Movoto Real Estate
Sold on 11/07/2025
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3150 College Ave, Merced, CA 95340

  • $1,350,000

    Last sold 11/07/2025

  • bed

  • bath

  • 5,600

    Sqft ($241/Sqft)

Multi-family not for sale
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About 3150 College Ave

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 0.37 Acre
Parking 8 garage spaces
Rental estimate
Property description
TWO 4-UNIT APARTMENT COMPLEXES WITH GARAGES SOLD TOGETHER Outstanding investment opportunity in Merced. This package includes two separate 4 unit buildings on individual APNs, for a total of 8 units. Each unit is a 2 bedroom, 1 bath floor plan with approximately 700 square feet of living space and private garages, a rare and desirable feature for tenants. Six of the eight units have been tastefully remodeled, featuring laminate flooring, fresh interior paint, granite countertops, updated fixtures, and either standing showers or tub and shower combinations, offering modern comfort and appeal. The properties are well maintained with strong rental history, stable occupancy, and low maintenance construction. Located near shopping, schools, dining, and public transit, just minutes from UC Merced and downtown. This is a great opportunity with strong cash flow and long term appreciation potential in a growing market with high tenant demand. Do not miss this chance to own a solid multifamily investment in a prime Merced location.
Listed by
Listing Agent - Armando Diaz
Listing Office - Soldavi Inc.
Source: Metrolist Services,Inc. mls logo
MLS#225105685 • last updated 8 months ago
Movoto checked Metrolist Services,Inc. for data 8 minutes ago
Overview
Cooling/AC Central
Heating Central
Levels/Style 2
Type Residential Income
MLS # 225105685
Status Closed
SubType 5 Or More Units
SqFt 5600
Lot Size (Sqft) 16200
Lot Size (Acres) 0.3719
Year Built 1965
Interior
Laundry Washer/Dryer Hookups
Flooring Carpet, Laminate, Vinyl, Linoleum
Appliances Free Standing Refrigerator, Dishwasher, Free Standing Electric Range
Exterior
Foundation Slab
Roof Composition
Construction Stucco, Frame
Parking Attached, Garage
Lot Features Curbs/Gutters, Sidewalk
Irrigation Source Public District
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Location
Elementary School District Merced City
Middle School District Merced City
High School District Merced Union High
Directions G St, Right Onto E. Olive Ave, Left On College Ave
APN 006-122-018
Multifamily Details
Total # of Units 8
Operating Expense Includes Repairs, Trash, Maintenance Grounds, Manager, Water/Sewer
Income Includes Rent Only
Rental est.: $1,153/month
Gross rent multiplier: 97.6
  • Nov 2025
    mls logo MLS # 225105685
  • Nov 7, 2025 Sold
    $1,350,000
  • Sep 5, 2025 Pending
  • Aug 11, 2025 Listed
    $1,499,999 (+66.7%)
  • Nov 2025
    mls logo MLS # MC25181024
  • Nov 7, 2025 Sold
    $1,350,000 (+100.0%)
  • Sep 5, 2025 Pending
  • Aug 11, 2025 Listed
    $1,499,999
  • Nov 2025
    Public Records
  • Nov 5, 2025 Sold
    $675,000 (-55.0%)
  • May 2019
    Public Records
  • May 31, 2019 Sold
    $900,000
  • May 2019
    mls logo MLS # MC19124500
  • May 31, 2019 Sold
    $900,000
  • May 31, 2019 Sold
    $900,000 (+2.3%)
  • May 30, 2019 Pending
  • May 29, 2019 Listed
    $880,000
  • May 29, 2019 Listed
    $880,000 (+67.6%)
  • Oct 2004
    Public Records
  • Oct 15, 2004 Sold
    $525,000
  • 3150 College Ave
    $1.35M
  • North Merced
    $450K +3% y/y
  • 95340
    $449K +8% y/y
  • Merced
    $435K +1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Source: GreatSchools.org © 2026. All rights reserved.

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  • 3150 College Ave
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