Sold for $683,334

Listed by: Re/max Executive • Beth Christensen • Contact: 209-489-9070

Bought with: Re/max Executive

$683,334

1037 W Santa Fe Ave, Merced, CA 95340

12beds

6baths

4,356sqft

Multi Family

Built in 1960

-- sqft lot

$-- Zestimate^®

$157/sqft

$1,659 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,659/mo

Zestimate^® history

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$4,303/mo

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$4,303/mo

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What's special

Private front and backyardDetached one-car garageOutdoor areasComfortable living spaces

SIX HOMES ON ONE APN! An incredible opportunity awaits with this unique property featuring SIX separate 2-bedroom, 1-bath homes, each offering its own private front and backyard. Plus, each home has it's own detached one-car garage. Situated on a single APN, the homes at 1021,1025, 1029, 1033 (Currently being renovated) 1037 and 1041 W Santa offer a rare setup that provides flexibility and strong income potential — perfect for a first-time investor or a seasoned professional looking to expand their portfolio. Each home is individually metered, with comfortable living spaces and outdoor areas ideal for your tenants. The property is well-maintained and conveniently located near Applegate Park, the expanded Merced Mall, schools, and commuter routes--making it a desirable rental option in any market. Please note--The Property is only being sold with the 3 homes listed at 1045 W Santa Fe. Don’t miss this chance to own a rare multi-unit property with strong investment possibilities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Heating

Ductless, Wall Furnace

Cooling

Ductless

Appliances

Included: Gas Range
Laundry: None

Features

All Bedrooms Down
Flooring: Laminate, Tile, Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 4,356
Total interior livable area: 4,356 sqft

Property

Parking

Total spaces: 1
Parking features: Garage Faces Rear
Garage spaces: 1

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 0.45 Acres
Features: 0-1 Unit/Acre

Details

Parcel number: 030063018000
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Multi Family

Materials

Roof: Composition

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Features: Sidewalks
Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Merced

Financial & listing details

Price per square foot: $157/sqft
Tax assessed value: $148,450
Annual tax amount: $1,663
Date on market: 10/29/2025
Cumulative days on market: 4 days
Listing terms: Cash,Conventional,Submit
Inclusions: Stoves
Exclusions: Tenants Personal Belongings
Tenant pays: None

Price history

Date	Event	Price
1/16/2026	Sold	$683,334-31.7%$157/sqft
Source: CRMLS #MC25249037 Report a problem
11/2/2025	Pending sale	$1,000,000$230/sqft
Source: CRMLS #MC25249037 Report a problem
10/29/2025	Listed for sale	$1,000,000$230/sqft
Source: CRMLS #MC25249037 Report a problem
6/25/2024	Listing removed	--
Source: Zillow Rentals Report a problem
6/13/2024	Listed for rent	$1,500
Source: Zillow Rentals Report a problem
5/6/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
4/27/2022	Listed for rent	$1,500
Source: Zillow Rental Network Premium Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,663 +5.7%	$148,450 +2%
2024	$1,573 +1.4%	$145,540 +2%
2023	$1,551 +1.4%	$142,688 +2%
2022	$1,530 +0.2%	$139,891 +2%
2021	$1,526 -0.7%	$137,149 +1%
2020	$1,537 +1.7%	$135,744 +2%
2019	$1,511 +9.7%	$133,083 +2%
2018	$1,377 -3.6%	$130,474 +2%
2017	$1,430 +1.6%	$127,916 +2%
2016	$1,407 +3.8%	$125,409 +1.5%
2015	$1,355	$123,526 +2%
2014	$1,355 +2.8%	$121,107 +0.5%
2013	$1,318	$120,561 +2%
2012	--	$118,198 +2%
2011	--	$115,882 +0.8%
2010	--	$115,017 -0.2%
2009	--	$115,289 +2%
2008	--	$113,029 +2%
2007	--	$110,813 +2%
2006	--	$108,641 +2%
2005	--	$106,512 -42.9%
2004	--	$186,507 +81.9%
2003	--	$102,512 +2%
2002	--	$100,503 +2%
2001	--	$98,534