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For sale
  • Price increase: $150K (3/27)
    $1,350,000

    308 W 20th St, Merced, CA 95340

    --beds
    0baths
    4,356sqft
    : 
    Multi Family, Triplex
    Built in 1966
    -- sqft lot
    $-- Zestimate®
    $310/sqft
    $-- HOA

    What's special

    Completely updated kitchenFresh paintNew flooringFour covered parking spacesAmple street parking
    INCREDIBLE INVESTMENT OPPORTUNITY! Two adjacent parcels—308, 310, 312 W. 20th St. and 1927, 1935, 1943 Martin Luther King Jr. Way—are being offered together, featuring a total of six units. This multi-family asset is located in a rapidly developing area within walking distance of revitalized Downtown Merced. It also offers convenient access to Merced College and University of California, Merced, as well as nearby public transportation, major freeways, and the planned high-speed rail station—making it highly attractive for tenants.The property consists of six 2-bedroom, 1-bathroom units, all currently tenant-occupied. Major upgrade already done! Roof is under 6 years old. One unit has been fully renovated, featuring fresh paint, new flooring, and a completely updated kitchen and bathroom. The property offers four covered parking spaces, along with ample street parking for tenants and guests. Both buildings sit on the same site under two separate parcel numbers, presenting flexibility and added value. This is an excellent candidate for a 1031 exchange. Don’t miss the chance to secure an income-generating property in one of Merced’s most promising growth areas. This is an opportunity you won’t want to overlook.
    26 days
    |
    310
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jesse Kalsi DRE #01181722 510-377-8858,

    Kal Real Estate Group

    Source: Bay East AOR,MLS#: 41128774MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Laminate, Tile, Carpet
      • Basement: None
      Interior area
      • Total structure area: 4,356
      • Total interior livable area: 4,356 sqft

      Property

      Parking
      • Parking features: Covered
      Lot
      • Size: 0.31 Acres
      • Features: Other, No Yard
      Details
      • Parcel number: 031071005000
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Triplex
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Roof: Metal,Shingle
      Condition
      • Year built: 1966

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: None
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Merced

      Financial & listing details

      • Price per square foot: $310/sqft
      • Price range: $1.4M - $1.4M
      • Date on market: 3/27/2026
      • Listing agreement: Excl Right
      • Listing terms: Cash,Conventional,Other
      • Lease term: Month To Month,12 Months
      • Total actual rent: 5345
      • Tenant pays: Electricity, Gas
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,417/mo

        Price history

        DateEventPrice
        3/27/2026Price change$1,350,000+12.5%$310/sqft
        Source: Bay East AOR #41128774 Report a problem
        2/23/2026Listing removed$1,350
        Source: Zillow Rentals Report a problem
        12/18/2025Listed for rent$1,350+80%
        Source: Zillow Rentals Report a problem
        3/8/2023Pending sale$1,200,000$275/sqft
        Source: CRMLS #MC22213941 Report a problem
        10/2/2022Listed for sale$1,200,000+300%$275/sqft
        Source: CRMLS #MC22213941 Report a problem
        3/9/2017Listing removed$750
        Source: Merced Old 99 Realty, Inc. Report a problem
        2/23/2017Price change$750+15.4%
        Source: Merced Old 99 Realty, Inc. Report a problem
        1/17/2017Listed for rent$650
        Source: Merced Old 99 Realty, Inc. Report a problem
        1/12/2016Listing removed$650
        Source: Go Section8 Report a problem
        12/16/2015Listed for rent$650
        Source: Go Section8 Report a problem
        2/16/2014Listing removed$300,000$69/sqft
        Source: CENTURY 21 SALVADORI Report a problem
        12/18/2013Listed for sale$300,000$69/sqft
        Source: CENTURY 21 SALVADORI Report a problem
        11/1/2013Listing removed$300,000$69/sqft
        Source: Century 21 Salvadori #MC12073001 Report a problem
        5/22/2013Listed for sale$300,000$69/sqft
        Source: CENTURY 21 SALVADORI Report a problem
        2/21/2013Listing removed$300,000$69/sqft
        Source: CENTURY 21 SALVADORI Report a problem
        2/1/2013Listed for sale$300,000$69/sqft
        Source: CENTURY 21 SALVADORI Report a problem
        12/13/2012Listing removed$300,000$69/sqft
        Source: Century 21 Salvadori #MC12073001 Report a problem
        6/12/2012Listed for sale$300,000-14.3%$69/sqft
        Source: Century 21 Salvadori #MC12073001 Report a problem
        7/31/2011Listing removed$350,000$80/sqft
        Source: Century 21 Salvadori #11020672 Report a problem
        6/18/2011Listed for sale$350,000$80/sqft
        Source: Century 21 Salvadori Realty #MC3205600 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment
        $7,895/mo
        Principal & interest
        $6691
        Property taxes
        $1204
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          Climate risks

          Neighborhood: 95340

          Getting around

          91 / 100
          Walker's Paradise
          71 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

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