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22-Unit Apartment Building Portfolio
For Sale
Under Contract
$2,450,000

1680 Ellen Ave, Merced, CA 95341

Residential Income, Merced, CA

Property Size19,236 SF
Lot Size0.20 Acres
Price / SF$127.37
Days on Market32

Property Features for 1680 Ellen Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-4
Bedrooms 42
Bathrooms 26
Full bathrooms 4
Rooms Bathroom 12, Bedroom 17, Bathroom 2, Bathroom 14, Bathroom 26, Bedroom 14, Bedroom 38, Bedroom 25, Bathroom 4, Bathroom 3, Bathroom 17, Bedroom 5, Bedroom 8, Bedroom 30, Bedroom 20, Bathroom 10, Bedroom 40, Bedroom 26, Bathroom 20, Bedroom 18, Bedroom 32, Bedroom 2, Bathroom 6, Bathroom 15, Bathroom 16, Bedroom 15, Bathroom 18, Bedroom 29, Bedroom 42, Bathroom 13, Bedroom 3, Bathroom 21, Bedroom 24, Bedroom 22, Bathroom 22, Bedroom 27, Bathroom 19, Bathroom 9, Bedroom 41, Bedroom 9, Bedroom 11, Bathroom 24, Bedroom 28, Bedroom 7, Bedroom 36, Bedroom 37, Bedroom 16, Bedroom 31, Bathroom 8, Bathroom 7, Bathroom 5, Bedroom 10, Bedroom 33, Bedroom 34, Bedroom 19, Bedroom 1, Bathroom 25, Bedroom 13, Bedroom 35, Bathroom 1, Bedroom 6, Bedroom 21, Bedroom 12, Bedroom 39, Bedroom 23, Bedroom 4, Bathroom 23, Bathroom 11
Parking features Assigned
Directions West of 99 Fwy and South of Central Yosemite Hwy
Subdivision 7097
Standard status Active Under Contract
APN 035-124-032-000
Size 19,236 SF
Lot size 0.20 Acres

Amenities

laundry facilities
central air or wall units
hardwood floors
private backyards

Building Details

Year built 1964
Floors in Building 2
Number of units 22
Listing Agency: Equity Union
Listed By: Andy Anubhav Kawatra · License #01881930
Added: Jul 30 Changed: Aug 26 Last Checked: Aug 30 at 8:06AM
MLS# 26866427

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes four apartment buildings distributed across three parcels on Ellen Avenue. The 22-unit configuration comprises a 14-unit building constructed in 1979 and three 4-unit buildings, including two built in 1964. The property contains 19,236 rentable square feet on a 33,471-square-foot lot, with 24 parking spaces and additional street parking. Several laundry facilities serve the buildings, while units feature central air or wall-mounted cooling systems. Eight units were remodeled in 2026, and most units at 1680–1690 Ellen Avenue have hardwood floors; some also include private backyards.

The property is in Merced, just south of I-140 and between I-99 and Parsons Avenue. Golden Valley High School is nearby, and the buildings are located behind Rancho San Miguel Supermarket. R-4 zoning applies to the property.

Key Highlights

  • 22 apartment units across four buildings and three parcels
  • 19,236 rentable SF on a 33,471 SF lot
  • Unit mix includes one 14‑unit building and three 4‑unit buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Demographics for 95341, CA

33,194
Population
9,331
Households
3.6
Avg Household Size
29
Median Age
8%
College-Educated
63%
High-School Grad
146.8 sq mi
ZIP Area
226
Density / Sq Mi
$55,516
Median Household Income
$32,184
Median Earnings
$1,172
Median Rent
$295,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four buildings across three parcels offer apartment units with laundry facilities, assigned parking, and varied cooling systems.
Where is this apartment building located?
The property is located at 1680 Ellen Ave Merced, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 22 apartment units across four buildings and three parcels; 19,236 rentable SF on a 33,471 SF lot; Unit mix includes one 14‑unit building and three 4‑unit buildings
More about this property
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