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2610 N State Highway 59

Merced, CA 95348
  • $2,500,000
  • STATUS: Active
  • ON SITE: 97 Days
  • MLS #: MC25012191
UPDATED: 34 min ago
$2,500,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Listing Agent(s): Ronald Scanlon of Century 21 Select Real Estate (209-383-2171)


Description

Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159621364
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2610 N State Highway 59 Merced, CA 95348

  • Price: $2,500,000
  • Status: Active
  • On Site: 97 Days
  • Updated: 34 min ago
  • MLS #: MC25012191
0
Beds
0
Baths
0
½ Baths
0.46
Acres
1970
Built
County:
Merced
Property Description
Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELLER WILL CONSIDER TRADE OF PROPERTIES. ***Updated Photos***
Exterior Features

Entry Level 0 Entry Location Unit Lot Features 0-1 Unit/AcrePaved Number Of Separate Electric Meters 12 Parking Features DrivewayPavedPrivateOne SpaceSide By Side Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City StreetHighway Roof Composition

Interior Features

Appliances Electric RangeRange Hood Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Gutter(s)Storm Drain(s)Street Lights Electric 220 Volts in Kitchen Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 8000 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeSubmit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 12 Number Of Separate Water Meters 1 Operating Expense 0 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 6600 Utilities Cable AvailableOverhead Utilities Water Sewer Expense 6600 Water Source Public Zoning R-3-1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Ronald Scanlon of Century 21 Select Real Estate (209-383-2171)