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2610 N State Highway 59

Merced, CA 95348

– beds
– baths
– sqft
~1/2 acre lot
1970 build
– on site

Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***

Listed By CRMLS_CA / Ronald Scanlon / Century 21 Select Real Estate / 209-676-1666

Last checked: Checking… • Last updated Jun 6, 2024 •

MLS# MC23048755 —

The Building

Year Built:

1970
Year Built Source:

Seller
New Construction:

No
Roof:

Composition
Common Walls:

2+ Common Walls
Building Area Total:

9096.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

12
# of Separate Gas Meters:

12
# of Separate Water Meters:

1
# of Separate Electric Meters:

12

Interior

Flooring:

Laminate
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Location

Directions:

W on Olive, Left on N State Highway 59

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

R-3-1.5
Lot Features:

0-1 Unit/Acre, Paved, Utilities - Overhead
Lot Size Area:

19985.0000
Lot Size Acres:

0.4588
Lot Size SqFt:

19985.00
Lot Size Source:

Assessor
Road Frontage:

City Street, Highway
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

10.05
Tax Lot:

16

The Listing

Special Listing Conditions:

Trust
Parcel Number:

058140010000

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer
Electric:

220 Volts in Kitchen
Water Source:

Public

Appliances

Appliances:

Electric Range, Range Hood
Included:

Yes

The Community

Senior Community:

No
Features:

Gutters, Storm Drains, Street Lights
Pool:

None
Private Pool:

No

Parking

Parking:

Yes
Parking:

Driveway, Paved, Parking Space, Private, Side by Side

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/24/23 Mar 24, 2023	Listed / Active	CRMLS_CA	$2,500,000

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This multifamily located in Merced, CA 95348 is currently for sale for $2,500,000. 2610 N State Highway 59 is a – square foot multifamily with – beds and – baths that has been on Estately for 602 days. This multifamily is in the attendance area of Merced High School, Luther Burbank Elementary School, and Tenaya Middle School.

Listing Courtesy of: CRMLS_CA and Century 21 Select Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.