$2,499,999

132 W 18Th St, Merced, CA 95340

  • 7,256 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $345/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

A well-maintained 15-unit multifamily offers a desirable unit mix consisting of 6 studios, 4 one-bedroom/one-bath units, and 5 two-bedroom/one-bath units—providing strong appeal to a broad tenant base and supporting consistently high occupancy levels. The property is a gated community equipped with security cameras throughout, offering enhanced safety and peace of mind for residents. A centrally located landscaped lawn area provides a welcoming outdoor space for tenants and families. Each unit includes an assigned parking space, complemented by 10 covered carports. Units are well-equipped with electric ranges and refrigerators, and many have been recently renovated with updated interiors and fresh paint. The exterior of the property has also been fully repainted, contributing to strong curb appeal. Heating and cooling configurations include central HVAC for the one and two bedroom units, while studio units are fitted with window air conditioning. The property benefits from ongoing professional pest control and landscape maintenance services, ensuring consistent upkeep. Property operates efficiently without the need for an on-site manager, helping reduce operating expenses and improve overall returns.

Listing Status:
Active
Date Added:
March 20, 2026
Data Last Updated:
April 5, 2026 at 7:07AM
Listing Office:
Legacy Real Estate & Assoc. : 510-744-3500
Listing Agent:
Srinivasa Myneni : 415-640-5406
MLS ID:
41127879
  • General: Other
  • Appliances: Refrigerator
  • Laundry: No Hookups
  • Basement: None
  • Flooring: HardwoodLaminateTileVinylCarpetEngineered Wood
  • A/C: Ceiling Fan(s)Central AirMulti Units
  • Heating: Wall FurnaceHot Water
  • Parking: CarportCarports - 2 Or MoreCoveredParking spaces: 10
  • Windows: Double Pane Windows
  • General: MasonryStucco
  • County: Merced
  • Zoning: 031161005000
  • View: None
  • Utilities: Water/Sewer Meter on SiteIndividual Electric MeterIndividual Gas Meter

This listing courtesy of Srinivasa Myneni , Legacy Real Estate & Assoc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John Muir Elementary School

300 W 26th St, Merced, CA, 95340

Grades KG-6

0.56 miles away

H

Herbert Hoover Middle School

800 E 26th St, Merced, CA, 95340

Grades 7-8

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.