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351 W 19th ST Merced, CA 95340
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Key Details
Sold Price $1,400,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $175
MLS Listing ID MC25152545
Sold Date 08/29/25
HOA Y/N No
Year Built 1975
Lot Size 0.344 Acres
Acres 0.3444
Property Sub-Type Apartment
Property Description
A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
Location
State CA
County Merced
Zoning R-4
Interior
Heating Central
Fireplaces Type None
Laundry Individual Room, Inside
Exterior
Parking Features Parking Space, Street
Pool None
Community Features Gutters
Roof Type Tile
Private Pool No
Building
Lot Description Corner Lot, Lot 10000-19999 Sqft, Paved
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Trust
Lease Land No
Confidential INFO
TERMS Submit
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Jeff Nightengale
SHOW CONTACT PH 2099472247
SHOW INSTRUCTIONS Call listing agent Jeff, 209-947-2247. Make offer subject to viewing.
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Bought with London Properties Ltd - Merced