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 units—providing strong appeal to a broad tenant base and supporting consistently high occupancy levels. 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.
For sale
$2,499,999
132 W 18th St, Merced, CA 95340
--beds
0baths
7,256sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$345/sqft
$-- HOA
What's special
Electric ranges and refrigeratorsFresh paintSecurity cameras throughoutStrong curb appealAssigned parking space
- 2 days |
- 95 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: April 06, 2026 at 06:01pm
Listed by:
Srinivasa Myneni DRE #01953963 Off:510-744-3500,
Legacy Real Estate & Assoc.
Source: Bay East AOR,MLS#: 41129838
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Features
- Updated Baths, Updated Kitchen
- Flooring: Hardwood, Laminate, Vinyl
- Windows: Double Pane Windows
- Basement: None
Interior area
- Total structure area: 7,256
- Total interior livable area: 7,256 sqft
Property
Parking
- Total spaces: 15
- Parking features: Carport, Side By Side, Open
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Exterior features: Garden
- Fencing: Security,Fenced
- Has view: Yes
- View description: Valley
Lot
- Size: 0.34 Acres
- Features: Front Yard, Landscaped, See Remarks
Details
- Parcel number: 031161005000
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Tilt-Up
- Roof: Tar/Gravel,Flat
Condition
- Year built: 1962
Utilities & green energy
- Electric: No Solar
- Sewer: Public Sewer
- Utilities for property: Water/Sewer Meter Available
Community & HOA
Community
- Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Closed Circuit Camera(s)
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Merced
Financial & listing details
- Price per square foot: $345/sqft
- Annual tax amount: $15,087
- Price range: $2.5M - $2.5M
- Date on market: 4/6/2026
- Listing agreement: Excl Right
- Listing terms: 1031 Exchange
- Lease term: Security Deposit,12 Months
- Total actual rent: 209112
- Tenant pays: Electricity, Gas, Trash Collection, Water
Estimated market value
Not available
Estimated sales range
Not available
$1,682/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $2,499,999+141.3%$345/sqft |
Source:  Bay East AOR #41129838 Report a problem | ||
| 6/23/2025 | Sold | $1,035,999+68.5%$143/sqft |
Source:  SFAR #225032567 Report a problem | ||
| 2/12/2018 | Listing removed | $625 |
Source: Zillow Rental Manager Report a problem | ||
| 1/20/2018 | Price change | $625-13.8% |
Source: Zillow Rental Manager Report a problem | ||
| 12/8/2017 | Price change | $725+31.8% |
Source: Zillow Rental Manager Report a problem | ||
| 10/24/2017 | Listed for rent | $550+4.8% |
Source: Sunaina Properties Report a problem | ||
| 5/28/2015 | Sold | $615,000$85/sqft |
Source: MetroList Services of CA #14066748 Report a problem | ||
| 3/19/2015 | Pending sale | $615,000$85/sqft |
Source: Soldavi Realty Inc. #MC14227401 Report a problem | ||
| 2/7/2015 | Price change | $615,000-10.9%$85/sqft |
Source: Soldavi Realty Inc. #MC14227401 Report a problem | ||
| 10/25/2014 | Listing removed | $525 |
Source: Owner Report a problem | ||
| 10/25/2014 | Listed for sale | $690,000$95/sqft |
Source: Soldavi Realty Inc. #MC14227401 Report a problem | ||
| 10/16/2014 | Listed for rent | $525-8.7% |
Source: Owner Report a problem | ||
| 5/8/2014 | Listing removed | $575 |
Source: Owner Report a problem | ||
| 1/29/2014 | Listed for rent | $575+16.2% |
Source: Go Section8 Report a problem | ||
| 12/26/2013 | Listing removed | $495 |
Source: Zillow Rental Network Report a problem | ||
| 10/28/2013 | Listed for rent | $495+11.2% |
Source: Postlets Report a problem | ||
| 9/5/2013 | Listing removed | $445 |
Source: Merced Apartments Report a problem | ||
| 7/19/2013 | Price change | $445-25.8% |
Source: Go Section8 Report a problem | ||
| 7/11/2013 | Price change | $600+34.8% |
Source: Las Palmas Apartment Complex Report a problem | ||
| 5/22/2013 | Price change | $445-6.3% |
Source: Go Section8 Report a problem | ||
| 9/10/2012 | Listed for rent | $475 |
Source: Las Palmas Apartment Complex Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$14,638/mo
Principal & interest
$12409
Property taxes
$2229
More affordability tools
Climate risks
Neighborhood: 95340
Nearby schools
GreatSchools rating
- 5/10John Muir Elementary SchoolGrades: K-6Distance: 0.6 mi
- 5/10Herbert Hoover Middle SchoolGrades: 7-8Distance: 0.7 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 1.3 mi
Local experts in 95340
- California
- Merced County
- Merced
- 95340
- 132 W 18th St
Nearby cities
Nearby zip codes
Other Merced Topics
