A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
Sold for $1,400,000
Listing Provided by:
Jeff Nightengale DRE #01878234 209-947-2247,
London Properties Ltd - Merced
Bought with: London Properties Ltd - Merced
$1,400,000
351 W 19th St, Merced, CA 95340
196beds
--baths
8,000sqft
Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$175/sqft
$1,328 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,328/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: August 29, 2025 at 02:09pm
Listing Provided by:
Jeff Nightengale DRE #01878234 209-947-2247,
London Properties Ltd - Merced
Bought with:
Jeff Nightengale, DRE #01878234
London Properties Ltd - Merced
Source: CRMLS,MLS#: MC25152545
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 196
Heating
- Central
Appliances
- Laundry: Inside, Laundry Room
Features
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
Property
Parking
- Parking features: One Space, On Street
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 0.34 Acres
- Features: Corner Lot, Paved
Details
- Parcel number: 031071012000
- Zoning: R-4
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Tile
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Gutter(s)
Location
- Region: Merced
HOA & financial
Other financial information
- Total actual rent: 10850
Other
Other facts
- Listing terms: Submit
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $1,400,000-12.5%$175/sqft |
Source:  CRMLS #MC25152545 Report a problem | ||
| 8/4/2025 | Contingent | $1,600,000$200/sqft |
Source: CRMLS #MC25152545 Report a problem | ||
| 7/8/2025 | Listed for sale | $1,600,000$200/sqft |
Source: CRMLS #MC25152545 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,253 +5.9% | $472,590 +2.2% |
| 2024 | $4,958 +1.4% | $462,528 +2% |
| 2023 | $4,889 +1.3% | $453,487 +2% |
Find assessor info on the county website
Neighborhood: 95340
Nearby schools
GreatSchools rating
- 5/10John Muir Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Herbert Hoover Middle SchoolGrades: 7-8Distance: 0.8 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 1.2 mi
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- California
- Merced County
- Merced
- 95340
- 351 W 19th St