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    2917 Oleander Avenue

    Merced, CA 95340
    • $2,495,000
    • STATUS: Active
    • ON SITE: 23 days
    • MLS #: 221108262
    UPDATED: 75 min ago
    $2,495,000
    • 0
      BEDS
    • 4.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of vacant land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. Also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 bed, 1 bath home, and a 1 bed, 1 bath unit. One parcel has a 3 bed, 2 bath home, and an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years. This whole property has the potential for 43 SFR buildouts in the near future. Located in North Merced near UC Merced and Mercy Medical.

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-09-19T11:39:12.563. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.sacramentoareahomefinder.com/homes/120860698
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    2917 Oleander Avenue Merced, CA 95340

    • Price: $2,495,000
    • Status: Active
    • Updated: 75 min ago
    • MLS #: 221108262
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.6
    Acres
    1932
    Built
    Neighborhood:
    Merced North Central
    County:
    Merced
    Area:
    Merced North Central
    Elementary School:
    Merced City
    Middle School:
    Merced City
    High School:
    Merced Union High
    School District:
    Merced
    Property Description
    Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of vacant land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. Also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 bed, 1 bath home, and a 1 bed, 1 bath unit. One parcel has a 3 bed, 2 bath home, and an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years. This whole property has the potential for 43 SFR buildouts in the near future. Located in North Merced near UC Merced and Mercy Medical.
    Exterior Features

    Carport Spaces 0 Construction Materials Frame Covered Spaces 0 Foundation SlabOther Independent Parking Spaces 0 Lot Features CornerShape Regular Num Of Floors 1 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features CarportDetachedGarageVaries By Unit Patio And Porch Features Varies By Unit Roof Composition Tandem Parking Spaces 0 Total Parking Spaces 2

    Interior Features

    Appliances Varies By Unit Cooling Wall Unit(S)Varies By Unit Flooring CarpetTileVaries By Unit Heating Varies By Unit Laundry Features Varies By Unit Num Of Rooms 0 Num Of Studio Units 1 Num Of1 Bedroom Units 3 Num Of2 Bedroom Units 2 Num Of3 Bedroom Units 3 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 814 Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Partial Baths 0 Unit1 Rent 1000 Unit1 Rooms 3 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2 Rent 0 Unit2 Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3 Rent 0 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4 Rent 0 Unit4 Rooms 0 Window Features Varies By Unit

    Property Features

    1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Accessibility Features Varies By Unit Association Fee 0 Association YN No Elevation 0 Income Includes See Remarks Irrigation None Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes See Remarks Other Equipment Varies By Unit Property Subtype 5 Or More Units Property Type Residential Income Sewer Shared SepticSeptic Connected Special Listing Conditions Other Studio Annual Occupancy 0 Subtype Description ApartmentsHouse(S) Utilities City Water Source Public Zoning R-1

    Listing provided courtesy of Svn Executive Commercial Advisors. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-09-19T11:39:12.563. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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