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1680 Ellen Ave

Merced, CA 95341

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$2,450,000

19,236 sq ft
  |  
0.77 acre

1680 Ellen Ave

Merced, CA 95341

Listed On: 07/30/2026
Status: Active
Listing Number: 26866427 (CRMLS)

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Contact Info


Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Listing Agent: Andy Anubhav Kawatra, Equity Union

Submit all offers! Seller in Reverse Exchange! This 22-unit, 3-parcel multifamily investment opportunity. Located at 1680, 1685, and 1690 Ellen Avenue in Merced, California. This subject property consists of a total of four buildings across from each other. 1685 (APN:035-123-023) is a 14-unit apartment building built in 1979. 1680 (APN:035-124-032) is a 4-unit apartment building built in 1964 as well the mirror building next door at 1690 (APN:035-124-031). These apartment buildings on Ellen Ave total to 22 units. There is a total of 19,236 rentable SF with a lot size of 33,471 SF. There are 24 parking spots throughout the entire area with street parking available as well. There are several laundry facilities and most units have central air or wall units. Man units have been upgraded over the years, 8 units have been remodeled in 2026. Most units in 1680-1690 have hardwood floors and some units have private backyards.Located just south of the I-140 between the I-99 and Parsons Ave, this subject property is located in a high rental demand area nearby Golden Valley High School and right behind Rancho San Miguel Supermarket.
Year Built
1964
Special Listing Conditions
Standard
Stories Total
2
Levels
One, Two
Number Of Buildings
4
Number Of Units Total
22
Price Per Square Foot
$127
Days On London
0
County Or Parish
Merced
New Construction Y/N
No
Directions
West of 99 Fwy and South of Central Yosemite Hwy
Appliances Y/N
Yes
Appliances
Microwave, Refrigerator, Dishwasher
Parking Y/N
Yes
Parking Features
Assigned
Lot Size Area
33471.0000
Lot Size Units
Square Feet
Parcel Number
035124032000
Zoning
R-4
Senior Community Y/N
No
Association Y/N
No
Gross Operating Income
306877.00
Gross Income
323028.00
Gross Multiplier
7.62
Gross Income
323028.00
Total Expenses
130503.00
Net Operating Income
176374.00
Gross Operating Income
306877.00
Gross Income
323028.00
Net Operating Income
176374.00
Cap Rate
7.20

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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