Are you searching for your next great multifamily investment in Merced? Look no further. This well-maintained four-unit property offers tremendous potential for a fantastic possibility. Conveniently tucked away, this property has consistently attracted excellent tenants, including several long-term residents. With the opportunity to increase rents, this investment offers a strong potential cap rate. Call me for more information today!
Sold for $458,000
Listed by: BHGRE Everything Real Estate • Eric Jaurique-Pouncey • Contact: 209-383-7653
Bought with: Exit Realty Consultants
Tax assessed value
$458,000
1206 U St, Merced, CA 95341
6beds
4baths
2,088sqft
Quadruplex
Built in 1960
-- sqft lot
$-- Zestimate®
$219/sqft
$2,014 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,014/mo
Zestimate® history
Owner options
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$2,883/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Eric Jaurique-Pouncey DRE #02154006 209-769-3934,
BHGRE Everything Real Estate
Bought with:
Jose Cibrian, DRE #01976111
Exit Realty Consultants
Source: CRMLS,MLS#: MC24158649
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,088
- Total interior livable area: 2,088 sqft
Property
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 7,500 Square Feet
Details
- Parcel number: 031281008000
- Zoning: R-3-1.5
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Storm Drain(s), Sidewalks
Location
- Region: Merced
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $458,000
- Annual tax amount: $5,099
- Date on market: 8/1/2024
- Cumulative days on market: 87 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange,FHA
- Total actual rent: 30060
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | $458,000-8.4%$219/sqft |
Source:  CRMLS #MC24158649 Report a problem | ||
| 10/30/2024 | Pending sale | $500,000$239/sqft |
Source: CRMLS #MC24158649 Report a problem | ||
| 9/30/2024 | Price change | $500,000-4.8%$239/sqft |
Source: CRMLS #MC24158649 Report a problem | ||
| 9/27/2024 | Listed for sale | $525,000$251/sqft |
Source: CRMLS #MC24158649 Report a problem | ||
| 8/31/2024 | Contingent | $525,000$251/sqft |
Source: CRMLS #MC24158649 Report a problem | ||
| 8/16/2024 | Listed for sale | $525,000$251/sqft |
Source: CRMLS #MC24158649 Report a problem | ||
| 8/8/2024 | Contingent | $525,000$251/sqft |
Source: CRMLS #MC24158649 Report a problem | ||
| 8/1/2024 | Listed for sale | $525,000$251/sqft |
Source: CRMLS #MC24158649 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,099 +292.5% | $458,000 +284.7% |
| 2024 | $1,299 +1.4% | $119,041 +2% |
| 2023 | $1,281 +1.4% | $116,708 +2% |
| 2022 | $1,263 +0.2% | $114,421 +2% |
| 2021 | $1,261 -0.7% | $112,179 +1% |
| 2020 | $1,269 +1.5% | $111,030 +2% |
| 2019 | $1,250 +9.6% | $108,854 +2% |
| 2018 | $1,140 -3.6% | $106,721 +2% |
| 2017 | $1,183 +1.6% | $104,629 +2% |
| 2016 | $1,165 +3.8% | $102,578 +1.5% |
| 2015 | $1,122 | $101,038 +2% |
| 2014 | $1,122 +2.8% | $99,060 +0.5% |
| 2013 | $1,092 | $98,613 +2% |
| 2012 | -- | $96,681 +2% |
| 2011 | -- | $94,786 +0.8% |
| 2010 | -- | $94,078 -0.2% |
| 2009 | -- | $94,301 +2% |
| 2008 | -- | $92,453 +2% |
| 2007 | -- | $90,641 +2% |
| 2006 | -- | $88,865 +2% |
| 2005 | -- | $87,124 +2% |
| 2004 | -- | $85,417 +1.9% |
| 2003 | -- | $83,852 +2% |
| 2002 | -- | $82,209 +2% |
| 2001 | -- | $80,598 |
Find assessor info on the county website
Neighborhood: 95341
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Nearby schools
GreatSchools rating
- 5/10Leontine Gracey Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Tenaya Middle SchoolGrades: 7-8Distance: 0.7 mi
- 5/10El Capitan HighGrades: 9-12Distance: 4.9 mi
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- California
- Merced County
- Merced
- 95341
- 1206 U St
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