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2610 State Highway 59, Merced, CA 95348
Priced at Only: $2,500,000
For more Information Call Mobile: 714.478.6676
Address: 2610 State Highway 59, Merced, CA 95348
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2610 State Highway 59
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  • MLS#: MC25012191 ( Apartment )
  • Street Address: 2610 State Highway 59
  • Viewed: 1
  • Price: $2,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1970
  • Bldg sqft: 0
  • Days On Market: 242
  • Additional Information
  • County: MERCED
  • City: Merced
  • Zipcode: 95348
  • Provided by: Century 21 Select Real Estate
  • Contact: Ronald Ronald
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    UPDATED PHOTOS, UPDATED IMPROVEMENTS. There have been many updates since first listed. City inspector has given green light to complete the remodel of the bottom 6 units. The three top units on left have been completed and are now ready to rent now. There are now 6 units that are rentable , 2 already rented @ $1365 per month. Many improvements have been made. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its own laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. There were 4 newer water heaters and 2 new tubs/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***
Features
Appliances
  1. Electric Range
  2. Range Hood
Building Area Total
  1. 9096.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 792
Electric
  1. 220 Volts in Kitchen
Entry Location
  1. Unit
Fireplace Features
  1. None
Flooring
  1. Laminate
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 8000.00
Laundry Features
  1. Common Area
Lot Features
  1. 0-1 Unit/Acre
  2. Paved
  3. Utilities - Overhead
Netoperatingincome
  1. 0.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Parcel Number
  1. 058140010000
Parking Features
  1. Driveway
  2. Paved
  3. Parking Space
  4. Private
  5. Side by Side
Pool Features
  1. None
Postalcodeplus4
  1. 4342
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Road Frontage Type
  1. City Street
  2. Highway
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 430339316:CRM
Totalexpenses
  1. 21200.00
Trash Expense
  1. 6600.00
Utilities
  1. Cable Available
Water Sewer Expense
  1. 6600.00
Water Source
  1. Public
Year Built
  1. 1970
Year Built Source
  1. Seller
Zoning
  1. R-3-1.5
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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