$1,350,000

308 W 20Th St, Merced, CA 95340

  • Property Icon Triplex
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! Two adjacent parcels—308, 310, 312 W. 20th St. and 1927, 1935, 1943 Martin Luther King Jr. Way—are being offered together, featuring a total of six units. This multi-family asset is located in a rapidly developing area within walking distance of revitalized Downtown Merced. It also offers convenient access to Merced College and University of California, Merced, as well as nearby public transportation, major freeways, and the planned high-speed rail station—making it highly attractive for tenants.The property consists of six 2-bedroom, 1-bathroom units, all currently tenant-occupied. Major upgrade already done! Roof is under 6 years old. One unit has been fully renovated, featuring fresh paint, new flooring, and a completely updated kitchen and bathroom. The property offers four covered parking spaces, along with ample street parking for tenants and guests. Both buildings sit on the same site under two separate parcel numbers, presenting flexibility and added value. This is an excellent candidate for a 1031 exchange. Don’t miss the chance to secure an income-generating property in one of Merced’s most promising growth areas. This is an opportunity you won’t want to overlook.

Listing Status:
Active
Date Added:
March 27, 2026
Data Last Updated:
April 5, 2026 at 3:16PM
Listing Office:
Kal Real Estate Group : 510-377-8858
Listing Agent:
Jesse Kalsi : 510-377-8858
MLS ID:
41128774
  • Flooring: CarpetLaminateTile
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: CoveredParking spaces: 4
  • Roofing: Metal
  • General: Stucco
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CCBE
  • County: Merced
  • Zoning: 031071005000
  • Sewer: Public Sewer
  • Source: CRMLS_CCBE

This listing courtesy of Jesse Kalsi , Kal Real Estate Group

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

0.45 miles away

H

Herbert Hoover Middle School

800 E 26th St, Merced, CA, 95340

Grades 7-8

0.78 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.