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    2917 Oleander Avenue

    Merced, CA 95340
    • $2,495,000
    • STATUS: Active
    • ON SITE: 51 Days
    • ID#: MC21175025
    UPDATED: 52 min ago
    $2,495,000
    • 0
      BEDS
    • 4.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Ratings & Info

    Description

    Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. The property also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 beds, 1 bath country home with its own backyard and a garage, and a 1 bed, 1 bath unit with a nice backyard. One parcel has a 3 bed, 2 bath home, and includes an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years even with the recent covid. This whole property has the potential for 43 SFR buildouts in the near future. Location, location, location! Located in North Merced near UC Merced, Merced Mall, Mercy Medical Center, Downtown Merced, and many restaurants. Schedule your appointment today to see this amazing opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T07:29:04.23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/120862589
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    2917 Oleander Avenue Merced, CA 95340

    • Price: $2,495,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: MC21175025
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.6
    Acres
    1932
    Built
    County:
    Merced
    Property Description
    Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. The property also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 beds, 1 bath country home with its own backyard and a garage, and a 1 bed, 1 bath unit with a nice backyard. One parcel has a 3 bed, 2 bath home, and includes an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years even with the recent covid. This whole property has the potential for 43 SFR buildouts in the near future. Location, location, location! Located in North Merced near UC Merced, Merced Mall, Mercy Medical Center, Downtown Merced, and many restaurants. Schedule your appointment today to see this amazing opportunity.
    Exterior Features

    Carport Spaces 2 Carport YN Yes Construction Materials Frame Foundation Details Slab Lot Features Back YardFront YardLawnRectangular LotYard Number Of Separate Electric Meters 0 Other Structures Storage Parking Features CarportGarageSee Remarks Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Appliances Gas Range Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Flooring See RemarksTile Heating Floor FurnaceSee RemarksWall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

    Property Features

    Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalSubmit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 0 Possession Close Of Escrow Property Sub Type Single Family Residence Rent Control YN Yes Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning R-1

    Listing provided courtesy of Randy Hayer of Svn Executive Commercial Advisors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T07:29:04.23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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