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Sold on 05/02/2017
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3100 Denver Ave, Merced, CA 95348

  • $6,282,000

    Last sold 05/02/2017 for $3.03M

  • 3

    bed

  • 3

    bath

House not for sale
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About 3100 Denver Ave

Property type House
Year built 1981
HOA fee $0/month
Lot size 2.9 Acre
Movoto estimate
Rental estimate
Property description
12 studios (rents now $400 to $450 all going to $450) + 24 1 Bd. Rm. (rents now $420 to $550 all going to $550) + 28 2 BD. Rm. (rents now $525 to $675 all going raised to $650). Has pool (fenced), lndry. rm, storage rm, covered pking & open area (to build more units?) Cost to build new units (including land, soft costs etc) runs between $100,000 to $140,000. Priced at $60,000 & with less than $20,000 / unit in renovation costs you'll have 'like new' units in one of the best geographic locations in Merced.
Listed by
Listing Agent - Steve
Listing Office - Tinetti Realty Group
Source: San Diego MLS mls logo
MLS#MC16146447 • last updated 6 years ago
Movoto checked San Diego MLS for data 22 minutes ago
Overview
Cooling/AC Central Forced Air
Heating Forced Air Unit
Levels/Style 1 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # MC16146447
Lot Size (SqFt) 126324
Year Built 1981
Exterior
Exterior Other/Remarks
Irrigation Sprinklers
Amenities / Utilities
Water Source Meter On Property
Pool Desc Below Ground
Location
County Merced
APN 58182011000
Directions WEst On Olive From R To Austin Turn Right (north) One Block To Conestoga Drive, Turn Right (east) To Denver Cross Streets: Cones
Multifamily Details
Unit 2: # Bedrooms 1
Unit 3: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 2: Actual Rent 485
Unit 3: Actual Rent 600
# of Units w/Refrigerator 64
Total # of Units 64
# of Units w/Washers 64
# of Units w/Range/Oven 64
Gross Rent Multiplier (Actual) 8.7
Gross Scheduled Income 441600
$6.28M
Range: $5.33M-$7.22M
Last 30 days 
Rental est.: $2,040/month
Gross rent multiplier: 124.1
  • Feb 2025
    Public Records
  • Feb 19, 2025 Sold
    $3,200,000 (+5.3%)
  • May 2017
    Public Records
  • May 2, 2017 Sold
    $3,038,000
  • May 2017
    mls logo MLS # MC16146447
  • May 2, 2017 Sold
    $3,038,000
  • May 2, 2017 Sold
    $3,038,000
  • Mar 24, 2017 Pending
    —
  • Feb 9, 2017 Active
    —
  • Feb 6, 2017 Listed
    —
  • Nov 22, 2016 Active
    —
  • Jul 6, 2016 Listed
    $3,840,000
  • Jul 6, 2016 Listed
    $3,840,000
  • May 2017
    mls logo MLS # 16044082
  • May 2, 2017 Sold
    $3,038,000 (-20.9%)
  • Dec 7, 2016 Pending Sale
    —
  • Jul 8, 2016 Listed
    $3,840,000
  • 3100 Denver Ave
    $3.03M
  • —
  • 95348
    $455K 0% y/y
  • Merced
    $434K +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
5/10
Rudolph Rivera 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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