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Sold on 07/21/2025
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423 W 21st St, Merced, CA 95340

  • $1,068,000

    Last sold 07/21/2025 for $1.05M

  • —

    bed

  • —

    bath

  • 7,000

    Sqft ($150/Sqft)

Multi-family not for sale
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About 423 W 21st St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 0.26 Acre
Movoto estimate
Rental estimate
Property description
A prime investment opportunity in Merced! This professionally maintained 10-unit apartment complex is ideally located near Downtown Merced, shopping, dining, public transportation, and UC Merced making it a highly desirable option for tenants. Nine units features 1 bedroom and 1 bathroom and one is 2 bd 1 bath, with built-in bookshelves, a functional eat-at kitchen counter, attractive wood flooring, and assigned uncovered parking. The property also boasts fresh, professional exterior paint, enhancing curb appeal and reducing future maintenance costs.
Listed by
Listing Agent - Armando Diaz
Listing Office - Soldavi Inc.
Source: Metrolist Services,Inc. mls logo
MLS#225080576 • last updated 1 year ago
Movoto checked Metrolist Services,Inc. for data 6 minutes ago
Overview
Cooling/AC Wall Unit(s), Window Unit(s)
Heating Wall Furnace
Levels/Style 2, Two
Type Residential Income
MLS # 225080576
Status Active
SubType 5 Or More Units
SqFt 7000
Lot Size (Sqft) 11252
Lot Size (Acres) 0.2583
Year Built 1960
Interior
Laundry Other
Flooring Laminate
Exterior
Foundation Slab
Roof Shingle, Composition
Construction Stucco, Frame
Parking Uncovered
Lot Features Curbs/Gutters
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 Martin Luther King Jr Way, Left Onto W 21st St
APN 030-273-011
Multifamily Details
Total # of Units 10
Operating Expense Includes Professional Management, Utilities
Income Includes Rent Only
$1.06M
Range: $971K-$1.16M
Last 30 days 
Rental est.: $1,114/month
Gross rent multiplier: 78.5
  • Jul 2025
    mls logo MLS # 225080576
  • Jul 21, 2025 Sold
    $1,050,000
  • Jul 3, 2025 Pending
    —
  • Jun 16, 2025 Listed
    $1,199,000 (+51.8%)
  • Jul 2025
    mls logo MLS # MC25135075
  • Jul 21, 2025 Sold
    $1,050,000
  • Jul 3, 2025 Pending
    —
  • Jun 16, 2025 Listed
    $1,199,000
  • Jul 2025
    Public Records
  • Jul 21, 2025 Sold
    $1,050,000 (-12.4%)
  • Oct 2020
    Public Records
  • Oct 27, 2020 Sold
    $790,000 (+31.7%)
  • Nov 2006
    Public Records
  • Nov 8, 2006 Sold
    $600,000 (+9.4%)
  • Nov 2003
    Public Records
  • Nov 13, 2003 Sold
    $548,500
  • 423 W 21st St
    $1.05M
  • Downtown Merced
    $359K 0% y/y
  • 95340
    $439K +9% y/y
  • Merced
    $435K +1% y/y
No chart available
Statistics calculated by Movoto

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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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