TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER
Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants.
Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal.
The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand.
Do not miss this chance to own a solid multifamily investment in a prime Merced location.
Sold for $1,350,000
Listed by: Soldavi Inc. • Armando Diaz • Contact: 209-777-9955
Bought with: NONMEMBER MRML
$1,350,000
3150 College Ave #3158, Merced, CA 95340
16beds
8baths
5,600sqft
Mixed Use
Built in 1965
-- sqft lot
$1,339,200 Zestimate®
$241/sqft
$1,337 Estimated rent
Home value
$1,339,200
$1.17M - $1.53M
$1,337/mo
Zestimate® history
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Fresh interior paintUpdated fixturesGranite countertopsPrivate garagesLaminate flooring
Zillow last checked:
Listing updated:
Listed by:
Armando Diaz DRE #01496803 209-777-9955,
Soldavi Inc.,
Sandra Doke DRE #01906746 209-383-3000,
Soldavi Inc.
Bought with:
General NONMEMBER, DRE #02059815
NONMEMBER MRML
Source: CRMLS,MLS#: MC25181024
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: Dishwasher, Electric Range, Refrigerator
- Laundry: In Garage
Features
- Flooring: Carpet, Laminate, Vinyl
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,600
- Total interior livable area: 5,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Garage spaces: 8
Features
- Entry location: Front
- Pool features: None
- Fencing: Wood
Lot
- Size: 0.37 Acres
- Features: Sprinkler System
Details
- Additional parcels included: 006122017000
- Parcel number: 006122018000
- Zoning: R-3-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Merced
Financial & listing details
- Price per square foot: $241/sqft
- Date on market: 8/11/2025
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional,Submit
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Sold | $1,350,000-10%$241/sqft |
Source:  CRMLS #MC25181024 Report a problem | ||
| 9/5/2025 | Pending sale | $1,499,999$268/sqft |
Source: CRMLS #MC25181024 Report a problem | ||
| 8/11/2025 | Listed for sale | $1,499,999$268/sqft |
Source: CRMLS #MC25181024 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 95340
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Nearby schools
GreatSchools rating
- 4/10Donn B. Chenoweth Elementary SchoolGrades: K-6Distance: 0.9 mi
- 5/10Herbert H. Cruickshank Middle SchoolGrades: 7-8Distance: 1.4 mi
- 4/10Merced High SchoolGrades: 9-12Distance: 0.4 mi
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- California
- Merced County
- Merced
- 95340
- 3150 College Ave Unit 3158
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