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2405 N Street

Merced, CA 95340

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$649,900

4,812 sq ft
  |  
0.04 acre

2405 N Street

Merced, CA 95340

Listed On: 07/20/2026
Status: Active
Listing Number: MC26157511 (CRMLS)

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Contact Info

Advertising Agent:

Melinda Price
Melinda Price 209.617.2851 Visit Website Email Agent
Property Description
Listing Agent: Melinda Price, London Properties Ltd - Merced

 Great opportunity for investors! 3 single family homes and a duplex on a .45 acre lot. Single family homes are two 2 bed/1 bath homes, and one 3 bed/2 bath home. Each duplex unit is 2 bed/1 bath. One single family home has a 5-year-old roof, the duplex and one of the homes had roofs placed in 2026. The remaining home will have a new roof installed prior to close of escrow. All units have a one car garage. The units are well maintained with a good rental history. Current rents are $5,700 but 3 units are significantly under market rate. Every unit has individual laundry hookups. The 3bed/2bath home has central heat and air, all other units have wall furnaces and evaporative coolers.
Property Sub Type
Commercial/Residential
Year Built
1952
Year Built Source
Public Records
Special Listing Conditions
Trust
Stories Total
1
Levels
One
Number Of Buildings
4
Number Of Units Total
5
Entry Level
1
Entry Location
front
Price Per Square Foot
$135
Price Per Unit
$129,980
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
Cooling Y/N
Yes
Heating Y/N
Yes
Directions
From M Street, west on 25th
Heating
Wall Furnace, Central
Cooling
Central Air, Evaporative Cooling
Laundry Y/N
Yes
Laundry Features
In Garage
Common Walls
1 Common Wall
Fireplace Y/N
No
Fireplace Features
None
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 Of Separate Electric Meters
5
Number Of Separate Gas Meters
5
Number Of Separate Water Meters
4
Water Source
Public
Sewer
Public Sewer
Parking Y/N
Yes
Parking Total
5.00
Parking Features
Garage
Garage Spaces
5.00
Lot Features
Corner Lot, Lot 10000-19999 Sqft
Lot Size Area
1950.0000
Lot Size Units
Square Feet
Elevation Units
Feet
Common Interest
None
Parcel Number
030092015000
Additional Parcels Y/N
No
Additional Parcels Description
030092015000
Community Features
Urban
Senior Community Y/N
No
Number Of Units Leased
5
Tenant Pays
Gas, Electricity
Gross Income
68400.00
Operating Expense
13755.00
Total Actual Rent
5700.00
Land Lease Y/N
No
Insurance Expense
3400.00
Water Sewer Expense
4055.00
Trash Expense
3000.00
Other Expense
3320.00
Other Expense Description
Taxes
Gross Scheduled Income
68400.00
Gross Income
68400.00
Total Expenses
13755.00
Net Operating Income
54625.00
Operating Expense
13755.00
Gross Income
68400.00
Net Operating Income
54625.00

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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