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.
Sold for $1,350,000 on 11/05/25
Listing Provided by:
Armando Diaz DRE #01496803 209-777-9955,
Soldavi Inc.,
Sandra Doke DRE #01906746 209-383-3000,
Soldavi Inc.
Bought with: NONMEMBER MRML
$1,350,000
3150 College Ave #3158, Merced, CA 95340
32beds
16baths
5,600sqft
Mixed Use
Built in 1965
-- sqft lot
$1,342,900 Zestimate®
$241/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 01:50pm
Listing Provided by:
Armando Diaz DRE #01496803 209-777-9955,
Soldavi Inc.,
Sandra Doke DRE #01906746 209-383-3000,
Soldavi Inc.
Bought with:
General NONMEMBER, DRE #02059815
NONMEMBER MRML
Source: CRMLS,MLS#: MC25181024
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 16
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
- Laundry: In Garage
Features
- Flooring: Carpet, Laminate, Vinyl
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,600
- Total interior livable area: 5,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Garage spaces: 8
Features
- Entry location: Front
- Pool features: None
- Fencing: Wood
Lot
- Size: 0.37 Acres
- Features: Sprinkler System
Details
- Additional parcels included: 006122017000
- Parcel number: 006122018000
- Zoning: R-3-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Curbs, Gutter(s), Street Lights, Sidewalks
Location
- Region: Merced
Other
Other facts
- Listing terms: Cash,Conventional,Submit