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1800 - 1854 Conestoga Ct

Merced, CA 95348

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$3,500,000

29,472 sq ft
  |  
1.80 acres

1800 - 1854 Conestoga Ct

Merced, CA 95348

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Listed On: 02/27/2026
Status: Active
Listing Number: MC26036561 (CRMLS)

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Contact Info

Advertising Agent:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Listing Agent: Loren Gonella, CB Commercial, Select Real Estate
Listing Co-Agent: Dan Gallagher, CB Commercial, Select Real Estate

 Excellent investment opportunity in North Merced! Located at 1800-1854 Conestoga Court in desirable North Merced, this well-maintained 28-unit apartment complex offers a strong unit mix consisting of 20 two-bedroom, two-bath units and 8 two-bedroom, one-bath units. Each unit features central HVAC and a microwave. The property offers ample off-street parking. The exterior siding is currently being replaced, enhancing curb appeal and long-term value. Units are well maintained, providing stable occupancy potential, with additional upside through rental increases. Don't miss this opportunity to own a multi-unit property in growing North Merced, with future upside potential.
Property Sub Type
Apartment
Year Built
1984
Year Built Source
Other
Special Listing Conditions
Standard
Stories Total
2
Levels
Two
Number Of Buildings
6
Number Of Units Total
28
Entry Location
Ground Level Managers Office
Price Per Square Foot
$119
Price Per Unit
$125,000
Days On London
0
Cumulative Days On London
0
County Or Parish
Merced
New Construction Y/N
No
Property Attached Y/N
Yes
Rent Control Y/N
No
Directions
West on Olive Ave, Left on Loughbourgh, right on Conestoga
Laundry Y/N
Yes
Laundry Features
Electric Dryer Hookup, Washer Hookup
Roof
Tile
Common Walls
2+ Common Walls
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Number With Refrigerator
28
Number With Range
28
Number With Dishwasher
28
Number With Disposal
28
Number With Carpet
28
Number With Drapes
28
Number With Patio
28
Number Of Separate Electric Meters
28
Number Of Separate Gas Meters
28
Number Of Separate Water Meters
1
Water Source
Public
Sewer
Public Sewer
Lot Features
Cul-De-Sac, Sprinklers Timer
Lot Size Area
78408.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Road Frontage Type
City Street
Road Surface Type
Paved
View Y/N
Yes
View
Neighborhood
Common Interest
Community Apartment
Parcel Number
058081020000
Additional Parcels Y/N
No
Community Features
Gutters, Curbs, Street Lights, Sidewalks
Senior Community Y/N
No
Gross Operating Income
408727.00
Gross Income
408727.00
Operating Expense
204363.00
Operating Expense Percent
50.00
Land Lease Y/N
No
Assessments
Unknown
Insurance Expense
29000.00
Water Sewer Expense
30000.00
Trash Expense
33000.00
Professional Management Expense
35000.00
New Taxes Expense
31000.00
Gross Scheduled Income
421368.00
Gross Income
408727.00
Vacancy Allowance
12641
Total Expenses
204363.00
Net Operating Income
213012.00
Operating Expense
204363.00
Gross Operating Income
408727.00
Gross Income
408727.00
Net Operating Income
213012.00
Vacancy Allowance Rate
3.00
Cap Rate
6.28
Tax Lot
87,88

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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