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

$1,095,000

Last sold 07/21/2025 for $1.05M

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    bed

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    bath

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 Agent Contact: 209-777-9955
Listing Office - Soldavi Inc.
Source: CRMLS mls logo
MLS#MC25135075 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two, Traditional
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.2583
Lot Size (SqFt) 11250
Year Built 1960
Interior
Laundry None
Other Room(s) Living Room
Flooring Laminate
Interior Features Formica Counters, Open Floorplan
Accessibility Features Parking
Exterior
Foundation Slab
Building Area Square Feet, 7000
Parking On Site, Parking Space, Private, Pull-through
# Uncovered Spaces 12
# Parking Spaces 12
Lot Description Lot 10000-19999 Sqft, Paved
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric 220 Volts In Kitchen
Spa None
Pool None
Location
View City Lights, Neighborhood
County Merced
Community Features Sidewalks, Street Lights
Zoning C-O
Directions Martin Luther King Jr Way, Left Onto W 21st St
APN 30273011000
Multifamily Details
Expense: Trash 329.02
Operating Expense 362
Expense: Insurance 7824
Total Expenses 12934.03
Expense: Water/ Sewer 436.01
Gross Scheduled Income 5369
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.09M
Range: $996K-$1.19M
Last 30 days 
Rental est.: $1,111/month
Gross rent multiplier: 78.8
  • 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
  • Year Property taxes Tax assessment
  • 2024
    $8,970 +1.4%
    $855,181 +4.02%
  • 2023
    $8,846 +1.3%
    $822,124 +1.99%
  • 2022
    $8,733 +0.2%
    $806,080 +2.04%
  • 2021
    $8,711 +20.7%
    $790,000 +22.94%
  • 2020
    $7,220 +0.3%
    $642,601
  • 2019
    $7,200 +27.4%
    $642,601 +0.78%
  • 2018
    $5,650
    $637,601
  • 423 W 21st St
    $1.05M
  • 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
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 11/1/2026. 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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