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Sold on 05/01/2025
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127 W 18th St, Merced, CA 95340

$2,403,438

Last sold 05/01/2025 for $1.62M

  • —

    bed

  • —

    bath

  • 16,615

    Sqft ($98/Sqft)

Multi-family not for sale
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About 127 W 18th St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 0.69 Acre
Movoto estimate
Rental estimate
Property description
Worldbid auction - Court Ordered. 23 unit apartment complex is the heart of Merced. Under market rents! Qualifying round sealed bids due April 23, 2025 Noon PT. Proof of funds to close required with bid submission. Completely non contingent auction. Buyers must conduct due diligence in advance of the auction. If you are obtaining a loan, lender approval letter required with bid submission. Proforma rents of $268,000. 69% occupied. Review the offering memorandum for bidding information and property information. Seller is not providing any inspection reports. Current appraised value $1.3 million.Sealed bid auction contract attached. Review property information at Braunworldbid.com/commercial property auctions.
Listed by
Listing Agent - Anthony Fitzgerald
Listing Office - Premiere Estates International Real Estate
Source: SFARMLS mls logo
MLS#225032681 • last updated 1 year ago
Movoto checked SFARMLS for data 6 minutes ago
Overview
Cooling/AC None
Heating Individual
Levels/Style 1, 1
SqFt 16615
SubType 5 Or More Units, Garden Apartments
Type Residential Income
MLS # 225032681
Status Pending
Lot Size (Acres) 0.6887
Lot Size (SqFt) 30000
Interior
Laundry Coin Operated
Flooring See Remarks
Exterior
Foundation See Remarks
Construction Stucco
# Parking Spaces 21
Parking Desc Open
Lot Desc Sidewalk
Amenities / Utilities
Water Source Public
Utilities City
Sewer/ Septic Public Sewer
Irrigation Public District
Security Features None
Location
County Merced
APN 013-082-101-600
Zoning R4
Directions Off MLK Way
Multifamily Details
# Of Units Total 23
# Of 1 Bedroom Units 23
# Of Units Month To Month 15
# Of Units Vacant 8
# Of Units Leased 15
$2.4M
Range: $2.16M-$2.64M
Last 30 days 
Rental est.: $1,214/month
Gross rent multiplier: 111.6
  • Jun 2025
    mls logo MLS # 225032681
  • Jun 24, 2025 Sold
    $1,625,454 (+160.1%)
  • May 1, 2025 Pending
    —
  • Mar 18, 2025 Listed
    $625,000
  • 127 W 18th St
    $1.62M
  • Downtown Merced
    $330K -2% y/y
  • 95340
    $415K +4% y/y
  • Merced
    $432K +1% 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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