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1962 Edwards Ave

Merced, CA 95340

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$1,300,000

16 bd
  |  
4 ba
  |  
6,800 sq ft
  |  
0.37 acre

1962 Edwards Ave

Merced, CA 95340

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Listed On: 02/24/2026
Status: Active
Listing Number: 226021572 (Metrolist MLS)

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Contact Info


Presented By:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor's portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you're looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
Property Type
Residential Income
Property Subtype 1
5 or More Units
Subtype Description
Apartments
Year Built
1979
Year Built Source
Owner
Stories
2
# of Buildings
2
Total Units
8
# of Floors
2
Signs
Yes
Directions to Property
CA-140 E, Yosemite Pkwy to Edwards Ave
Cross Street
Hwy 140
County
Merced
Special Listing Conditions
None
Construction Materials
Stucco, Frame
Foundation
Slab
Roof
Composition
Heating
Central
Cooling
Central
Laundry Features
Washer/Dryer Leased, In Common Area, Laundry Closet
Flooring
Tile
Appliances
Free Standing Refrigerator, Free Standing Electric Oven
Exterior Features
Fenced Yard, Yard Space
Patio And Porch Features
Balcony/Deck, Covered Patio
Total Units
8
# of 2 Bedroom Units
8
# of 2 Bedrooms Occupied
6
Units Furnished
None
Unit 1 Type
Apartment
Unit 1 # of Rooms
4
Unit 1 Approx SqFt
850
Unit 1 SqFt Source
Not Measured
Unit 1 Bedrooms
2
Unit 1 Full Baths
1
Unit 1 Rent
1225
Unit 1 Rent Source
Rental
Unit 1 Occupancy
Tenant
Unit 1 Lease Term
12 Months
Unit 2 Type
Apartment
Unit 2 # of Rooms
2
Unit 2 Approx SqFt
850
Unit 2 SqFt Source
Not Measured
Unit 2 Bedrooms
2
Unit 2 Full Baths
1
Unit 2 Rent
1028
Unit 2 Rent Source
Rental
Unit 2 Occupancy
Tenant
Unit 3 # of Rooms
2
Unit 3 Approx SqFt
850
Unit 3 SqFt Source
Not Measured
Unit 3 Bedrooms
2
Unit 3 Full Baths
1
Unit 3 Rent
1225
Unit 3 Rent Source
Rental
Unit 3 Occupancy
Tenant
Unit 4 Type
Apartment
Unit 4 # of Rooms
4
Unit 4 Approx SqFt
850
Unit 4 SqFt Source
Not Measured
Unit 4 Bedrooms
2
Unit 4 Full Baths
1
Unit 4 Rent
1080
Unit 4 Rent Source
Rental
Unit 4 Occupancy
Tenant
Utilities
Electric
Electric
220 Volts
Irrigation
Public District
Water Source
Public
Sewer
Public Sewer
Separate Meters
Electricity, Gas
Parking Features
Open, Carport, Uncovered, Guest Parking Available
Total Parking Spaces
14.00
Carport Spaces
8.00
# of Guest Space(s)
6
Open Parking Spaces
6.00
Lot Features
Curb(s), Landscape Back, Landscape Front
APN
034 230 002
Zoning Description
R-2
List AOR
MetroList Services, Inc.
Association
No
School District (County)
Merced
Elementary School District
Merced City
Middle or Junior School District
Merced City
Senior High School District
Merced Union High
Total # Leasable
2
Income Includes
Laundry
Operating Expense Includes
Professional Management, Repairs, Insurance, Trash, Maintenance Grounds, Water/Sewer
Tenant Pays
Electricity, Gas
Lease Term
Lease/Month to Month Mix

Courtesy of Armando Diaz, Soldavi Inc.
IDX provided by Reliance Marketing

Metrolist
Terms of Use

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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