Probably the best List Price:Gross Rent Ratio in the valley . . . WOW . . . Gross Rent is $1900 for this 4-Plex that has three-2 bedroom 1 bath units, and one-1 bedroom 1 bath unit. This hits the old Investor's "1% Rule" that we haven't seen in years. Outstanding and consistent rental income with almost no vacancy. Interior units is good shape, exterior needs a little TLC . . . but at this price it's a great opportunity.
Multi-familyProperty Type
1950Year Built
7,500 sq ftLot Size
$157Est. Price/Sq.Ft.
3 garage spacesParking
Listed by Michael Burrows•DRE #01814948• London Properties Ltd - Merced
Bought with General NONMEMBER•DRE #01745071• CRMLS
Probably the best List Price:Gross Rent Ratio in the valley . . . WOW . . . Gross Rent is $1900 for this 4-Plex that has three-2 bedroom 1 bath units, and one-1 bedroom 1 bath unit. This hits the old Investor's "1% Rule" that we haven't seen in years. Outstanding and consistent rental income with almost no vacancy. Interior units is good shape, exterior needs a little TLC . . . but at this price it's a great opportunity.
Probably the best List Price:Gross Rent Ratio in the valley . . . WOW . . . Gross Rent is $1900 for this 4-Plex that has three-2 bedroom 1 bath units, and one-1 bedroom 1 bath unit. This hits the old Investor's "1% Rule" that we haven't seen in years. Outstanding and consistent rental income with almost no vacancy. Interior units is good shape, exterior needs a little TLC . . . but at this price it's a great opportunity.
CRMLS #MC3200850
Jan 29, 2010
Sold
$60,000
$23/sq ft
Jan 15, 2010
Listing Removed
—
Oct 9, 2009
Listed
$59,301
$23/sq ft
Great income potential. Features include three 2bd 1ba and one 1bd 1ba unit, each unit has wall cooler and wall heater, detached 3 car garage with alley access, uncovered parking for one unit, detached storage unit, good size backyard. Bank Owned! For special financing and incentives seller requests potential buyers contact Chase loan officer Benjamin A. Manabat at (916) 317-6844 or benjamin. a. mangabat@jpmchase.com
Year
Property tax
Land + Additions
Assessment*
2025
$1,993 (+5.7%)
$47,348 + $132,107
$179,455
2024
$1,886 (+1.3%)
$46,420 + $129,517
$175,937
2023
$1,862 (+1.4%)
$45,510 + $126,978
$172,488
2022
$1,835 (+0.2%)
$44,618 + $124,489
$169,107
2021
$1,831 (−0.7%)
$43,744 + $122,049
$165,793
2020
$1,845 (+1.5%)
$42,887 + $119,656
$162,543
2019
$1,818 (+9.7%)
$42,448 + $118,430
$160,878
2018
$1,658 (+116.8%)
$41,616 + $116,108
$157,724
2017
$765 (+1.5%)
$22,242 + $44,487
$66,729
2016
$753 (+1.6%)
$22,242 + $44,487
$66,729
2015
$741 (+2.1%)
$21,806 + $43,615
$65,421
2014
$726 (+2.7%)
$21,059 + $42,119
$63,178
2013
$707 (+1.4%)
$21,059 + $42,119
$63,178
2012
$697 (+0.1%)
$20,964 + $41,929
$62,893
2011
$696 (−1.5%)
$20,553 + $41,107
$61,660
2010
$707 (−33.6%)
$20,150 + $40,301
$60,451
2009
$1,065 (+3.0%)
$15,000 + $48,000
$63,000
2008
$1,034
$22,080 + $77,284
$99,364
Tax history for 536 W 10th St
Year
Property tax
Land + Additions
Assessment*
2025
$1,993 (+5.7%)
$47,348 + $132,107
$179,455
2024
$1,886 (+1.3%)
$46,420 + $129,517
$175,937
2023
$1,862 (+1.4%)
$45,510 + $126,978
$172,488
2022
$1,835 (+0.2%)
$44,618 + $124,489
$169,107
2021
$1,831 (−0.7%)
$43,744 + $122,049
$165,793
2020
$1,845 (+1.5%)
$42,887 + $119,656
$162,543
2019
$1,818 (+9.7%)
$42,448 + $118,430
$160,878
2018
$1,658 (+116.8%)
$41,616 + $116,108
$157,724
2017
$765 (+1.5%)
$22,242 + $44,487
$66,729
2016
$753 (+1.6%)
$22,242 + $44,487
$66,729
2015
$741 (+2.1%)
$21,806 + $43,615
$65,421
2014
$726 (+2.7%)
$21,059 + $42,119
$63,178
2013
$707 (+1.4%)
$21,059 + $42,119
$63,178
2012
$697 (+0.1%)
$20,964 + $41,929
$62,893
2011
$696 (−1.5%)
$20,553 + $41,107
$61,660
2010
$707 (−33.6%)
$20,150 + $40,301
$60,451
2009
$1,065 (+3.0%)
$15,000 + $48,000
$63,000
2008
$1,034
$22,080 + $77,284
$99,364
*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
