1962 1976 Edwards, Merced, California 95340, Merced, 95340 - 0 bed, 0 bath
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1962 1976 Edwards
Merced, California 95340
ACTIVE
CONDITION: FAIR
0Beds
0Baths
6,800Sq Ft
16,203Lot Size
Property Price
LIST PRICE$1,099,000
SUMMARY
100% Occupied!!! 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979 (45+ years old), the property is dated and shows signs of age. The kitchen features older white cabinetry, worn laminate countertops, and basic appliances that likely exceed a 20-year lifecycle. While functional and currently occupied, the units require cosmetic updates and modernization of systems to meet contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- Full Occupancy
The property is currently 100% occupied, providing immediate and stable cash flow for investors from day one without the need for initial tenant acquisition.
- Strategic Location
Proximity to UC Merced, local schools, and shopping centers ensures consistent rental demand and long-term desirability in a growing Central Valley market.
- Optimal Unit Mix
The building features eight uniform 2-bedroom, 1-bathroom units, which is a highly marketable configuration that appeals to a wide range of long-term tenants.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1979, the asset may require more frequent maintenance or capital expenditures for aging systems compared to newer multi-family developments.
- Significant Price Appreciation
The current list price of $1.099M represents a substantial increase from its 2016 sale price of $565,000, which may result in a tighter cap rate for incoming investors.
About 1962 1976 Edwards
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1979
- Lot Size
- 16,203 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 6,800 | 2,407 |
| Lot Size | 16,203 | 14,048.5 |
| Price | $1.10M | $555.0K |
| Price per sq ft | $162 | $112.6K |
| Built year | 1979 | 1951 |
| HOA | $0 | $0 |
| Days on market | 40 | 161 |
Pricing History
Listed for Sale
Sep 14, 2026
$1,099,000
Initial Listing
Sold
Dec 30, 2016
$565,000
Public Record
Sold
Jun 9, 2005
$680,000
Public Record
Sold
Mar 30, 2001
$295,000
Public Record