Well-Maintained Multifamily Investment
132 W 18Th St, Merced, CA 95340
MULTI_FAMILY - Merced, CA
Property size:
7,256 SFLot size:
0.34 AcresPrice / SF:
$344/SF- Added:
- Apr 6, 2026
- Days on Market:
- 38
- Last Refresh:
- May 13 at 9:06 am
Property Features for 132 W 18Th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Covered, Side By Side, Carport
- Window features
- Double Pane Windows
- Exterior features
- Front Yard, Garden
- Fencing
- Fenced
- Standard status
- Active
- APN
- 031161005000
- Size
- 7,256 SF
- Lot size
- 0.34 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Ceiling Fan(s), Window Unit(s), Wall/Window Unit(s), Central Air
Building Details
- Year built
- 1962
- Number of units
- 15
- Flooring type
- Hardwood, Laminate, Vinyl
- Building materials
- Tilt-Up
- Roof type
- Tar/Gravel, Flat
Listing agent Srinivasa Myneni (415) 640-5406
Listing office Legacy Real Estate & Assoc. 41111 Mission Blvd., Fremont, CA (510) 744-3500
Listing date Apr 6, 2026
MLS# 41129838
Listing URL
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HighLights
- Desirable unit mix of studios, one‑bedroom, and two‑bedroom units appeals to a broad tenant base.
- Gated community with security cameras provides enhanced safety.
- Assigned parking spaces for each unit, plus 10 covered carports.
- Many units recently renovated with updated interiors and fresh paint.
- Professionally maintained landscaping and pest control ensures consistent upkeep.
- Efficient operation without an on‑site manager reduces operating expenses.
Overview
This well-maintained 15-unit multifamily property features a mix of 6 studios, 4 one-bedroom/one-bath units, and 5 two-bedroom/one-bath units. The property is a gated community equipped with security cameras. A centrally located landscaped lawn area provides outdoor space for tenants. Each unit includes an assigned parking space, with 10 covered carports available. Units are 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. 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. The property operates efficiently without the need for an on-site manager. The property is located in Merced, CA, on a lot of 0.34 acres. The building size is 7256 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.477682
- Latitude
- 37.300208
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 15-unit multifamily property with a desirable unit mix in Merced.
Where is this apartment building located?
The property is located at 132 W 18Th St Merced, CA.
What is the asking price?
The asking price for this property is $2,499,999.
What are key features of this property?
This property features: Desirable unit mix of studios, one‑bedroom, and two‑bedroom units appeals to a broad tenant base.; Gated community with security cameras provides enhanced safety.; Assigned parking spaces for each unit, plus 10 covered carports.
