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Sold on 09/22/2021
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1406 E Alexander Ave, Merced, CA 95340

  • $407,000

    Last sold 09/22/2021 for $300K

  • —

    bed

  • —

    bath

  • 0.45

    Acre ($660K/Acre)

Lot/Land not for sale
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About 1406 E Alexander Ave

Property type Lot/Land
HOA fee $0/month
Lot size 0.45 Acre
Movoto estimate
Property description
Two adjacent MULTI-RESIDENTIAL lots for sale, centrally located in the within city limits. Merced has been coined as The City On The Rise and is one of the fastest growing county's in the state! Seller has plans for a 6 unit apartment complex. Both lots together will consist of just under a half acre with room for potentially more units. This location is just a short drive to UC Merced, one of the fastest growing UC's in the state. The vacancy rates in Merced are already historically low making it a perfect time to add a multi-residential property to the market. With UC Merced's 2020 Plan, student count is expected to be around 10,000 by the year 2020. Merced College, Mercy Medical Center, Merced High School, Chenoweth Elementary, Merced Mall and much more. You also have Downtown Merced which is on the path of REVITALIZATION with new hotels, plenty of restaurants, theatre, nightlife and the future hub for the ACE Train and High Speed Rail!
Listed by
Listing Agent - Ernesto Ochoa
Listing Office - London Properties, LTD
Source: Metrolist Services,Inc. mls logo
MLS#19043808 • last updated 6 years ago
Movoto checked Metrolist Services,Inc. for data 2 minutes ago
Overview
SubType Residential Lot
MLS # 19043808
Lot Size (Acres) 0.4541
Lot Size (SqFt) 19781
Exterior
Other Structure(s) Other-Rmks
Amenities / Utilities
Sewer/ Septic Sewer At Site
Irrigation None
Utilities Other-Rmks
Equipment Included None
Location
Area 20408
County Merced
School 3 Senior High, Merced Union High
School 2 Junior High, Merced City
School 1 Elementary, Merced City
School County Merced
APN 007-121-029-000
Directions From Olive Ave, Go South On Nottingham Lane, Then Right On Alexander Ave
Zoning Multi-Residential, R-2
Multifamily Details
Income Includes None
Lot/ Land Details
Crops None
Current Use Bare Land
Vegetation None
Probable Use Multi-Residential
Development Status Raw Land
Road Frontage Public Maintained Rd
Road Surface Paved
$407K
Range: $366K-$447K
Last 30 days 
  • Sep 2021
    Public Records
  • Sep 22, 2021 Sold
    $300,000 (+106.9%)
  • Aug 2019
    mls logo MLS # MC19116112
  • Aug 30, 2019 Sold
    $145,000
  • Jun 27, 2019 Pending
    —
  • Jun 20, 2019 Listed
    $155,000 (-36.7%)
  • May 16, 2019 Listed
    $245,000 (+152.6%)
  • Aug 2019
    mls logo MLS # 19043808
  • Aug 30, 2019 Sold
    $145,000 (-6.5%)
  • Jun 26, 2019 Pending Sale
    —
  • Jun 21, 2019 Listed
    $155,000
  • Dec 2016
    Public Records
  • Dec 8, 2016 Sold
    $97,000
  • Oct 2004
    mls logo MLS # MC4067906
  • Oct 23, 2004 Expired
    —
  • 1406 E Alexander Ave
    $300K
  • —
  • 95340
    $449K +8% y/y
  • Merced
    $435K +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Donn B. Chenoweth Elementary School
public Grades K-6
Merced City Elementary School District
4/10
Herbert Hoover 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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