308 W 20Th St, Merced, CA 95340
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,350,000
Est. payment /mo
0.31 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41128774

HOA Y/N No

Year Built 1966

Lot Size 0.310 Acres

Property Sub-Type Triplex

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! Two adjacent parcels—308, 310, 312 W. 20th St. and 1927, 1935, 1943 Martin Luther King Jr. Way—are being offered together, featuring a total of six units. This multi-family asset is located in a rapidly developing area within walking distance of revitalized Downtown Merced. It also offers convenient access to Merced College and University of California, Merced, as well as nearby public transportation, major freeways, and the planned high-speed rail station—making it highly attractive for tenants.The property consists of six 2-bedroom, 1-bathroom units, all currently tenant-occupied. Major upgrade already done! Roof is under 6 years old. One unit has been fully renovated, featuring fresh paint, new flooring, and a completely updated kitchen and bathroom. The property offers four covered parking spaces, along with ample street parking for tenants and guests. Both buildings sit on the same site under two separate parcel numbers, presenting flexibility and added value. This is an excellent candidate for a 1031 exchange. Don't miss the chance to secure an income-generating property in one of Merced's most promising growth areas. This is an opportunity you won't want to overlook.

Location

State CA

County Merced

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplace No

Exterior

Parking Features Covered

Roof Type Metal

Total Parking Spaces 4

Building

Sewer Public Sewer

Others

Tax ID 031071005000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Jesse Kalsi Kal Real Estate Group #01181722

NEARBY SCHOOL & BUSINESS

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