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Listed by Srinivasa Myneni • Legacy Real Estate & Assoc. Off: 510-744-3500
$2,499,999
Est. payment /mo
7,256 SqFt
Active
132 W 18Th St Merced, CA 95340
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 7,256 sqft
Price per Sqft $344
MLS Listing ID 41129838
HOA Y/N No
Year Built 1962
Lot Size 0.344 Acres
Property Sub-Type OTHER
Source BAY EAST
Property Description
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.
Location
State CA
County Merced
Interior
Heating Natural Gas
Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Flooring Hardwood, Laminate, Vinyl
Fireplace No
Window Features Double Pane Windows
Exterior
View Valley
Building
Lot Description Front Yard, Landscaped, Security Gate, See Remarks
Others
Special Listing Condition Offer As Is

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