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132 W 18Th St

Merced, CA 95340

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$2,499,999

0.34 acre

132 W 18Th St

Merced, CA 95340

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Listed On: 04/06/2026
Status: Active
Listing Number: 41129838 (CRMLS)

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Contact Info

Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Listing Agent: Srinivasa Myneni, Legacy Real Estate & Assoc.

 A well-maintained 15-unit multifamily offers a desirable unit mix consisting of 6 studios, 4 one-bedroom/one-bath units, and 5 two-bedroom/one-bath units-providing strong appeal to a broad tenant base and supporting consistently high occupancy levels. is a gated community equipped with security cameras throughout, offering enhanced safety and peace of mind for residents. A centrally located landscaped lawn area provides a welcoming outdoor space for tenants and families. Each unit includes an assigned parking space, complemented by 10 covered carports. Units are well-equipped with electric ranges and refrigerators, and many have been recently renovated with updated interiors and fresh paint. The exterior of the property has also been fully repainted, contributing to strong curb appeal. Heating and cooling configurations include central HVAC for the one and two bedroom units, while studio units are fitted with window air conditioning. The property benefits from ongoing professional pest control and landscape maintenance services, ensuring consistent upkeep. Property operates efficiently without the need for an on-site manager, helping reduce operating expenses and improve overall returns.
Year Built
1962
Number Of Units Total
15
Price Per Square Foot
$345
Days On London
0
Cumulative Days On London
0
County Or Parish
Merced
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
Right on 18th st Cross Street: I and H st.
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Roof
Tar/Gravel
Appliances Y/N
Yes
Flooring
Vinyl, Wood, Laminate
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
15.00
Parking Features
Carport
Lot Features
Front Yard
Lot Size Area
15000.0000
Lot Size Units
Square Feet
View Y/N
Yes
View
Valley
Parcel Number
031161005000
Subdivision Name
Other
Subdivision Name Other
Other
Tenant Pays
Gas
Operating Expense
55714.00
Insurance Expense
12500.00
Gross Scheduled Income
209112.00
Net Operating Income
15397.00
Operating Expense
55714.00
Net Operating Income
15397.00

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.

Copyright © 2026  London Properties, Ltd. All rights reserved.

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