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132 18th St , Merced, CA 95340
Priced at Only: $2,499,999
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Address: 132 18th St , Merced, CA 95340
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  • MLS#: 41127879 ( )
  • Street Address: 132 18th St
  • Viewed: 5
  • Price: $2,499,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 25
  • Additional Information
  • County: MERCED
  • City: Merced
  • Zipcode: 95340
  • Subdivision: Other
  • Provided by: Legacy Real Estate & Assoc.
  • Contact: Srinivasa Srinivasa
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    A well maintained 15 unit multifamily offers a desirable unit mix consisting of 6 studios, 4 one bedroom/one bath units, and 5 two bedroom/one bath unitsproviding strong appeal to a broad tenant base and supporting consistently high occupancy levels. The property is a gated community equipped with security cameras throughout, offering enhanced safety and peace of mind for residents. A centrally located landscaped lawn area provides a welcoming outdoor space for tenants and families. Each unit includes an assigned parking space, complemented by 10 covered carports. Units are well equipped with electric ranges and refrigerators, and many have been recently renovated with updated interiors and fresh paint. The exterior of the property has also been fully repainted, contributing to strong curb appeal. Heating and cooling configurations include central HVAC for the one and two bedroom units, while studio units are fitted with window air conditioning. The property benefits from ongoing professional pest control and landscape maintenance services, ensuring consistent upkeep. Property operates efficiently without the need for an on site manager, helping reduce operating expenses and improve overall returns.
Features
Association Fee
  1. 0.00
Construction Materials
  1. Stucco
Days On Market
  1. 25
Heating
  1. Wall Furnace
Parcel Number
  1. 031161005000
Roof
  1. Tar/Gravel
Sourcesystemkey
  1. 41127879:BMLS
Subdivision Name Other
  1. Other
Tenant Pays
  1. Gas
Year Built
  1. 1962
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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