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Sold on 01/16/2026
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1037 W Santa Fe, Merced, CA 95340

$683,334

Last sold 01/16/2026 after 79 Days

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    bed

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    bath

Multi-family not for sale
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About 1037 W Santa Fe

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 0.45 Acre
Parking 1 garage spaces
Rental estimate
Property description
SIX HOMES ON ONE APN! An incredible opportunity awaits with this unique property featuring SIX separate 2-bedroom, 1-bath homes, each offering its own private front and backyard. Plus, each home has it's own detached one-car garage. Situated on a single APN, the homes at 1021,1025, 1029, 1033 (Currently being renovated) 1037 and 1041 W Santa offer a rare setup that provides flexibility and strong income potential — perfect for a first-time investor or a seasoned professional looking to expand their portfolio. Each home is individually metered, with comfortable living spaces and outdoor areas ideal for your tenants. The property is well-maintained and conveniently located near Applegate Park, the expanded Merced Mall, schools, and commuter routes--making it a desirable rental option in any market. Please note--The Property is only being sold with the 3 homes listed at 1045 W Santa Fe. Don’t miss this chance to own a rare multi-unit property with strong investment possibilities.
Listed by
Listing Agent - Beth Christensen
Listing Agent Contact: 209-489-9070
Listing Office - Re/max Executive
Source: CRMLS mls logo
MLS#MC25249037 • last updated 9 months ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style One, Bungalow
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.4477
Lot Size (SqFt) 19500
Year Built 1960
Interior
Laundry None
Other Room(s) All Bedrooms Down
Appliances Gas Range
Exterior
Building Area Square Feet, 4356
Roof Composition
Parking Garage Faces Rear
# Parking Spaces 1
# Garage Spaces 1
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Inclusions Stoves
Spa None
Pool None
Location
View None
County Merced
Community Features Sidewalks
Directions R Street, Right On 25th, Right On Q, Right Onto Santa Fe
APN 30063018000
Multifamily Details
Tenant Pays None
Operating Expense 7704
Expense: Insurance 2034
Total Expenses 8034
Gross Income 90696
Gross Scheduled Income 98400
Rental est.: $1,111/month
Gross rent multiplier: 51.3
  • Jan 2026
    mls logo MLS # MC25249037
  • Jan 16, 2026 Sold
    $683,334 (-33.3%)
  • Nov 2, 2025 Pending
    —
  • Oct 29, 2025 Listed
    $1,000,000
  • Jan 2026
    Public Records
  • Jan 16, 2026 Sold
    $1,025,000 (+2.5%)
  • Year Property taxes Tax assessment
  • 2025
    $1,663 +5.7%
    $148,450
  • 2024
    $1,573 +1.4%
    $148,450 +2.0%
  • 2023
    $1,551 +1.4%
    $145,540 +2.0%
  • 2022
    $1,530 +0.2%
    $142,688 +2.0%
  • 2021
    $1,526 -0.7%
    $139,891 +3.06%
  • 2020
    $1,537 +1.7%
    $135,744
  • 2019
    $1,511 +9.7%
    $135,744 +2.0%
  • 2018
    $1,377
    $133,083
  • 1037 W Santa Fe
    $683K
  • Downtown Merced
    $345K +8% y/y
  • 95340
    $429K +8% y/y
  • Merced
    $430K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Merced High School
public Grades 9-12
Merced Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/29/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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