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6860 6848 Walnut Ave

Winton, CA 95388

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$3,395,000

66 bd
  |  
26,000 sq ft
  |  
1.78 acres

6860 6848 Walnut Ave

Winton, CA 95388

Listed On: 09/25/2026
Status: Active
Listing Number: 226120667 (Metrolist MLS)

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Contact Info


Presented By:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
33 residential units configured as 15 duplexes, one triplex and one single-family home. All units are 2-bedroom / 1-bath residences with approximately +/- 830 SF per unit. Approximately +/- 26,000 SF of total building area, per owner-provided information. Approximately 99% leased, providing a highly stabilized occupancy profile. Going-in cap rate of 6.44% with current NOI of $218,512. Winton location provides access to Atwater, Merced, State Route 99, and the broader Merced County employment base. County approved four additional units on the parcel UC Merced continues to expand its academic and residential footprint with a 200,000+ SF Medical Education Building, a 36,000 SF classroom building, a new student union and 488-bed Promise Housing. The campus is approximately 15.5 miles from the property. Continued university and regional growth may support long-term housing demand and transportation activity across Merced County.
Property Type
Residential Income
Property Subtype 1
5 or More Units
Subtype Description
Apartments
Year Built
1963
Year Built Source
Assessor Agent-Fill
Stories
1
# of Buildings
17
Total Units
33
# of Floors
1
Levels
One, Two
Directions to Property
GPS
Cross Street
N Winton Way
County
Merced
Special Listing Conditions
Other
Construction Materials
Frame, Wood
Foundation
Slab
Heating
Hot Water, Other
Cooling
Other
Laundry Features
Other
Flooring
Carpet, Other
Total Units
33
# of 2 Bedroom Units
33
Unit 1 Description
Two Bedrooms One bath
Unit 1 Approx SqFt
800
Unit 1 SqFt Source
Owner
Unit 4 Type
Apartment
Utilities
Sewer Connected, Electric
Irrigation
Other
Water Source
Public
Sewer
Public Sewer, Other
Parking Features
Street, Other
Lot Features
Other
APN
146 141 012
Zoning Description
R-3
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
33
Income Includes
Rent Only

Courtesy of Nina Kovalyov, Capitol Commercial Real Estate and Business Sales
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.

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