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Off Market Jul 2023 for $6.2M

—

Est. refi paymentEst. refi $28,691/mo

•

29,160

sq ft

3270 Denver Ave, Merced, CA 95348

About this home

We are pleased to present "Yosemite Apartments". Yosemite apartments is a beautiful, impeccably maintained, 50 unit, multifamily investment opportunity, located in heart of Merced County. The asset has an Incredible unit mix, comprised of 20 - 2 bed x 1 bath units. 20 – 1 bed x 1 baths & 10 studios. Situated on 2.3 acres of beautifully manicured grounds. The asset boasts a large onsite swimming pool, nicely renovated laundry room, workshop, storage/tool shed, 50 covered parking spaces, 16 uncovered, with three handicap. The asset is currently 100% occupied, with waiting list. In place rents are approximately 20% below market, in current condition. ADU opportunity, prospective investor is advised to call City Of Merced for confirmation on ADU potential. The building is located in close proximity to Downtown Merced, ten minutes to UC Merced, 90 minutes to San Francisco & world renowned Yosemite National Park. Seller financing is available to qualified buyer, at extremely competitive rates.

Multi-familyProperty Type

1983Year Built

2.3 acresLot Size

$213Price/Sq.Ft.

69 spacesParking

Listed by Cameron Jacques •DRE #01852032 • Kinnery's Brokerage House

Contact: 310-490-8134

Bought with Tony Alahverdi •DRE #02036996 • PWNONMEMBER

Redfin checked: 3 minutes ago

•Source:CRMLS #PW23055035

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 95348, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.4%

+0.3% MoM

Median sale price

$420K

$3K MoM

Avg. days on market

39d

12 days MoM

Recently sold homes

14 MoM

New listings for sale

NEW 5 HRS AGO
$465,000
5 beds3 baths2,352 sq ft
1260 Brightday, Merced, CA 95348
NEW 9 HRS AGO
$349,999
3 beds2 baths1,106 sq ft
4039 Cinnabar Ave, Merced, CA 95348
PMZ Real Estate, PMZ Real Estate
NEW 16 HRS AGO
$450,000
4 beds2 baths1,894 sq ft
1317 Derby Dr, Merced, CA 95348
PMZ Real Estate, PMZ Real Estate
$365,000
3 beds2 baths1,176 sq ft
2129 Balboa, Merced, CA 95348
$335,000
4 beds2 baths1,344 sq ft
1903 Belcher Ave, Merced, CA 95348
Coldwell Banker Kaljian & Associates
VIDEO TOUR
$395,000
3 beds2 baths1,455 sq ft
565 Tolman Way, Merced, CA 95348
$325,000
3 beds1 bath1,036 sq ft
2574 Beachwood, Merced, CA 95348
$550,000
5 beds2.5 baths2,374 sq ft
1445 San Simeon Ct, Merced, CA 95348
$515,000
4 beds2.5 baths1,941 sq ft
4180 Adobe Ct, Merced, CA 95348
See all

Provided by Redfin

Sale history for 3270 Denver Ave

Date

Event

Price

APPFOLIO #5

Aug 15, 2024

Rental Removed

$850

$0/sq ft

Jul 19, 2024

Listed for Rent

$850

$0/sq ft

APPFOLIO #4

Apr 25, 2024

Rental Removed

$1,050

$0/sq ft

Apr 10, 2024

Listed for Rent

$1,050

$0/sq ft

APPFOLIO #3

Mar 13, 2024

Rental Removed

$900

$0/sq ft

Mar 13, 2024

Listed for Rent

$900

$0/sq ft

APPFOLIO #2

Mar 13, 2024

Rental Removed

$900

$0/sq ft

Mar 13, 2024

Listed for Rent

$1,050

$0/sq ft

APPFOLIO #1

Sep 25, 2023

Rental Removed

$850

$0/sq ft

Sep 22, 2023

Listed for Rent

$850

$0/sq ft

CRMLS #PW23055035

Jul 21, 2023

Sold

$6,200,000

$213/sq ft

May 28, 2023

Contingent

—

Apr 4, 2023

Listed

$6,750,000

$231/sq ft

Public Records

Apr 16, 2004

Sold

$2,950,000

$101/sq ft

Public Records

Sep 20, 2002

Sold

$2,225,000

$76/sq ft

Public Records

Jun 22, 1992

Sold

$393,500

$13/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$70,090 (+5.8%)

$260,100 + $6,172,173

$6,432,273

2024

$66,264 (+49.5%)

$255,000 + $6,051,150

$6,306,150

2023

$44,337 (+1.3%)

$250,000 + $5,932,500

$6,182,500

2022

$43,776 (+0.2%)

$341,347 + $3,764,620

$4,105,967

2021

$43,684 (−0.8%)

