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
Listed by: Soldavi Inc. • Armando Diaz • Contact: 209-777-9955
Price cut: $45K (6/3)
$1,165,000
1962-1976 Edwards Ave, Merced, CA 95340
16beds
8baths
6,800sqft
Mixed Use
Built in 1979
-- sqft lot
$-- Zestimate®
$171/sqft
$-- HOA
What's special
Comfortable living spacesSizable bedroomsFunctional floor plans
- 175 days |
- 91 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Armando Diaz DRE #01496803 209-777-9955,
Soldavi Inc.,
Emanuel Gutierrez DRE #02103022 209-383-3000,
Soldavi Inc.
Source: CRMLS,MLS#: MC26041045
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator, Dryer, Washer
- Laundry: Common Area, Laundry Closet
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,800
- Total interior livable area: 6,800 sqft
Property
Parking
- Total spaces: 14
- Parking features: Assigned, Asphalt, Concrete, Carport, Guest
- Carport spaces: 8
- Uncovered spaces: 6
Features
- Entry location: 1
- Pool features: None
- Fencing: Wood,Wrought Iron
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.37 Acres
- Features: Back Yard, Landscaped
Details
- Parcel number: 034230002000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Merced
Financial & listing details
- Price per square foot: $171/sqft
- Date on market: 2/25/2026
- Cumulative days on market: 175 days
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,069/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $1,165,000-3.7%$171/sqft |
Source:  CRMLS #MC26041045 Report a problem | ||
| 5/8/2026 | Price change | $1,210,000-3.2%$178/sqft |
Source: CRMLS #MC26041045 Report a problem | ||
| 4/1/2026 | Price change | $1,250,000-3.8%$184/sqft |
Source: CRMLS #MC26041045 Report a problem | ||
| 2/25/2026 | Listed for sale | $1,300,000$191/sqft |
Source: CRMLS #MC26041045 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 95340
Nearby schools
GreatSchools rating
- 4/10Charles Wright Elementary SchoolGrades: K-6Distance: 0.7 mi
- 5/10Herbert Hoover Middle SchoolGrades: 7-8Distance: 1 mi
- 4/10Golden Valley High SchoolGrades: 9-12Distance: 0.5 mi
- $1,165,00016 bd4 ba6.8k sqft1962 Edwards Ave, Merced, CA 95340For Sale
- $--2 bd1 ba-- sqft1962 Edwards Ave #3, Merced, CA 95340Off Market
- $--2 bd1 ba-- sqft1962 Edwards Ave APT 4, Merced, CA 95340Off Market
- $1,0952 bd1 ba850 sqft1976 Edwards Ave #1, Merced, CA 95340For Rent
- $--2 bd1 ba-- sqft1976 Edwards Ave APT 3, Merced, CA 95340Off Market
- $--2 bd1 ba850 sqft1976 Edwards Ave APT 4, Merced, CA 95340Off Market
- $330,0005 bd2 ba1.1k sqft2000 Edwards Ave, Merced, CA 95340Sold
- $281,9003 bd2 ba1.1k sqft2020 Edwards Ave, Merced, CA 95340Off Market
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