Two-Unit Duplex with
3347 San Ramon Court Merced, CA 95348
3347 San Ramon Court, Merced, CA, 95348
$479,950
For Sale
$479,950
Duplex offers two 2-bedroom, 1-bath units with updated laminate flooring, A/C, and a 15-year-old roof.
Property Size2,000 SF
Price / SF$239.98
Days on Market34
Property Features for 3347 San Ramon Court
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1982
Listing agency
California Realty
(408) 690-4301
Listed by
Arnaldo Matos · License #00883709
(408) 690-4301
Source
Exitrealty
Added: Jun 19 Updated: Jul 21 at 12:58AM Checked: Jul 21 at 5:34AM
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 California Realty
Investment Insights
Based on property information with market context.
This exceptional duplex provides two separate units, each featuring two bedrooms and one bath. Interiors are described as clean, with updated laminate flooring throughout. The property also includes A/C units and a roof that is approximately 15 years old.
The home is in a well-established Merced neighborhood, with Rivera Elementary located steps away and UC Merced described as a short drive. Commuter access is supported by nearby Hwy 99 and Hwy 59, while shopping options mentioned include Save Mart and Rancho San Miguel Markets, as well as Merced Marketplace. Table 59 and Rahilly Park are also described as nearby.
The property is positioned to support either an investment approach for rental income or owner-occupancy while renting the other unit, depending on the buyer’s preference.
The home is in a well-established Merced neighborhood, with Rivera Elementary located steps away and UC Merced described as a short drive. Commuter access is supported by nearby Hwy 99 and Hwy 59, while shopping options mentioned include Save Mart and Rancho San Miguel Markets, as well as Merced Marketplace. Table 59 and Rahilly Park are also described as nearby.
The property is positioned to support either an investment approach for rental income or owner-occupancy while renting the other unit, depending on the buyer’s preference.
Key Highlights
- Duplex built in 1982 with two 2‑bedroom, 1‑bath units
- Updated laminate flooring in both units
- Each unit has an A/C unit; A/C units are about 5 years old
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $19.80 |
| − Vacancy | −$2.2k | −$1.09 |
| EGI | $37.4k | $18.71 |
| − OpEx | −$11.2k | −$5.61 |
| NOI | $26.2k | $13.10 |
2,000 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.2K
$327.4K – $436.6K
NOI $26,195 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$347.5K
$304.1K – $405.5K
NOI $24,328 @ 7.0% cap · market cap 5.07%
Theoretical Best
Healthcare Medical
$441.3K
$386.1K – $514.8K
NOI $30,888 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offers two 2-bedroom, 1-bath units with updated laminate flooring, A/C, and a 15-year-old roof.
Where is this duplex located?
The property is located at 3347 San Ramon Court Merced, CA.
What is the asking price?
The asking price for this property is $479,950.
What are key features of this property?
This property features: Duplex built in 1982 with two 2‑bedroom, 1‑bath units; Updated laminate flooring in both units; Each unit has an A/C unit; A/C units are about 5 years old
