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33-Unit Apartment Complex
For Sale
$3,395,000

6860 Walnut Avenue, Winton, CA 95388

A mix of duplexes, a triplex, and a detached home offers varied residential configurations in Winton.

Property Size26,000 SF
Price / SF$130.58
Days on Market9

Property Features for 6860 Walnut Avenue

General Information

Standard status Active
Size 26,000 SF
Property subtype Residential Income
Zoning R-3
Occupancy 99%
Net Operating Income $218,512

Units

Unit Mix 33 x 2BR/1BA
Multifamily Units 33

Additional Details

Cap Rate 6.44%
Highway Access Yes

Building Details

Building Size 26,000 SF
Year Built 1963
Buildings 17
Stories 1
Units 33
Listing Agency: Capitol Commercial Real Estate and Business Sales
Listed By: Nina Kovalyov · License #01718290
Source: Busybee
Added: Oct 19 Changed: Oct 25 Last Checked: Oct 26 at 3:46AM

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 Capitol Commercial Real Estate and Business Sales

Rey
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Investment Insights

Based on property information with market context.

This R-3-zoned apartment property in Winton contains 33 residences across 15 duplexes, one triplex, and one single-family home. Each residence has 2 bedrooms and 1 bathroom, with approximately 830 SF per unit and approximately 26,000 SF of total building area. The property was built in 1963 and is approximately 99% leased. County approval allows four additional units on the parcel.

The property is approximately 15.5 miles from UC Merced. The campus includes a 200,000+ SF Medical Education Building, a 36,000 SF classroom building, a student union, and 488-bed Promise Housing. Winton provides access to Atwater, Merced, State Route 99, and the broader Merced County employment base. The stated going-in cap rate is 6.44%.

Key Highlights

  • 33 residences: 15 duplexes, one triplex, and one single‑family home
  • All units have 2 bedrooms and 1 bathroom, with approximately 830 SF per unit
  • Approximately 26,000 SF of total building area; built in 1963

Property Analytics

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Lease Details

33
Residential units
99%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 95388, CA

13,878
Population
3,957
Households
3.5
Avg Household Size
30
Median Age
7%
College-Educated
63%
High-School Grad
37.7 sq mi
ZIP Area
368
Density / Sq Mi
$60,762
Median Household Income
$35,741
Median Earnings
$1,108
Median Rent
$307,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of duplexes, a triplex, and a detached home offers varied residential configurations in Winton.
Where is this apartment building located?
The property is located at 6860 Walnut Avenue Winton, CA.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: 33 residences: 15 duplexes, one triplex, and one single‑family home; All units have 2 bedrooms and 1 bathroom, with approximately 830 SF per unit; Approximately 26,000 SF of total building area; built in 1963
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