308 W 20th St, Merced, CA 95340
Local realty services provided by:ERA Donahoe Realty
308 W 20th St,Merced, CA 95340
$1,350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jesse kalsi
Office: kal real estate group510-377-8858
MLS#:41128774
Source:CRMLS
Price summary
- Price:$1,350,000
About this home
INCREDIBLE INVESTMENT OPPORTUNITY! Two adjacent parcels—308, 310, 312 W. 20th St. and 1927, 1935, 1943 Martin Luther King Jr. Way—are being offered together, featuring a total of six units. This multi-family asset is located in a rapidly developing area within walking distance of revitalized Downtown Merced. It also offers convenient access to Merced College and University of California, Merced, as well as nearby public transportation, major freeways, and the planned high-speed rail station—making it highly attractive for tenants.The property consists of six 2-bedroom, 1-bathroom units, all currently tenant-occupied. Major upgrade already done! Roof is under 6 years old. One unit has been fully renovated, featuring fresh paint, new flooring, and a completely updated kitchen and bathroom. The property offers four covered parking spaces, along with ample street parking for tenants and guests. Both buildings sit on the same site under two separate parcel numbers, presenting flexibility and added value. This is an excellent candidate for a 1031 exchange. Don’t miss the chance to secure an income-generating property in one of Merced’s most promising growth areas. This is an opportunity you won’t want to overlook....
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Home facts
- Year built:1966
- Listing ID #:41128774
- Added:50 day(s) ago
- Updated:May 17, 2026 at 10:48 AM
Rooms and interior
- Flooring:Carpet, Laminate, Tile
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Metal
- Year built:1966
- Lot area:0.31 Acres
- Construction Materials:Stucco
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
Parking
- Total parking spaces:4
- Parking description:Covered
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