Looking for a "Hard To Find" 3 units, One home and a duplex that ALL HAVE 3 BEDROOMS and all on the same lot. The home is a 3 bed one bath that measures over 1050 sq. ft. The duplex in back are both 3 bedrooms and 2 baths that measure around 1000 sq. ft each. as per seller. The duplex was built in 2009. The units have Central heat and air, Dual pane windows, gas stoves and dishwashers. Tile in kitchen and bath. The units are in very good condition with a good rental history for you investors who are looking for a impressive investment of 6.2 CAP Rate. The property has 2 parking spaces per unit. The lot measures 10,000 sq ft. These 3 bedroom units , as you know, are hard to find and would be a nice addition to your portfolio.
Multi-familyProperty Type
1949Year Built
10,019 sq ftLot Size
$167Est. Price/Sq.Ft.
Listed by Ronald Scanlon•DRE #01956349• CB Premier Real Estate, Merced
Bought with Alan Fahr•DRE #01889077• Fahren's Realty. Inc.
Looking for a "Hard To Find" 3 units, One home and a duplex that ALL HAVE 3 BEDROOMS and all on the same lot. The home is a 3 bed one bath that measures over 1050 sq. ft. The duplex in back are both 3 bedrooms and 2 baths that measure around 1000 sq. ft each. as per seller. The duplex was built in 2009. The units have Central heat and air, Dual pane windows, gas stoves and dishwashers. Tile in kitchen and bath. The units are in very good condition with a good rental history for you investors who are looking for a impressive investment of 6.2 CAP Rate. The property has 2 parking spaces per unit. The lot measures 10,000 sq ft. These 3 bedroom units , as you know, are hard to find and would be a nice addition to your portfolio.
Public Records
Feb 17, 2006
Sold
$180,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,305 (+2.4%)
$77,284 + $397,467
$474,751
2025
$5,182 (+5.7%)
$77,284 + $397,467
$474,751
2024
$4,901 (+1.4%)
$75,769 + $389,674
$465,443
2023
$4,833 (+1.3%)
$74,284 + $382,034
$456,318
2022
$4,770 (+32.6%)
$72,828 + $374,544
$447,372
2021
$3,596 (−0.8%)
$71,400 + $367,200
$438,600
2020
$3,624 (+1.5%)
$107,308 + $217,013
$324,321
2019
$3,571 (+60.5%)
$106,208 + $214,788
$320,996
2018
$2,224 (−0.8%)
$104,126 + $210,577
$314,703
2017
$2,243 (+10.6%)
$50,000 + $150,000
$200,000
2016
$2,028 (+12.5%)
$50,000 + $150,000
$200,000
2015
$1,803 (+6.8%)
$50,000 + $130,000
$180,000
2014
$1,688 (+32.9%)
$40,000 + $110,000
$150,000
2013
$1,270 (−0.5%)
$40,000 + $110,000
$150,000
2012
$1,276 (+74.3%)
$20,000 + $95,000
$115,000
2011
$732 (+2.0%)
$20,000 + $95,000
$115,000
2010
$718 (+3.5%)
$15,000 + $49,000
$64,000
2009
$693 (−75.3%)
$15,000 + $49,000
$64,000
2008
$2,804
$30,000 + $34,000
$64,000
Tax history for 525 Canal St
Year
Property tax
Land + Additions
Assessment*
2026
$5,305 (+2.4%)
$77,284 + $397,467
$474,751
2025
$5,182 (+5.7%)
$77,284 + $397,467
$474,751
2024
$4,901 (+1.4%)
$75,769 + $389,674
$465,443
2023
$4,833 (+1.3%)
$74,284 + $382,034
$456,318
2022
$4,770 (+32.6%)
$72,828 + $374,544
$447,372
2021
$3,596 (−0.8%)
$71,400 + $367,200
$438,600
2020
$3,624 (+1.5%)
$107,308 + $217,013
$324,321
2019
$3,571 (+60.5%)
$106,208 + $214,788
$320,996
2018
$2,224 (−0.8%)
$104,126 + $210,577
$314,703
2017
$2,243 (+10.6%)
$50,000 + $150,000
$200,000
2016
$2,028 (+12.5%)
$50,000 + $150,000
$200,000
2015
$1,803 (+6.8%)
$50,000 + $130,000
$180,000
2014
$1,688 (+32.9%)
$40,000 + $110,000
$150,000
2013
$1,270 (−0.5%)
$40,000 + $110,000
$150,000
2012
$1,276 (+74.3%)
$20,000 + $95,000
$115,000
2011
$732 (+2.0%)
$20,000 + $95,000
$115,000
2010
$718 (+3.5%)
$15,000 + $49,000
$64,000
2009
$693 (−75.3%)
$15,000 + $49,000
$64,000
2008
$2,804
$30,000 + $34,000
$64,000
*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
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
10,000 Sq. Ft.
Year renovated
—
Sq. Ft.
1,053
Year built
1949
Style
Other
County
Merced County
APN
032212024000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
R-3-1.5
Medium Density Residential-1.5 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-3-1.5 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
Parking
Parking & Garage Information
Parking Features: Concrete, On Street, See Remarks
Interior
Heating & Cooling
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Interior Features
Laundry Features: Inside
Pool Features
Pool Features: None
Exterior
Exterior Features
Community Features: Curbs, Street Lights, Sidewalks
Property Information
New Construction: No
Year Built: 1949
Levels: One
Lot Information
Lot Size Acres: 0.23
Lot Size Area: 10019.0
Lot Size Square Feet: 10019.0
Lot Size Units: Square Feet
Zoning: R-3-1.5
Location
Multi-Unit Information
# of Units Total: 3
Location Information
Directions: South on Canal Street
Utility Information
Sewer: Public Sewer
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,053
Stories: 1.0
Lot Size: 10,000 square feet
Style: Other
Year Built: 1949
Year Renovated: —
County: Merced County
APN: 032212024000
Home facts updated by county records on Oct 9, 2026
Around this home
Schools
Alicia Reyes Elementary School
Public K-6 • Assigned • 0.3mi
2/10
Tenaya Middle School
Public 7-8 • Assigned • 0.2mi
3/10
El Capitan High
Public 9-12 • Assigned • 5.5mi
5/10
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
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 18 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
Average low and high temperatures (°F)
59
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55
92
61
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64
90
62
80
54
64
46
55
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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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
$486,000 – $588,000
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