A prime investment opportunity in Merced! This professionally maintained 10-unit apartment complex is ideally located near Downtown Merced, shopping, dining, public transportation, and UC Merced making it a highly desirable option for tenants. Nine units features 1 bedroom and 1 bathroom and one is 2 bd 1 bath, with built-in bookshelves, a functional eat-at kitchen counter, attractive wood flooring, and assigned uncovered parking. The property also boasts fresh, professional exterior paint, enhancing curb appeal and reducing future maintenance costs.
Sold for $1,050,000 on 07/21/25
Listing Provided by:
Armando Diaz DRE #01496803 209-777-9955,
Soldavi Inc.,
Armando Pilola DRE #01914630 209-383-3000,
Soldavi Inc.
$1,050,000
423 W 21st St, Merced, CA 95340
11beds
10baths
7,000sqft
Multi Family
Built in 1960
-- sqft lot
$1,050,000 Zestimate®
$150/sqft
$1,187 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 03:18pm
Listing Provided by:
Armando Diaz DRE #01496803 209-777-9955,
Soldavi Inc.,
Armando Pilola DRE #01914630 209-383-3000,
Soldavi Inc.
Bought with:
Preeti Tibrewala, DRE #02216646
Ashby & Graff
Source: CRMLS,MLS#: MC25135075
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 10
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Laminate Counters, Open Floorplan
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,000
- Total interior livable area: 7,000 sqft
Property
Parking
- Total spaces: 12
- Parking features: On Site, Private, Pull-through, One Space
- Uncovered spaces: 12
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 0.26 Acres
- Features: Paved
Details
- Parcel number: 030273011000
- Zoning: C-O
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: 220 Volts in Kitchen
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Merced
HOA & financial
Other financial information
- Total actual rent: 5369
Other
Other facts
- Listing terms: Cash,1031 Exchange,Fannie Mae,Freddie Mac
- Road surface type: Paved