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Brand-New 10-Unit Apartment Complex

40 W 13th Street Merced, CA 95341

40 W 13th Street, Merced, CA, 95341
$2,400,000
For Sale
Claim this Listing
$2,400,000

MULTI_FAMILY - Merced, CA

Property Size665 SF
Price / SF$3,609
AddedOct 8, 2025
Days on Market281
Last RefreshJul 15 at 5:06 am

Property Features for 40 W 13th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Enterprise
Standard status
Active
APN
031343021000

Utilities

Cooling system
Central Air

Listing agent Randy Hayer License #01251542

Listing office Realty Executives Of Northern California 189 W El Portal Dr, Merced, CA

Listing date Oct 8, 2025

MLS# MC25235639

Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 is a brand-new 10-unit apartment complex planned as two separate apartment buildings. The project will include ten 2-bedroom, 1-bathroom units, each approximately 665 square feet, designed with an open-concept layout that connects the kitchen to a formal living area. Interior finishes are slated to be all-new, with brand-new appliances, laminate flooring throughout, dual-pane windows, and an indoor laundry room in each unit. Kitchens are planned to feature granite countertops, and the buildings are supported by onsite improvements including solar panels and a new 30-year composition roof. Common site elements include ample private parking, a professionally landscaped front area, and concrete driveways and walkways meant to minimize maintenance while keeping the property appearance consistent.

The property is located at 40 W 13th Street in Merced, California, with the project described as coming to the heart of the city. The plan is scheduled for completion by the end of 2025. The location is described as being minutes from downtown Merced, UC Merced, shopping centers, and major highways, supporting convenient tenant access to everyday needs.

With Enterprise zoning, the property is presented as having flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. For tenants, the focus is on modern, all-new unit amenities and convenient onsite site design; for buyers and operators, the combination of brand-new construction components and an actively planned completion timeline supports a straightforward path to occupancy following delivery.

Key Highlights

  • Brand new 10‑unit apartment complex in Merced, offering a turn‑key, income‑producing investment opportunity.
  • Enterprise zoning provides flexible land‑use allowances for residential, commercial, and mixed‑use developments.
  • Each unit features 2 bedrooms, 1 bathroom, approximately 665 sq. ft., with brand‑new appliances, laminate flooring, dual‑pane windows, and an indoor laundry room.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Precision Brake Auto Repair Shop

Suggested Use

Real Estate Agency Dental Office Pharmacy Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Home Appliance Store Locksmith Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - New 10-unit complex with 2-bedroom apartments, solar, and dual-pane windows under Enterprise zoning.
Where is this apartment building located?
The property is located at 40 W 13th Street Merced, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Brand new 10‑unit apartment complex in Merced, offering a turn‑key, income‑producing investment opportunity.; Enterprise zoning provides flexible land‑use allowances for residential, commercial, and mixed‑use developments.; Each unit features 2 bedrooms, 1 bathroom, approximately 665 sq. ft., with brand‑new appliances, laminate flooring, dual‑pane windows, and an indoor laundry room.
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