/sq ft
Feb 9, 2005
Listed
$415,000
$214/sq ft
Public Records
Nov 7, 1990
Sold
$80,000
$41/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,565 (+23.6%)
$96,900 + $413,100
$510,000
2024
$4,503 (+7.0%)
$95,000 + $405,000
$500,000
2023
$4,206 (+15.6%)
$95,000 + $325,000
$420,000
2022
$3,639 (+24.1%)
$85,000 + $305,000
$390,000
2021
$2,933 (−1.8%)
$60,000 + $275,000
$335,000
2020
$2,986 (+5.5%)
$60,000 + $205,000
$265,000
2019
$2,832 (+22.1%)
$60,000 + $205,000
$265,000
2018
$2,320 (+3.9%)
$55,000 + $195,000
$250,000
2017
$2,233 (+4.8%)
$40,000 + $160,000
$200,000
2016
$2,131 (+26.7%)
$40,000 + $160,000
$200,000
2015
$1,682 (+11.2%)
$40,000 + $150,000
$190,000
2014
$1,513 (+25.4%)
$30,000 + $105,000
$135,000
2013
$1,207 (+4.2%)
$30,000 + $105,000
$135,000
2012
$1,158 (−77.0%)
$15,000 + $95,000
$110,000
2011
$5,032 (+2.9%)
$15,000 + $90,000
$105,000
2010
$4,892 (+3.4%)
$70,719 + $380,525
$451,244
2009
$4,731 (+3.1%)
$70,191 + $377,682
$447,873
2008
$4,591
$70,357 + $378,579
$448,936
Tax history for 228 W 21st St
Year
Property tax
Land + Additions
Assessment*
2025
$5,565 (+23.6%)
$96,900 + $413,100
$510,000
2024
$4,503 (+7.0%)
$95,000 + $405,000
$500,000
2023
$4,206 (+15.6%)
$95,000 + $325,000
$420,000
2022
$3,639 (+24.1%)
$85,000 + $305,000
$390,000
2021
$2,933 (−1.8%)
$60,000 + $275,000
$335,000
2020
$2,986 (+5.5%)
$60,000 + $205,000
$265,000
2019
$2,832 (+22.1%)
$60,000 + $205,000
$265,000
2018
$2,320 (+3.9%)
$55,000 + $195,000
$250,000
2017
$2,233 (+4.8%)
$40,000 + $160,000
$200,000
2016
$2,131 (+26.7%)
$40,000 + $160,000
$200,000
2015
$1,682 (+11.2%)
$40,000 + $150,000
$190,000
2014
$1,513 (+25.4%)
$30,000 + $105,000
$135,000
2013
$1,207 (+4.2%)
$30,000 + $105,000
$135,000
2012
$1,158 (−77.0%)
$15,000 + $95,000
$110,000
2011
$5,032 (+2.9%)
$15,000 + $90,000
$105,000
2010
$4,892 (+3.4%)
$70,719 + $380,525
$451,244
2009
$4,731 (+3.1%)
$70,191 + $377,682
$447,873
2008
$4,591
$70,357 + $378,579
$448,936
*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
4
Stories
2
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
—
Sq. Ft.
1,941
Year built
1910
Style
Other
County
Merced County
APN
030284006000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 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
Interior
Laundry Information
None
Kitchen Information
Appliances: Gas Oven, Refrigerator
Has Appliances
Cooling Information
Wall Window
Has Cooling
Interior Features
Entry Level: 1
Entry Location: W 228 21st street
Levels: One, Two
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 4
Common Walls: 1 common wall
Parcel Number: 030284006000
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $16,320
Utilities
Utilities Information
Sewer: Public Sewer
Location
Unit Type 1 Information
Unit Key Numeric: 11748857
Listing Key Numeric: 373022244
Actual Rent: $1,100
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,100
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11748858
Listing Key Numeric: 373022244
Actual Rent: $750
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $750
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 373022244
Unit Key Numeric: 11748859
Actual Rent: $900
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $900
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 373022244
Unit Key Numeric: 11748860
Actual Rent: $700
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $700
Total # of Units: 1
Expenses
Total: $16,320
Insurance: $2,435
Multi-Unit Information
Net Operating Income: $24,480
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: 1,941
Gross Scheduled Income: $40,800
Gross Income: $40,800
# Of Leased Units: 4
# Of Separate Water Meters: 4
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Neighborhood Information
Community Features: Sidewalks, Storm Drains, Street Lighting
Location Information
Latitude: 37.30372800
Longitude: -120.47738900
Directions: W 21st Street & Martin Luther King Jr Way
Zoning: R-2
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 1,941
Stories: 2.0
Lot Size: 7,500 square feet
Style: Other
Year Built: 1910
Year Renovated: —
County: Merced County
APN: 030284006000
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
IDX Contact Info: 661-617-0074
Days Active in MLS: 67
Continuous Days Active in MLS: 67
Listing Agent Information
List Agent First Name: Esteban
List Agent Last Name: Contreras
Listing Office Information
List Office Name: Central Valley Property Advisors
Selling Agent Information
Buyer Agent First Name: General
Buyer Agent Last Name: NONMEMBER
Selling Office Information
Buyer Office Name: NONMEMBER MRML
Around this home
Schools
Don Stowell Elementary School
Public K-6 • Assigned • 0.9mi
3/10
Herbert Hoover Middle School
Public 7-8 • Assigned • 0.7mi
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
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, 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
90
62
79
54
63
46
55
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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
$525,000 – $636,000
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