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Downtown Merced Apartment Complex
For Sale
$2,400,000

2400 K, Merced, CA 95340

14-unit apartment complex near Amtrak station, shopping, and schools.

Property SizeContact for details
Days on Market312

Property Features for 2400 K

General Information

Standard status Active
Property subtype Commercial

Amenities

In Laundry Room
Mid Block

Building Details

Year Built 1950
Listing Agency: HUFF REAL ESTATE
Listed By: PETER HUFF · License #01454712
Source: Corcoran
Added: Nov 15, 2025 Changed: Sep 14 Last Checked: Sep 22 at 5:53PM

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 HUFF REAL ESTATE

Investment Insights

Based on property information with market context.

This 14-unit apartment complex is located in downtown Merced, across from the Amtrak station and within walking distance of shopping and schools. The complex features a mix of unit types, including two one-bedroom, one-bath units; four two-bedroom, one-bath units; and eight three-bedroom, one-bath units. Each unit includes its own laundry room. Potential rents are $1,050 for the one-bedroom units, $1,300 for the two-bedroom units, and $1,400 for the three-bedroom units.

Key Highlights

  • 14‑unit apartment complex in a desirable downtown location.
  • All units feature private laundry rooms.
  • Strong rental income potential with a mix of unit sizes (1, 2, and 3 bedroom units).

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Butcher Electrical Service Tanning Salon Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,857
Businesses Nearby

Demographics for 95340, CA

38,606
Population
13,553
Households
2.8
Avg Household Size
33
Median Age
26%
College-Educated
86%
High-School Grad
52.0 sq mi
ZIP Area
742
Density / Sq Mi
$65,141
Median Household Income
$35,165
Median Earnings
$1,204
Median Rent
$383,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 14-unit apartment complex near Amtrak station, shopping, and schools.
Where is this apartment building located?
The property is located at 2400 K 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: 14‑unit apartment complex in a desirable downtown location.; All units feature **private laundry rooms**.; Strong rental income potential with a mix of unit sizes (1, 2, and 3 bedroom units).
More about this property
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