$334,654 + $3,690,804

$4,025,458

2020

$44,048 (+1.5%)

$328,093 + $3,618,436

$3,946,529

2019

$43,395 (+9.6%)

$324,729 + $3,581,334

$3,906,063

2018

$39,602 (−3.7%)

$318,362 + $3,511,112

$3,829,474

2017

$41,113 (+227.2%)

$306,000 + $3,374,772

$3,680,772

2016

$12,565 (+1.6%)

$306,000 + $3,374,772

$3,680,772

2015

$12,369 (+2.2%)

$159,154 + $945,597

$1,104,751

2014

$12,105 (+3.0%)

$153,694 + $913,150

$1,066,844

2013

$11,752 (−20.8%)

$153,694 + $913,150

$1,066,844

2012

$14,847 (+5.5%)

$153,000 + $909,024

$1,062,024

2011

$14,068 (+2.1%)

$150,000 + $1,195,000

$1,345,000

2010

$13,780 (+9.2%)

$250,000 + $1,000,000

$1,250,000

2009

$12,620 (−38.3%)

$250,000 + $1,000,000

$1,250,000

2008

$20,443

$150,000 + $1,037,000

$1,187,000

Tax history for 3270 Denver Ave

Year

Property tax

Land + Additions

Assessment*

2025

$70,090 (+5.8%)

$260,100 + $6,172,173

$6,432,273

2024

$66,264 (+49.5%)

$255,000 + $6,051,150

$6,306,150

2023

$44,337 (+1.3%)

$250,000 + $5,932,500

$6,182,500

2022

$43,776 (+0.2%)

$341,347 + $3,764,620

$4,105,967

2021

$43,684 (−0.8%)

$334,654 + $3,690,804

$4,025,458

2020

$44,048 (+1.5%)

$328,093 + $3,618,436

$3,946,529

2019

$43,395 (+9.6%)

$324,729 + $3,581,334

$3,906,063

2018

$39,602 (−3.7%)

$318,362 + $3,511,112

$3,829,474

2017

$41,113 (+227.2%)

$306,000 + $3,374,772

$3,680,772

2016

$12,565 (+1.6%)

$306,000 + $3,374,772

$3,680,772

2015

$12,369 (+2.2%)

$159,154 + $945,597

$1,104,751

2014

$12,105 (+3.0%)

$153,694 + $913,150

$1,066,844

2013

$11,752 (−20.8%)

$153,694 + $913,150

$1,066,844

2012

$14,847 (+5.5%)

$153,000 + $909,024

$1,062,024

2011

$14,068 (+2.1%)

$150,000 + $1,195,000

$1,345,000

2010

$13,780 (+9.2%)

$250,000 + $1,000,000

$1,250,000

2009

$12,620 (−38.3%)

$250,000 + $1,000,000

$1,250,000

2008

$20,443

$150,000 + $1,037,000

$1,187,000

*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

2.3 Acres

Year renovated

—

Sq. Ft.

7,499

Year built

1983

Style

Other

County

Merced County

APN

058173001000

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
Uncovered Spaces: 19
# of Carport Spaces: 50
Assigned, Carport Detached
Has Parking
# of Parking Spaces: 69

Interior

Laundry Information
Has Laundry
Community

Kitchen Information
Appliances: Gas Oven, Gas Water Heater, Refrigerator
Has Appliances

Cooling Information
Central
Has Cooling

Flooring Information
Carpet, Tile

Heating Information
Central Furnace
Has Heating

Interior Features
Entry Level: 1
Entry Location: 1
Levels: One, Two
Security Features: Carbon Monoxide Detector(s), Smoke Detector

Exterior

Exterior Information
Roof: Composition
Other Structures: Storage Building, Shop
Fencing: Blockwall
Has Fence

Exterior Features
Pool Features: Community Pool, Gunite

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Size Dimensions: 296' x 358'
Lot Features: Greenbelt, Lot Shape-Rectangular
Lot Dimensions Source: Assessor

Property Information
Common Interest: Community Apartment
Total # of Units: 50
Accessibility Features: Parking
Common Walls: 2+ common walls
Parcel Number: 058173001000
Attached Property
Total # of Stories: 2
Has View
Year Built Source: Assessor

Financial

Lease / Rental Details
Operating Expense: $254,984
Tenant Pays: Electricity, Gas

Utilities

Utilities Information
Sewer: Public Sewer
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Water Source: District/Public

Location

Unit Type 1 Information
Unit Key Numeric: 11672216
Listing Key Numeric: 371192135
Actual Rent: $12,217
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $244,349
Total # of Units: 20

Unit Type 2 Information
Unit Key Numeric: 11672217
Listing Key Numeric: 371192135
Actual Rent: $10,926
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $218,520
Total # of Units: 20