7,500 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Merced County
APN
032064018000
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
Parking
Parking / Garage Information
# of Carport Spaces: 1
# of Garage Spaces: 3
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Inside
Kitchen Information
Appliances: Gas Cooktop, Refrigerator
Has Appliances
Cooling Information
Wall Window, Electric
Has Cooling
Room Information
All Bedrooms Down
Flooring Information
Carpet, Tile, Vinyl
Heating Information
Wall Heater
Has Heating
Interior Features
Panel Doors
Exterior
Exterior Information
Roof: Composition
Other Structures: Storage Building
Fencing: Chain Link, Poor Condition, Wood
Has Fence
Construction Materials: Frame, Lap, Wood
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Treed Lot
Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 032064018000
Attached Property
Property Condition: Fixer
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $1,313
Tenant Pays: Electricity, Gas
Total Actual Rent: $22,200
Utilities
Utilities Information
Sewer Connected
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 95521
Listing Key Numeric: 10210806
Actual Rent: $500
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $6,000
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 95522
Listing Key Numeric: 10210806
Actual Rent: $500
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 1
Total Rent: $6,000
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 10210806
Unit Key Numeric: 95523
Actual Rent: $500
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $6,000
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 10210806
Unit Key Numeric: 95524
Actual Rent: $400
Total # of Baths: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $4,800
Total # of Units: 1
Expenses
Trash: $1,176
Total: $6,450
Insurance: $1,200
Water Sewer: $2,160
New Taxes: $831
Multi-Unit Information
# of Units With Refrigerator: 4
# of Units With Range: 4
Net Operating Income: $15,750
Sq. Ft.
Total Building Area: 2,600
Gross Scheduled Income: $22,800
Gross Income: $1,850
# Of Leased Units: 4
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 5
# Of Separate Electric Meters: 4
# Of Buildings: 1
# of Wall AC: 4
Neighborhood Information
Community Features: Curbs, Gutters, Sidewalks, Street Lighting
Location Information
Latitude: 37.29414700
Longitude: -120.48851800
Directions: Cross Streets: Canal Street
Road Frontage Type: Alley Access
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7,500 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Merced County
APN: 032064018000
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
Days Active in MLS: 61
Continuous Days Active in MLS: 61
Listing Agent Information
List Agent First Name: Michael
List Agent Last Name: Burrows
Listing Office Information
List Office Name: London Properties Ltd - Merced
Selling Agent Information
Buyer Agent First Name: General
Buyer Agent Last Name: NONMEMBER
Selling Office Information
Buyer Office Name: CRMLS
Around this home
Schools
Alicia Reyes Elementary School
Public K-6 • Assigned • 0.6mi
2/10
Tenaya Middle School
Public 7-8 • Assigned • 0.3mi
3/10
Merced High School
Public 9-12 • Assigned • 1.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 14-20% chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 105° expected this year, 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
Average low and high temperatures (°F)
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64
90
62
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54
64
46
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44
Jan
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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
Estimated sale price
$388,000 – $470,000
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