1962 1976 Edwards, Merced, California 95340, Merced, 95340 - 0 bed, 0 bath
Loading property details...
Merced, California 95340
Analysis of 1962 1976 Edwards, Merced, California 95340 is currently available with a list price of $1,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1979, this 8-unit complex is well-maintained but reflects its age with dated kitchen cabinetry, laminate countertops, and older appliances. While the units are functional and clean, the styling, flooring, and fixtures are aged and lack the modern updates required for a higher rating.
The property's proximity to UC Merced and public transportation ensures a consistent demand from students and faculty, supporting high occupancy rates.
The uniform offering of eight 2-bedroom, 1-bathroom units targets the most high-demand rental segment in the Merced market, appealing to both small families and roommates.
As a well-maintained multi-family asset in a growing Central Valley market, this property offers diversified income and is an ideal candidate for a 1031 exchange.
Built in 1979, the property may require increased maintenance budgets or capital improvements for aging mechanical systems compared to newer developments.
The lack of variety in unit sizes may limit the property's ability to capture different demographic segments, such as single professionals or larger families.
Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor’s portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you’re looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,800 | 6,200 | 50% |
| Lot Size | 16,203 | 16,201.5 | 50% |
| Price | $1.25M | $1.30M | 50% |
| Price per sq ft | $184 | $212 | 50% |
| Built year | 1979 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 155 | 50% |
Apr 2, 2026
$1,250,000
$1,300,000
-4% Price Drop
Initial Listing
Feb 25, 2026
$1,300,000
Initial Listing