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308 W 20th St , Merced, CA 95340
$1,350,000
Est. Payment: $6,766.78/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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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Highlights

Listed by Jesse Kalsi , 510-377-8858 Kal Real Estate Group , 510-377-8858. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.31

Year Built

1966

County

Merced

 Neighborhood

Other

Listing ID

41128774

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Carpet,Laminate,Tile

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Roof:Metal
Others:Stucco,2+ Total Units
Sewer:Public Sewer
Parking Features:Covered
Principal Interest
$6,767
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,766.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,766.78 $860.63 $0.00 $7,627.41
Yearly $81,201.39 $10,327.50 $0.00 $91,528.89
Total $2,436,041.59 $309,825.00 $0.00 $2,745,866.59
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Merced, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-06-25T23:39:42.000Z

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