INVESTORS!! Two lots listed together 308, 310, 312 W. 20th St. / 1927, 1935, 1943 Martin Luther King Jr. Way. 6 TOTAL UNITS located in an OPPORTUNITY ZONE (Census Tract 13.02), which includes special tax benefits, is being sold as two (2) lots combined with dedicated covered resident parking. This multi-family investment is in an emerging area, walking distance from the newly restored Downtown Merced, is a short drive to Merced College and UC Merced, in an area with strong rental growth. Close access to both public transportation, freeways and proposed HIGH-SPEED RAIL STATION. Properties contains (6) two bedroom/one bathroom units. Building has a good rental upside potential. Both buildings are located on the same lot with two separate parcel numbers. Excellent opportunity. Marketing package can be sent by request with more information. All units are currently being rented on month-to-month terms, except for one (1) unit which is partially through a year-long lease. This property is listed at $1.2 million dollars. A PERFECT 1031 opportunity!! Take advantage of income-producing investment and Opportunity Zone incentives and purchase an investment property in up and coming Merced. What more could you want from a rental property? THIS ONE HAS IT ALL!
Single-familyProperty Type
1966Year Built
0.31 acresLot Size
$241Price/Sq.Ft.
6 garage spacesParking
Listed by Zoe Alexander•DRE #02054494• Realty Executives of Northern Cal
Bought with General NONMEMBER•DRE #01334874• NONMEMBER MRML
bridgeMLS, Bay East AOR, or Contra Costa AOR #41128774
Sep 8, 2026
Listing Removed
—
Mar 27, 2026
Listed
*
APPFOLIO #1
Jan 2, 2025
Rental Removed
$1,350
$0/sq ft
Nov 13, 2024
Listed for Rent
$1,350
$0/sq ft
Public Records
Apr 19, 2023
Sold
$525,000
$121/sq ft
CRMLS #MC22213941
Apr 19, 2023
Sold
$1,050,000
$241/sq ft
Mar 8, 2023
Pending
—
Oct 2, 2022
Listed
$1,200,000
$275/sq ft
Knock knock…opportunity here! Are you looking to build your portfolio, or are you seeking a way to utilize a 1031 exchange or are you looking for a property with the benefit of a subsidized mortgage? Either way, this is the opportunity for you! Two lots listed together 308, 310, 312 W. 20th St. / 1927, 1935, 1943 Martin Luther King Jr. Way. 6 TOTAL UNITS located in an OPPORTUNITY ZONE (Census Tract 13.02), which includes special tax benefits, is being sold as two (2) lots combined with dedicated covered resident parking. This multi-family investment is in an emerging area, walking distance from the newly restored Downtown Merced, is a short drive to Merced College and UC Merced, in an area with strong rental growth. Close access to both public transportation, freeways and proposed HIGH-SPEED RAIL STATION. Properties contains (6) two bedroom/one bathroom units. Building has a good rental upside potential. Both buildings are located on the same lot with two separate parcel numbers. Excellent opportunity. Marketing package can be sent by request with more information. All units are currently being rented on month-to-month terms, except for one (1) unit which is partially through a year-long lease. This property is listed at $1.2 million dollars. A PERFECT 1031 OPPORTUNITY!! Take advantage of income-producing investment and Opportunity Zone incentives and purchase an investment property in up and coming Merced. What more could you want from a rental property? THIS ONE HAS IT ALL!
