1962 Edwards AVE, Merced, CA 95340
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1962 Edwards AVE, Merced, CA 95340
1962 Edwards AVE, Merced, CA 95340
1962 Edwards AVE, Merced, CA 95340
1962 Edwards AVE, Merced, CA 95340
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Angela Fraire

Angela Fraire

+1(916) 765-2939
$ 1,165,000
Est. payment /mo
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Price Dropped by $45K

1962 Edwards AVE Merced, CA 95340

6,800 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $171

MLS Listing ID 226021572

HOA Y/N No

Year Built 1979

Lot Size 0.372 Acres

Acres 0.372

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property 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 investor's 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 you're looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.

Location

State CA

County Merced

Area 20407

Direction CA-140 E, Yosemite Pkwy to Edwards Ave

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 850 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1225 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 850 Bedrooms: 2 Full Baths: 1 Total Rooms: 2 Occupancy: Tenant Rent: 1028 SqFt Source: Not Measured Unit-3 Approx SqFt: 850 Bedrooms: 2 Full Baths: 1 Total Rooms: 2 Occupancy: Tenant Rent: 1225 SqFt Source: Not Measured Unit-4 Type: Apartment Approx SqFt: 850 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1080 SqFt Source: Not Measured

Interior

Heating Central

Cooling Central

Flooring Tile

Appliance Free Standing Refrigerator, Free Standing Electric Oven

Laundry Washer/Dryer Leased, In Common Area, Laundry Closet

Exterior

Exterior Feature Fenced Yard, Yard Space

Parking Features Open, Carport, Uncovered, Guest Parking Available

Carport Spaces 8

Utilities Available Electric

Water Access Desc Public

Roof Type Composition

Porch Balcony/Deck, Covered Patio

Total Parking Spaces 14

Building

Lot Description Curb(s), Landscape Back, Landscape Front

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Merced City

Middle Schools Merced City

High Schools Merced Union High

School District Merced

Others

Senior Community No

Tax ID 034-230-002

Special Listing Condition None

MetroList® Services, Inc
Listed by Soldavi Inc.
Angela Fraire

Angela Fraire

Real Estate Agent License ID: 1522444

+1(916) 765-2939

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1962 Edwards AVE

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