Views
Address
2917 Oleander Avenue Merced, CA
Price
$ 2,495,000
Property Attributes
  • MLS#MC21175025
  • TypeIncome
  • CountyMERCED
  • CityMerced
  • Zip95340
  • StyleSingle Family Residence
  • Price$ 2,495,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage814
  • Lot Size4.6 Acres
Listing Provided Courtesy Of:
Randy Hayer with SVN Executive Commercial Advisors - 209-765-3767
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. The property also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 beds, 1 bath country home with its own backyard and a garage, and a 1 bed, 1 bath unit with a nice backyard. One parcel has a 3 bed, 2 bath home, and includes an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years even with the recent covid. This whole property has the potential for 43 SFR buildouts in the near future. Location, location, location! Located in North Merced near UC Merced, Merced Mall, Mercy Medical Center, Downtown Merced, and many restaurants. Schedule your appointment today to see this amazing opportunity.

Price History
8/26/2021 Listed $2,495,000

General Features

Additional Parcels Description 048, 049, 050, 051
Additional Parcels Y/N Yes
Appliances Gas Range
Carport Spaces 2
Carport Y/N Yes
Community Features Curbs, Sidewalks
Construction Materials Frame
Cooling Wall/Window Unit(s)
Flooring See Remarks, Tile
Garage Spaces 2
Garage Y/N Yes
Heating Floor Furnace, See Remarks, Wall Furnace
Interior Features Ceiling Fan(s)
Levels One
Listing Agent Randy Hayer - BRE#01251542
Listing Agent State License 01251542
Lot Size Square Feet 200376
Other Structures Storage
Pool Features None
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Septic Type Unknown
Spa Features None
Special Listing Conditions Standard
Status Active
Stories 1
Terms Cash, Conventional, Submit
Total Units 12
View Neighborhood
Virtual Tour https://vimeo.com/user96950028/review/535123944/edf8d0932b
Zoning R-1

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features See Remarks
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features See Remarks

Exterior Features

Foundation Details Slab
Lot Features Back Yard, Front Yard, Lawn, Rectangular Lot, Yard
Lot Size Acres 4.6
Lot Size Area 4.6
Lot Size Source Assessor
Lot Size Units Acres
Number of Buildings 12
Parking Features Carport, Garage, See Remarks
Road Surface Type Paved
Total Parking 4
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95340

Price
AVG $1.26M
$2.5M
Visits
AVG 76
20
Year Built
AVG 1933
1932
Walkscore
AVG 59
31
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.