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For sale
  • Listing Provided by: 

    Armando Diaz DRE #01496803 209-777-9955,

    Soldavi Inc.,

    Sandra Doke DRE #01906746 209-383-3000,

    Soldavi Inc.

    $1,499,999

    3150 College Ave #3158, Merced, CA 95340

    16beds
    8baths
    5,600sqft
    : 
    Mixed Use
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $268/sqft
    $-- HOA

    What's special

    Fresh interior paintUpdated fixturesGranite countertopsPrivate garagesLaminate flooring
    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.
    5 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2025 at 04:01pm

    Listing Provided by:

    Armando Diaz DRE #01496803 209-777-9955,

    Soldavi Inc.,

    Sandra Doke DRE #01906746 209-383-3000,

    Soldavi Inc.

    Source: CRMLS,MLS#: MC25181024MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    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 & HOA

    Community
    • Features: Curbs, Gutter(s), Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Merced

    Financial & listing details

    • Price per square foot: $268/sqft
    • Date on market: 8/11/2025
    • Listing terms: Cash,Conventional,Submit
    • Tenant pays: Electricity, Gas
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