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1962 Edwards, Merced, CA 95340
Priced at Only: $1,250,000
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Address: 1962 Edwards, Merced, CA 95340
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  • MLS#: MC26041045 ( Commercial/Residential )
  • Street Address: 1962 Edwards
  • Viewed: 4
  • Price: $1,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 0
  • Days On Market: 50
  • Additional Information
  • County: MERCED
  • City: Merced
  • Zipcode: 95340
  • Provided by: Soldavi Inc.
  • Contact: Armando Armando
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional investment opportunity in Merced, CA! This well maintained 8 unit apartment building features (8) spacious 2 bedroom, 1 bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long term tenants, making it an ideal addition to any investors portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well positioned for stable occupancy and future growth. Whether youre looking to expand your portfolio or complete a 1031 exchange, this multi family asset offers solid income potential in a growing Central Valley market.
Features
Appliances
  1. Refrigerator
  2. Electric Range
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 6800.00
Carport Spaces
  1. 8.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Frame
  2. Stucco
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 36
Electric
  1. 220 Volts
Electric Expense
  1. 0.00
Fencing
  1. Wood
  2. Wrought Iron
Fireplace Features
  1. None
Foundation Details
  1. Slab
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1680.00
Heating
  1. Central
Insurance Expense
  1. 7464.00
Laundry Features
  1. In Closet
  2. Common Area
  3. Washer Included
  4. Dryer Included
Lockboxtype
  1. Combo
  2. See Remarks
Lot Features
  1. Landscaped
  2. Back Yard
Netoperatingincome
  1. 8731.00
Parcel Number
  1. 034230002000
Parking Features
  1. Concrete
  2. Assigned
  3. Carport
  4. Asphalt
  5. Guest
Pest Control Expense
  1. 1080.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 5600.00
Property Type
  1. Commercial/Residential
Roof
  1. Composition
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 457277785:CRM
Tenant Pays
  1. Gas
  2. Electricity
Totalexpenses
  1. 16379.00
Trash Expense
  1. 275.00
Uncovered Spaces
  1. 6.00
Vacancyallowance
  1. 2450
View
  1. Neighborhood
Water Sewer Expense
  1. 280.00
Water Source
  1. Public
Year Built
  1. 1979
Year Built Source
  1. Estimated
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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