Excellent Merced 4-Unit Investment Opportunity
Don’t miss this well-maintained four-unit apartment complex in Merced, offering an excellent opportunity for investors looking to expand their rental portfolio or enter the multifamily market. The property features four comfortable 2-bedroom, 1-bath units, with each unit offering a practical layout and essential amenities including a gas stove, refrigerator, wall/window A/C, and additional storage.
Conveniently located near Downtown Merced, the property provides easy access to shopping, dining, public transportation, and UC Merced, making the location attractive to a variety of renters, including students, professionals, and families. The property sits on approximately 7,504 square feet and includes four separate gas meters and four separate electric meters.
With four 2-bedroom, 1-bath units and strong rental potential, this property offers a great opportunity to own a multifamily asset in an established Merced location.
For sale
Listed by: Homesmart PV & Associates • Guillermo Bravo • Contact: 209-261-7021
Price cut: $30.1K (9/16)
$599,900
60 E 12th St, Merced, CA 95341
8beds
4baths
3,000sqft
Quadruplex
Built in 1977
-- sqft lot
$-- Zestimate®
$200/sqft
$-- HOA
What's special
- 43 days
- 184
- 9
Zillow last checked:
Listing updated:
Listed by:
Guillermo Bravo DRE #01441674 209-261-7021,
Homesmart PV & Associates
Source: CRMLS,MLS#: MC26182432
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
Lot
- Size: 7,504 Square Feet
Details
- Parcel number: 035032004000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Merced
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $527,500
- Date on market: 8/19/2026
- Cumulative days on market: 44 days
- Listing terms: Cash,Conventional,Submit
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$2,100/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $599,900-4.8%$200/sqft |
Source: | ||
| 8/20/2026 | Listed for sale | $630,000+19.4%$210/sqft |
Source: | ||
| 9/5/2025 | Sold | $527,500-8.3%$176/sqft |
Source: | ||
| 8/7/2025 | Pending sale | $575,000$192/sqft |
Source: | ||
| 7/29/2025 | Contingent | $575,000$192/sqft |
Source: | ||
| 7/29/2025 | Listed for sale | $575,000$192/sqft |
Source: MetroList Services of CA #225081096 Report a problem | ||
| 7/3/2025 | Pending sale | $575,000$192/sqft |
Source: MetroList Services of CA #225081096 Report a problem | ||
| 6/18/2025 | Listing removed | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 6/17/2025 | Listed for sale | $575,000+40.2%$192/sqft |
Source: | ||
| 6/5/2025 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/21/2024 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 10/19/2023 | Sold | $410,000+17.1%$137/sqft |
Source: Public Record Report a problem | ||
| 10/6/2023 | Pending sale | $350,000$117/sqft |
Source: MetroList Services of CA #223093764 Report a problem | ||
| 9/25/2023 | Listed for sale | $350,000$117/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $527,500 +26.1% |
| 2025 | $4,658 +5.7% | $418,160 +2% |
| 2024 | $4,405 +174.1% | $410,000 +178.8% |
| 2023 | $1,607 +1.3% | $147,068 +1.9% |
| 2022 | $1,586 +2.5% | $144,275 +4.3% |
| 2021 | $1,548 -0.7% | $138,288 +1% |
| 2020 | $1,559 +1.5% | $136,885 +2% |
| 2019 | $1,536 +9.6% | $134,228 +2% |
| 2018 | $1,402 -3.2% | $131,624 +2.4% |
| 2017 | $1,449 +1.6% | $128,521 +2% |
| 2016 | $1,426 +3.7% | $126,018 +1.5% |
| 2015 | $1,375 | $124,138 +1.9% |
| 2014 | $1,375 +2.9% | $121,803 +0.5% |
| 2013 | $1,337 | $121,178 +2% |
| 2012 | -- | $118,818 +2% |
| 2011 | -- | $116,505 +0.7% |
| 2010 | -- | $115,721 -0.2% |
| 2009 | -- | $115,913 +2% |
| 2008 | -- | $113,657 +2% |
| 2007 | -- | $111,445 +2% |
| 2006 | -- | $109,277 +2% |
| 2005 | -- | $107,151 +2% |
| 2004 | -- | $105,067 +1.9% |
| 2003 | -- | $103,157 +2% |
| 2002 | -- | $101,151 +1.9% |
| 2001 | -- | $99,264 |
Find assessor info on the county website
Monthly payment
Est. payment






