3150 3158 College Avenue, Merced, CA 95340
- $1,350,000
- Sold Price
- $1,350,000
- List Price
- $1,499,999
- Closing Date
- Nov 05, 2025
- Status
- CLOSED
- MLS#
- MC25181024
- Year Built
- 1965
- Lot Size
- 16,200
- Acres
- 0.37
- Lot Location
- Sprinkler System
- Days on Market
- 23
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.
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Additional Information
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Frame, Stucco
- Roof
- Composition
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $10,687
- Operating Expense
- 1099
Listing courtesy of Listing Agent: Armando Diaz (a.diaz@soldavi.com) from Listing Office: Soldavi Inc..
Listing sold by General NONMEMBER from NONMEMBER MRML
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.