Fully Stabilized Asset The property is fully leased and only 2 out of the 6 units are at market rate. Great potential to increase income over 25% by bringing to full market rates. Additional Upside due to Zoning All parcels are Zoned Commercial Office (C-O). This would give an investor the opportunity to convert the homes into offices or demolish the existing structures and build an office complex. Smaller Downtown office space built to class “A” standards can be leased at $1.50 per square foot NNN. Adjacent to Courthouse and Proximity to Downtown The Property is located adjacent to the Merced County Courthouse, the Merced Courthouse Square Park, close proximity to the Downtown Business District, Bob Hart Square, the recently renovated Mainzer Theater, Tioga Hotel, El Capitan Hotel & UC Merced Administration Building. Even More Upside Value! There are 4 separate parcels. An investor can sell off parcels individually to bring in immediate profit. 3 parcels have single family homes. 1 parcel has a single family home and a duplex.
Multi-familyProperty Type
1924Year Built
6,752 sq ftLot Size
$125Price/Sq.Ft.
Listed by Jacob Morgner•DRE #01882378• Tinetti Realty Group
Bought with Jacob Morgner•DRE #01882378• Tinetti Realty Group
*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
6,750 Sq. Ft.
Year renovated
—
Sq. Ft.
1,400
Year built
1924
Style
Other
County
Merced County
APN
030254007000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
C-O
Office Commercial District
The C-O zoning district provides a location for a broad range of office uses including professional offices, business offices, medical offices, and regional or back offices. The C-O zoning district can also accommodate limited accessory restaurant, retail, and service uses that cater to the needs of on-site employees and visitors.