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Sold on 11/21/2022
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1040 K St, Merced, CA 95341

$517,000

Last sold 11/21/2022 for $400K

  • —

    bed

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    bath

Multi-family not for sale
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About 1040 K St

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 10,794 Sqft
Movoto estimate
Property description
4 Unit Apartment Complex with long term tenants
Listed by
Listing Agent - Don Taylor
Listing Office - London Properties Ltd - Merced
Source: CRMLS mls logo
MLS#MC22065479 • last updated 3 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style One
Type Residential Income
Status Closed
Lot Size (Acres) 0.2478
Lot Size (SqFt) 10794
Year Built 1979
Interior
Laundry None
Other Room(s) All Bedrooms Down
Appliances Gas Cooktop
Exterior
Foundation Slab
Building Area Square Feet, 3552
# Uncovered Spaces 8
# Parking Spaces 8
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
County Merced
Community Features Curbs, Urban
Zoning R-3-1.5
Directions S On Martin Luther Kings St, R On 11th, L On K
APN 32072016000
Multifamily Details
Expense: Trash 800
Operating Expense 4930
Expense: Insurance 1310
Total Expenses 4930
Expense: Water/ Sewer 1600
Gross Income 38680
Gross Scheduled Income 38680
$517K
Range: $403K-$630K
Last 30 days 
  • Nov 2022
    Public Records
  • Nov 21, 2022 Sold
    $400,000
  • Nov 2022
    mls logo MLS # MC22065479
  • Nov 21, 2022 Sold
    $400,000
  • Apr 1, 2022 Pending
    —
  • Mar 30, 2022 Listed
    $400,000 (+344.4%)
  • Mar 2011
    Public Records
  • Mar 31, 2011 Sold
    $90,000 (-82.0%)
  • Mar 2006
    Public Records
  • Mar 30, 2006 Sold
    $500,000
  • Year Property taxes Tax assessment
  • 2024
    $4,385 +1.4%
    $416,135 +2.0%
  • 2023
    $4,324 +253.7%
    $407,988 +269.04%
  • 2022
    $1,222 +0.2%
    $110,553 +1.99%
  • 2021
    $1,220 -0.7%
    $108,400
  • 2020
    $1,228 +1.5%
    $108,400 +1.03%
  • 2019
    $1,209 +9.6%
    $107,297 +1.92%
  • 2018
    $1,103
    $105,278
  • 1040 K St
    $400K
  • South Merced
    $390K +3% y/y
  • 95341
    $420K +1% y/y
  • Merced
    $434K +2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Tenaya Middle School
public Grades 7-8
Merced City Elementary School District
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 11/12/2026. 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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