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2456 Glen Avenue, Merced, CA 95340

Property · 2 recorded sales since 2019

2456 Glen Avenue, Merced, CA 95340 Sold August 2022 CRMLS
$5,720,000Sold August 2022

Listing Agent: Jigar Shah (DRE #01116918) · Listing Office: Century 21 Discovery · Contact: 714-626-2000 · Bought with: Jose Fregoso · RE/MAX ESTATE PROPERTIES · MLS #PW22108009 · Source: CRMLS

152,460 sqft
Lot Size
1964
Year Built
Property
Type
0
Garage
WallWindowUnits
Cooling
WallFurnace
Heating

About this property

What a Fabulous opportunity to own 44 Units Apartment in Merced!!This complex has been 100% occupied and have waiting list for renters. All Units are single story giving a feeling of single family homes to all the occupants. There is a separate Laundry facility with Brand New Equipments offering 5 Washers and 5 Dryers. This Amazing Complex is located on sprawling 3.5 acres with plenty of parking, fenced Pool and large open spaces for tenants to enjoy. It is very close to Schools, Shopping, Freeway and a Short distance to UC MERCED. Large land also offer possibility of additional units. All the Buildings were painted outside in less than last 60 days and some roofs were replaced as well. Sellers have gone through quite a bit of work in last 12 months. Current rents are extremely low compared to market rents.

Listing description from the August 2022 sale, as reported to CRMLS.

Sale history

$5,720,000
Sold August 2022 · on market May 2022 · MLS #PW22108009 · Source: CRMLS
Listing Agent: Jigar Shah · Listing Office: Century 21 Discovery · Contact: 714-626-2000 · Bought with: Jose Fregoso · RE/MAX ESTATE PROPERTIES
$3,815,000
Sold December 2019 · listed $4,100,000, on market October 2019 · MLS #MC19259732 · Source: CRMLS
Listing Agent: Conchita Swiggart · Listing Office: Next Door Real Estate · Contact: 209-383-6475 · Bought with: Jigar Shah · Century 21 Discovery
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