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Sold on 05/23/2016
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260 W 20th St, Merced, CA 95340

$271,000

Last sold 05/23/2016 for $250K

  • —

    bed

  • —

    bath

  • 3,493

    Sqft ($72/Sqft)

Multi-family not for sale
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About 260 W 20th St

Property type Multi-family
Year built 1960
HOA fee $0/month
Lot size 7,501 Sqft
Movoto estimate
Rental estimate
Property description
6 Units- 260 W. 20th is a free standing 2/1 SFR that is roughly 1,261 SF and has a fireplace, indoor utility room, large living room. covered porches in front and back, central HVAC, good size kitchen with dinette. Bathroom has a separate shower and tub. Currently rents for $650/month. 1928 MLK Jr. Way is a free standing 1/1 SFR adjacent to the alley that has roughly 632 SF. Has a wall heater and a wall AC and bathroom has a shower over the tub. Currently rented for $575 /month. 4-plex (i.e. 1936 A & B + 1938 A & B) has stacked 1/1 units that are approximately 400 SF each with wall AC units. Units rent for 3 x $425 1 x $365. Gross Scheduled rents per month are $2,875 = $34,500 Annually
Listed by
Listing Agent - Steve Tinetti
Listing Office - Tinetti Realty Group
Source: CRMLS mls logo
MLS#MC14224017 • last updated 10 years ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style Two
Status Closed
Lot Size (Acres) 0.17
Lot Size (SqFt) 7501
Year Built 1960
Interior
Other Room(s) Living Room
Appliances Electric Oven
Interior Features 2 Staircases
Accessibility Features 2+ Access Exits
Exterior
Foundation Concrete Perimeter, Concrete Slab
Building Area 3493
Parking Street
Lot Description Corner Lot, Front Yard, Lot 6500-9999, Lot-Level/Flat
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Sewer Connected
Water Source District/Public
Spa None
Pool None
Location
View Neighborhood
County Merced
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting
Zoning R-4
Directions Located On The SEC Of Martin Luther King, Jr. Way And West 20th Street
APN 31073001000
Multifamily Details
Vacancy Allowance Rate 5
Vacancy Allowance 1725
Expense: Trash 1646
Operating Expense 17005
Cap Rate 5.86
Expense: Insurance 3228
Total Expenses 17005
Expense: Maintenance 1500
Expense: Water/ Sewer 3280
Gross Income 2875
Gross Operating Income 32775
Gross Multiplier 7.8
Gross Scheduled Income 34500
Expense: Gardner 1200
$271K
Range: $219K-$322K
Last 30 days 
Rental est.: $1,101/month
Gross rent multiplier: 18.9
  • May 2016
    mls logo MLS # MC14224017
  • May 23, 2016 Sold
    $250,000
  • Oct 19, 2014 Listed
    $269,950
  • May 2016
    Public Records
  • May 18, 2016 Sold
    $250,000 (-7.4%)
  • Year Property taxes Tax assessment
  • 2024
    $3,111 +1.4%
    $295,766 +4.08%
  • 2023
    $3,068 +1.3%
    $284,163 +1.98%
  • 2022
    $3,028 +0.1%
    $278,633 +1.91%
  • 2021
    $3,024 -0.7%
    $273,422 +1.11%
  • 2020
    $3,045 +1.5%
    $270,433
  • 2019
    $3,000 +9.6%
    $270,433 +1.98%
  • 2018
    $2,737
    $265,172
  • 260 W 20th St
    $250K
  • —
  • 95340
    $430K +14% y/y
  • Merced
    $432K +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
John Muir 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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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 11/3/2026. 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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