3150 3158 College Avenue, Merced, CA 95340

About this property

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.

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history

$1,350,000

Sold November 2025 · listed $1,499,999, on market August 2025 · MLS #MC25181024 · Source: CRMLS

Listing Agent: Armando Diaz · Listing Office: Soldavi Inc. · Contact: 209-777-9955 · Bought with: General NONMEMBER · NONMEMBER MRML

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