CRMLS #MP22203016
Apr 20, 2023
Sold
$1,050,000
$241/sq ft
Apr 12, 2023
Pending
—
Mar 9, 2023
Contingent
—
Sep 16, 2022
Listed
$1,200,000
$275/sq ft
Public Records
Dec 24, 2015
Sold
$210,000
$48/sq ft
CRMLS #MC12073001
Nov 1, 2013
Listing Removed
—
May 13, 2013
Relisted
—
Apr 22, 2013
Listing Removed
—
Feb 22, 2013
Pending
—
Feb 12, 2013
Relisted
—
Feb 1, 2013
Listing Removed
—
Jan 17, 2013
Relisted
—
Dec 12, 2012
Delisted
—
Jun 11, 2012
Listed
$300,000
$69/sq ft
CRMLS #MC3205600
Aug 16, 2011
Listing Removed
—
Jul 28, 2011
Pending
—
Jun 12, 2011
Listed
$350,000
$80/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,077 (+5.7%)
$90,202 + $466,931
$557,133
2024
$5,747 (+326.5%)
$88,434 + $457,776
$546,210
2023
$1,347 (+1.4%)
$86,700 + $448,800
$535,500
2022
$1,329 (+0.1%)
$45,510 + $73,956
$119,466
2021
$1,327 (−0.7%)
$44,618 + $72,506
$117,124
2020
$1,337 (+4.6%)
$43,744 + $71,085
$114,829
2019
$1,278 (+9.7%)
$43,296 + $70,357
$113,653
2018
$1,166 (−3.7%)
$42,448 + $68,978
$111,426
2017
$1,210 (+1.5%)
$40,800 + $66,300
$107,100
2016
$1,192 (−1.0%)
$40,800 + $66,300
$107,100
2015
$1,204 (+2.2%)
$40,000 + $65,000
$105,000
2014
$1,178 (+2.7%)
$41,024 + $63,166
$104,190
2013
$1,148 (+1.5%)
$41,024 + $63,166
$104,190
2012
$1,131
$40,839 + $62,881
$103,720
2011
$1,130 (+2.9%)
$40,039 + $61,649
$101,688
2010
$1,098 (+3.3%)
$39,254 + $60,441
$99,695
2009
$1,063 (+3.0%)
$38,961 + $59,990
$98,951
2008
$1,032
$39,053 + $60,132
$99,185
Tax history for 308 W 20th St
Year
Property tax
Land + Additions
Assessment*
2025
$6,077 (+5.7%)
$90,202 + $466,931
$557,133
2024
$5,747 (+326.5%)
$88,434 + $457,776
$546,210
2023
$1,347 (+1.4%)
$86,700 + $448,800
$535,500
2022
$1,329 (+0.1%)
$45,510 + $73,956
$119,466
2021
$1,327 (−0.7%)
$44,618 + $72,506
$117,124
2020
$1,337 (+4.6%)
$43,744 + $71,085
$114,829
2019
$1,278 (+9.7%)
$43,296 + $70,357
$113,653
2018
$1,166 (−3.7%)
$42,448 + $68,978
$111,426
2017
$1,210 (+1.5%)
$40,800 + $66,300
$107,100
2016
$1,192 (−1.0%)
$40,800 + $66,300
$107,100
2015
$1,204 (+2.2%)
$40,000 + $65,000
$105,000
2014
$1,178 (+2.7%)
$41,024 + $63,166
$104,190
2013
$1,148 (+1.5%)
$41,024 + $63,166
$104,190
2012
$1,131
$40,839 + $62,881
$103,720
2011
$1,130 (+2.9%)
$40,039 + $61,649
$101,688
2010
$1,098 (+3.3%)
$39,254 + $60,441
$99,695
2009
$1,063 (+3.0%)
$38,961 + $59,990
$98,951
2008
$1,032
$39,053 + $60,132
$99,185
*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
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,000 Sq. Ft.
Year renovated
—
Sq. Ft.
726
Year built
1966
Style
Other
County
Merced County
APN
031071005000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
R-4
High Density Residential District
The R-4 zoning district provides an area for the highest density residential uses in Merced. Permitted uses include single-family dwellings, duplex homes, multi-family dwellings, single room occupancy housing, and other land uses typically compatible with a high-density residential setting in close proximity to shopping, transportation, and other facilities.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Office-Other
Property details
Parking
Parking / Garage Information
Attached Garage
# of Carport Spaces: 6
# of Garage Spaces: 6
# of Parking Spaces: 12
Interior
Laundry Information
Has Laundry
Washer Hookup
Bathroom Information
# of Baths (Full): 6
Cooling Information
Wall Window
Has Cooling
Room Information
Living Room
Heating Information
Wall Heater
Has Heating
Interior Features
Levels: One
Main Level Bathrooms: 6
Main Level Bedrooms: 12
Exterior
Exterior Information
Structure Type: Mixed Use
Roof: Composition
Exterior Features
Pool Features: None
Lot Information
Additional Parcels Description: 031071006000
Additional Parcels
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Corner Lot, Front Yard, Yard
Property Information
Total # of Units: 6
Common Walls: 2+ common walls, No one above, No one below
Living Area Source: Assessor's Data
Parcel Number: 031071005000
Attached Property
Total # of Stories: 1
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Telephone - On Property, Sewer Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting, Suburban
School Information
High School District: Merced City
Location Information
Latitude: 37.30316200
Longitude: -120.47912900
Directions: Located at the corner of West 20th St. and Martin Luther King Jr. Way
Zoning: MULTI-FAM
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 726
Stories: 1.0
Lot Size: 6,000 square feet
Style: Other
Year Built: 1966
Year Renovated: —
County: Merced County
APN: 031071005000
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
Days Active in MLS: 173
Continuous Days Active in MLS: 173
Listing Agent Information
List Agent First Name: Zoe
List Agent Last Name: Alexander
Listing Office Information
List Office Name: Realty Executives of Merced
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 • 0.8mi
3/10
Herbert Hoover Middle School
Public 7-8 • Assigned • 0.8mi
5/10
Merced High School
Public 9-12 • Assigned • 1.2mi
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 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)
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64
90
62
79
54
63
46
55
43
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
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