Unit Type 3 Information
Listing Key Numeric: 371192135
Unit Key Numeric: 11672218
Actual Rent: $8,916
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total Rent: $89,160
Total # of Units: 10

Expenses
Total: $254,984

Multi-Unit Information
# of Units With Refrigerator: 50
# of Units With Range: 50
Net Operating Income: $333,116
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 729
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 529
Sq. Ft.
Total Building Area: 29,160
Gross Scheduled Income: $566,429
Gross Operating Income: $555,100
Gross Multiplier: 10.9
Gross Income: $566,429
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 51
# Of Separate Electric Meters: 51
# Of Buildings: 6
Vacancy Allowance Rate: 2
Vacancy Allowance: 11329

Homeowners Association
Association Amenities: Barbecue, Picnic Area, Storage Area, Sewer

Neighborhood Information
Community Features: Biking, BLM/National Forest, Curbs, Foothills, Golf Course, Hiking, Gutters, Lake, Horse Trails, Park, Sidewalks, Street Lighting, Suburban

Location Information
Latitude: 37.32239000
Longitude: -120.49210700
Directions: Downtown Merced - Mgr cross st: W. Olive & R Street.
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Zoning: P-D

Public facts

Beds: 16
Baths: 12.0
Sq. Ft.: 7,499
Stories: 2.0
Lot Size: 2.3 acres
Style: Other
Year Built: 1983
Year Renovated: —
County: Merced County
APN: 058173001000

Home facts updated by county records on Aug 26, 2026

Other

Listing Information
IDX Contact Info: 310-490-8134
Days Active in MLS: 53
Continuous Days Active in MLS: 53

Listing Agent Information
List Agent First Name: Cameron
List Agent Last Name: Jacques

Listing Office Information
List Office Name: Kinnery's Brokerage House

Selling Agent Information
Buyer Agent First Name: Tony
Buyer Agent Last Name: Alahverdi

Selling Office Information
Buyer Office Name: TAG Realty Inc

Around this home

Schools

Rudolph Rivera Elementary

Public K-6 • Assigned • 0.6mi

4/10

Rudolph Rivera Middle School

Public 7-8 • Assigned • 0.6mi

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

2/10 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 • 95348

Average low and high temperatures (°F)

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

Sell confidently with a local market expert in Merced. 3 minutes to get started.

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New listings for sale in 95348

NEW 5 HRS AGO

$465,000

5 beds3 baths2,352 sq ft

1260 Brightday, Merced, CA 95348

NEW 9 HRS AGO

$349,999

3 beds2 baths1,106 sq ft

4039 Cinnabar Ave, Merced, CA 95348

PMZ Real Estate, PMZ Real Estate

NEW 16 HRS AGO

$450,000

4 beds2 baths1,894 sq ft

1317 Derby Dr, Merced, CA 95348

PMZ Real Estate, PMZ Real Estate

$365,000

3 beds2 baths1,176 sq ft

2129 Balboa, Merced, CA 95348

$335,000

4 beds2 baths1,344 sq ft

1903 Belcher Ave, Merced, CA 95348

Coldwell Banker Kaljian & Associates

VIDEO TOUR

$395,000

3 beds2 baths1,455 sq ft

565 Tolman Way, Merced, CA 95348

$325,000

3 beds1 bath1,036 sq ft

2574 Beachwood, Merced, CA 95348

$550,000

5 beds2.5 baths2,374 sq ft

1445 San Simeon Ct, Merced, CA 95348

$515,000

4 beds2.5 baths1,941 sq ft

4180 Adobe Ct, Merced, CA 95348

Home values near 3270 Denver Ave

Data from public records.

Address	Redfin Estimate
3243 Denver Avenue, Merced, CA 5 Beds \| 4 Baths \| 2287 Sq. Ft.	$515,653
3225 Denver Avenue, Merced, CA 5 Beds \| 4 Baths \| 2287 Sq. Ft.	$457,492

Address	Redfin Estimate
3227 Denver Avenue, Merced, CA 5 Beds \| 4 Baths \| 2287 Sq. Ft.	$539,911
3219 Denver Avenue, Merced, CA 8 Beds \| 6 Baths \| 2460 Sq. Ft.	$491,484

Address	Redfin Estimate
3251 Denver Avenue, Merced, CA 5 Beds \| 3 Baths \| 2287 Sq. Ft.	$418,582
3209 Denver Avenue, Merced, CA 3 Beds \| 2 Baths \| 2287 Sq. Ft.	$418,041

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 95348, CA

Sale history for 3270 Denver Ave

Tax history for 3270 Denver Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 95348

Home values near 3270 Denver Ave

More real estate resources