We are pleased to present "Yosemite Apartments".
Yosemite apartments is a beautiful, impeccably maintained, 50 unit, multifamily investment opportunity, located in heart of Merced County. The asset has an Incredible unit mix, comprised of 20 - 2 bed x 1 bath units. 20 – 1 bed x 1 baths & 10 studios.
Situated on 2.3 acres of beautifully manicured grounds. The asset boasts a large onsite swimming pool, nicely renovated laundry room, workshop, storage/tool shed, 50 covered parking spaces, 16 uncovered, with three handicap. The asset is currently 100% occupied, with waiting list. In place rents are approximately 20% below market, in current condition.
ADU opportunity, prospective investor is advised to call City Of Merced for confirmation on ADU potential.
The building is located in close proximity to Downtown Merced, ten minutes to UC Merced, 90 minutes to San Francisco & world renowned Yosemite National Park.
Seller financing is available to qualified buyer, at extremely competitive rates.
Sold for $6,200,000
Listing Provided by:
Cameron Jacques DRE #01852032 310-490-8134,
Kinnery's Brokerage House
Bought with: PWNONMEMBER
$6,200,000
3270 Denver Ave, Merced, CA 95348
60beds
50baths
29,160sqft
Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$213/sqft
$1,872 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,872/mo
Zestimate® history
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Owner options
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$1,872/mo
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Learn more$1,872/mo
Rent Zestimate®
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$38,733/mo
Est. payment
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See today's rates$38,733/mo
Est. payment
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Zillow last checked: 7 hours ago
Listing updated: July 24, 2023 at 09:50am
Listing Provided by:
Cameron Jacques DRE #01852032 310-490-8134,
Kinnery's Brokerage House
Bought with:
PWRNONMEMBER PWRNONMEMBER, DRE #05555555
PWNONMEMBER
Source: CRMLS,MLS#: PW23055035
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 60
- Bathrooms: 50
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Oven, Gas Water Heater, Refrigerator
- Laundry: Common Area
Features
- Flooring: Carpet, Tile
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 29,160
- Total interior livable area: 29,160 sqft
Property
Parking
- Total spaces: 69
- Parking features: Assigned, Detached Carport
- Carport spaces: 50
- Uncovered spaces: 19
Accessibility
- Accessibility features: Parking
Features
- Levels: One,Two
- Stories: 1
- Entry location: 1
- Pool features: Community, Gunite
- Fencing: Block
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2.30 Acres
- Dimensions: 296' x 358'
- Features: Greenbelt, Rectangular Lot
Details
- Additional structures: Storage, Workshop
- Parcel number: 058173001000
- Zoning: P-D
- Special conditions: Standard
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Foothills, Golf, Gutter(s), Hiking, Horse Trails, Lake, Near National Forest, Park, Street Lights, Suburban, Sidewalks, Pool
Location
- Region: Merced
Other
Other facts
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2023 | Sold | $6,200,000-8.1%$213/sqft |
Source:  CRMLS #PW23055035 Report a problem | ||
| 5/28/2023 | Contingent | $6,750,000$231/sqft |
Source: CRMLS #PW23055035 Report a problem | ||
| 4/4/2023 | Listed for sale | $6,750,000+206.8%$231/sqft |
Source: CRMLS #PW23055035 Report a problem | ||
| 9/15/2011 | Listing removed | $2,200,000$75/sqft |
Source: RE/MAX Executive #11012036 Report a problem | ||
| 3/17/2011 | Listing removed | $550 |
Source: Tinetti Realty Group Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 95348
Nearby schools
GreatSchools rating
- 5/10John Muir Elementary SchoolGrades: K-6Distance: 1.3 mi
- 2/10Rudolph Rivera Middle SchoolGrades: 7-8Distance: 0.4 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 1.1 mi
- California
- Merced County
- Merced
- 95348
- 3270 Denver Ave