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

1680 Ellen Avenue, Merced, CA 95341

Four-building multifamily portfolio with laundry facilities, varied cooling systems, hardwood floors, and private backyards in select units.

Property Size19,236 SF
Lot Size0.77 Acres
Price / SF$127.37
Days on Market10

Property Features for 1680 Ellen Avenue

General Information

Standard status Active
Size 19,236 SF
Net Rentable 19,236 SF
Total Parking Spaces 24
Lot size 0.77 Acres
Property subtype Multi-family

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 22

Amenities

laundry facilities
central air/wall units
hardwood floors
private backyards

Building Details

Year Built 1964
Buildings 4
Listing Agency: Equity Union
Listed By: Andy Anubhav Kawatra
Source: Sevengables
Added: Jul 27 Changed: Aug 3 Last Checked: Aug 5 at 5:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 22 apartments across four buildings and three parcels on Ellen Avenue. The assemblage includes a 14-unit building at 1685 Ellen Avenue constructed in 1979, plus two 4-unit buildings at 1680 and 1690 Ellen Avenue, both constructed in 1964. The properties contain 19,236 rentable square feet on a combined 33,471-square-foot lot area, with 24 parking spaces, additional street parking, several laundry facilities, and a mix of central air and wall-unit cooling. Most units at 1680 and 1690 feature hardwood floors, while select apartments include private backyards. Eight units have been remodeled in 2026.

The properties are positioned just south of I-140, between I-99 and Parsons Avenue, near Golden Valley High School and behind Rancho San Miguel Supermarket. The three addresses are located across from one another, creating a consolidated multifamily holding within the surrounding rental market.

Key Highlights

  • 22‑unit multifamily portfolio spanning 3 parcels and 4 buildings
  • 19,236 rentable SF on a 33,471 SF lot
  • Unit configuration includes 14 units at 1685 Ellen Avenue and 4 units each at 1680 and 1690 Ellen Avenue

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
Yes
Paved road 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Four-building multifamily portfolio with laundry facilities, varied cooling systems, hardwood floors, and private backyards in select units.
Where is this apartment building located?
The property is located at 1680 Ellen Avenue 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‑unit multifamily portfolio spanning 3 parcels and 4 buildings; 19,236 rentable SF on a 33,471 SF lot; Unit configuration includes 14 units at 1685 Ellen Avenue and 4 units each at 1680 and 1690 Ellen Avenue
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message