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Sold on 08/29/2025
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351 W 19th St, Merced, CA 95340

$1,516,000

Last sold 08/29/2025 for $1.4M

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    bed

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    bath

Multi-family not for sale

About 351 W 19th St

Property type Multi-family
Neighborhood
Year built 1975
HOA fee $0/month
Lot size 0.34 Acre
Movoto estimate
Rental estimate
Property description
A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
Listed by
Listing Agent - Jeff Nightengale
Listing Agent Contact: 209-947-2247
Listing Office - London Properties Ltd - Merced
Source: CRMLS mls logo
MLS#MC25152545 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.3444
Lot Size (SqFt) 15000
Year Built 1975
Interior
Window Features Double Pane Windows
Exterior
Building Area Square Feet, 8000
Roof Tile
Parking Parking Space, Street
Lot Description Corner Lot, Lot 10000-19999 Sqft, Paved
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Merced
Community Features Gutters
Zoning R-4
Directions Go North On G St; Turn Right On 19th
APN 31071012000
Multifamily Details
Tenant Pays Electricity
Expense: Trash 6600
Operating Expense 39498
Cap Rate 5.66
Expense: Insurance 11500
Total Expenses 39498
Expense: Water/ Sewer 6600
Gross Income 130200
Gross Scheduled Income 130200
Expense: Fuel 4440
Expense: Gardener 1800
$1.51M
Range: $1.36M-$1.66M
Last 30 days 
Rental est.: $1,111/month
Gross rent multiplier: 105.0
  • Aug 2025
    mls logo MLS # MC25152545
  • Aug 29, 2025 Sold
    $1,400,000
  • Aug 4, 2025 Active
    —
  • Jul 8, 2025 Listed
    $1,600,000
  • Aug 2025
    Public Records
  • Aug 29, 2025 Sold
    $1,400,000 (-12.5%)
  • Year Property taxes Tax assessment
  • 2024
    $4,958 +1.4%
    $472,590 +4.21%
  • 2023
    $4,889 +1.3%
    $453,487 +1.99%
  • 2022
    $4,826 +0.2%
    $444,624
  • 2021
    $4,817 -0.8%
    $444,624 +1.96%
  • 2020
    $4,854 +1.5%
    $436,074 +1.06%
  • 2019
    $4,780 +9.6%
    $431,480 +1.99%
  • 2018
    $4,361
    $423,048
  • 351 W 19th St
    $1.4M
  • Downtown Merced
    $357K +3% y/y
  • 95340
    $430K +14% y/y
  • Merced
    $432K +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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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.
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