1976 Edwards Ave - Apartments FOR SALE


Merced, CA 95340
$1,300,000 USD
209-383-3000
1976 Edwards Ave, Merced, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1976 Edwards Ave
Merced, CA 95340


HIGHLIGHTS

  • 14 Parking Spaces
  • All Units (8) 2 bedroom, 1 bath
  • Excellent Location

OVERVIEW

Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor’s portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you’re looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

8

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,200 SF

ZONING

R2

APN/PARCEL ID

034-230-002

ASK ABOUT THIS PROPERTY

Armando DiazSoldaviMore Info
209-383-3000

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Armando DiazSoldaviMore Info
209-383-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.