Provide a name for your search and specify whether or not you'd prefer to receive email updates.
Get Daily Email Updates
Save Search
Please log in or create an account.
Save Property
Provide a name for your property and specify whether or not you'd prefer to receive email updates.
Get Daily Email Updates
Save Property
Please log in or create an account.
The ULTIMATE Guide To Buying Your Home!
Get Your FREE Copy Share a few contact details and we will send you the guide to your inbox.
THANK YOU!
Check your inbox for the Buyer's Guide.
Get More Info
Please provide the following information and one of our customer service representatives will assist you.
* indicates required fields.
Sending...
Sent!
Get More Info
Print A Flyer
Get A Home Loan
Share
https://www.londonproperties.com/property/link/crmls/MC26136816/2400-K/Merced/https://www.londonproperties.com/images/props/crmls/full/MC26136816.jpgLondon Properties Merced Real Estate | 2400 K
14 unit apartment complex. 2 one bedroom one bath units renting for $1050 market rent is $1200. 4 two bedroom one bath units renting for $1300 market rent is $1400. 8 three bedroom one bath units renting for $1400 market rent is $1600. All units have their own laundry rooms. Complex is downtown across from Amtrak station and a easy walking distance to shopping, schools, parks and train station. Four units are currently vacant.
Property Sub Type
Commercial/Residential
Year Built
1950
Year Built Source
See Remarks
Special Listing Conditions
Standard
Stories Total
1
Number Of Buildings
7
Number Of Units Total
14
Entry Level
1
Price Per Square Foot
$181
Price Per Unit
$139,286
Days On London
1
Cumulative Days On London
1
County Or Parish
Merced
New Construction Y/N
No
Property Attached Y/N
No
Rent Control Y/N
No
Directions
K st across from Amtrak
Laundry Y/N
Yes
Laundry Features
Individual Room
Common Walls
No Common Walls
Pool Features
None
Pool Private Y/N
No
Average Studio Area Units
Square Feet
Average 1 Bed Area
600
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area
700
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area
850
Average 3 Bed Area Units
Square Feet
Number Of Separate Electric Meters
14
Number Of Separate Gas Meters
14
Number Of Separate Water Meters
1
Water Source
Public
Sewer
Public Sewer
Lot Features
Lot Over 40000 Sqft
Lot Size Area
43560.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Common Interest
None
Parcel Number
030112011000
Additional Parcels Y/N
No
Community Features
Street Lights, Sidewalks
Senior Community Y/N
No
Number Of Units Leased
14
Gross Income
234907.00
Operating Expense
14693.00
Total Actual Rent
199740.00
Land Lease Y/N
No
Insurance Expense
14000.00
Water Sewer Expense
10194.00
Trash Expense
10194.00
Professional Management Expense
19968.00
Gross Scheduled Income
249600.00
Gross Income
234907.00
Total Expenses
54356.00
Net Operating Income
234907.00
Operating Expense
14693.00
Gross Income
234907.00
Net Operating Income
234907.00
Tax Block
40
Tax Lot
17
71109
A: SELECT * FROM `lpdotcom`.`props-main` WHERE `StreetName` = 'fghdfhgdfghdfghdfhgdfghfghfdg' LIMIT 1
0
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.
