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Listed by Armando Diaz • Soldavi Inc.
$ 1,165,000
Est. payment /mo
Price Dropped by $45K
1962 Edwards Merced, CA 95340
6,800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $171
MLS Listing ID MC-26041045
Year Built 1979
Lot Size 0.372 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
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.
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
Interior
Heating Central
Fireplaces Type None
Laundry Common Area, Dryer Included, In Closet, Washer Included
Exterior
Parking Features Guest, Asphalt, Assigned, Carport, Concrete
Pool None
Community Features Curbs, Street Lights
View Y/N Yes
Building
Lot Description Landscaped, Back Yard
Sewer Public Sewer
NEARBY SCHOOLS & PROPERTIES
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944