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Sold on 10/20/2017
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425 W 23rd St, Merced, CA 95340

$388,000

Last sold 10/20/2017 for $275K

  • —

    bed

  • —

    bath

  • 2,688

    Sqft ($102/Sqft)

Multi-family not for sale
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About 425 W 23rd St

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 7,501 Sqft
Movoto estimate
Parking 5 garage spaces
Rental estimate
Property description
This property is fully-rented, centrally-located within a short walking distance to the U.S. Post Office, Merced County Administration building, City of Merced Police Department, Merced County Sheriff's Office, Merced County Superior Courts building, City bus kiosk, the AMTRAK railroad station and the Merced City Schools administration building. A small convenience store is located across the street and the business district is about six blocks away.
Listed by
Listing Agent - Neil Ballweber
Listing Office - Tinetti Realty Group
Source: CRMLS mls logo
MLS#MC17092366 • last updated 5 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style One
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.1722
Lot Size (SqFt) 7501
Year Built 1948
Condition Building Permit, Repairs Cosmetic, Repairs Major, Termite Clearance, Updated/Remodeled
Interior
Laundry Outside
Other Room(s) All Bedrooms Down
Appliances Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Gas Water Heater, Recirculated Exhaust Fan, Refrigerator
Interior Features Laminate Counters, Unfurnished
Accessibility Features 2+ Access Exits
Window Features Double Pane Windows, Drapes, Screens
Exterior
Foundation Concrete Perimeter, Raised
Construction Blown-In Insulation, Drywall Walls, Frame, Stucco
Building Area Square Feet, 2688
Parking Unassigned, Uncovered, Parking Space, Off Street
# Uncovered Spaces 5
# Parking Spaces 10
# Garage Spaces 5
Other Structures Outbuilding, Storage
Lot Description 2-5 Units/Acre, Corners Marked, Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby, Sprinkler System, Utilities - Overhead, Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
HOA Amenities Maintenance Grounds, Trash, Sewer, Water, Security, Controlled Access
Spa None
Pool None
Location
View None
County Merced
Community Features Curbs, Gutters, Sidewalks, Street Lights, Urban
Zoning R-3-1.5
Directions From "G" St., Rt. On W.23rd St. Proceed Westerly;property Is On The North Side Of Street Between "K" St. & Canal St.
APN 30183006000
Multifamily Details
Expense: Trash 110
Operating Expense 3166
Expense: Insurance 500
Total Expenses 11445
Gross Income 32700
Gross Scheduled Income 32700
Lot/ Land Details
$388K
Range: $291K-$485K
Last 30 days 
Rental est.: $1,101/month
Gross rent multiplier: 20.8
  • Oct 2017
    Public Records
  • Oct 20, 2017 Sold
    $275,000
  • Oct 2017
    mls logo MLS # MC17092366
  • Oct 20, 2017 Sold
    $275,000 (-15.4%)
  • Oct 3, 2017 Pending
    —
  • Jul 8, 2017 Price Change
    $325,000 (-13.3%)
  • May 1, 2017 Listed
    $375,000 (+10.3%)
  • Jan 2007
    Public Records
  • Jan 31, 2007 Sold
    $340,000
  • Year Property taxes Tax assessment
  • 2024
    $3,311 +1.4%
    $314,647 +4.02%
  • 2023
    $3,265 +1.3%
    $302,499 +1.99%
  • 2022
    $3,222 +0.2%
    $296,603
  • 2021
    $3,216 -0.8%
    $296,603 +3.04%
  • 2020
    $3,241 +1.5%
    $287,860
  • 2019
    $3,193 +9.6%
    $287,860 +1.99%
  • 2018
    $2,913
    $282,250
  • 425 W 23rd St
    $275K
  • Downtown Merced
    $357K +3% y/y
  • 95340
    $430K +14% y/y
  • Merced
    $434K +2% 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
4/10
Herbert Hoover 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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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 11/12/2026. 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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