1226 Canal St

Merced, CA 95341

$1,830,000
Last Sold Price
74
Beds
2162
Baths
18,500 Sq. Ft.
$99 / Sq. Ft.
18,500
Sq. Ft.
$99
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 12/21/17
Closed 12/21/17

Description

Be part of the wave and growth of uc merced! Yosemite manor apartments are for sale. Here's your opportunity to acquire 46 units in the heart of the san joaquin valley. Property consists of seven detached buildings, three adjoined parcels with approx 1.47 acres on the corner of canal and 13th st near downtown. Property offers 2 bedrooms, 1 bedrooms, and studios with room to build more - priced at $40,217 per unit. Request a sales brochure for more details.Be part of the wave and growth of uc merced! Yosemite manor apartments are for sale. Here's your opportunity to acquire 46 units in the heart of the san joaquin valley. Property consists of seven detached buildings, three adjoined parcels with approx 1.47 acres on the corner of canal and 13th st near downtown. Property offers 2 bedrooms, 1 bedrooms, and studios with room to build more - priced at $40,217 per unit. Request a sales brochure for more details.
  1. Listed by Armando Diaz • DRE #01496803 • Brokerage DRE #01496803 • Soldavi Realty Inc.
  2. Listed by Christal Phillips • DRE #01812484 • Brokerage DRE #01496803 • Soldavi Realty Inc.

Property Details for 1226 Canal Street

Architectural Style
Traditional
View
City Lights, Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Air, Wall/Window Unit(s)
Total Units
46.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 12/21/2017 03:12 AM

Property Details for 1226 Canal Street

StatusClosed
MLS #MC17252452
Days on Compass19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size1.47 AC / 64,033 SF
CountyMerced County
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Location

Listing Courtesy of Soldavi Realty Inc., Armando Diaz, DRE #01496803; Soldavi Realty Inc., Christal Phillips, DRE #01812484

Sold By Keller Williams Realty, Jagmeet Singh, DRE #01886951

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Building Information for 1226 Canal Street

Stories1Residences-Year Built1963Building Size-Lot Size1.47 AC / 64,033 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$10,621 per month

30 year fixed, 6.36% Interest

Principal and Interest

$9,119

Property Taxes

$1,502

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1226 Canal Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $20,650
  • Gross Scheduled Income: $248,909
  • Net Operating Income: $123,329
  • Laundry Income: $4,000
  • Current Financing: Conventional
  • Financing: Cash
Expense Details
  • Operating Expense: $125,580
  • New Taxes Expense: $11,980
  • Fuel Expense: $0
  • Licenses Expense: $780
  • Pest Control Expense: $7,500
  • Electric Expense: $0
  • Insurance Expense: $12,200
  • Professional Management Expense: $30,000
  • Workmans Compensation Expense: $1,700
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $125,580
Tax / Assessment Info
  • Tax Census Tract: 16.01
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Electric Oven, Electric Range
  • Equipment: Community
  • Interior Features: Ceiling Fan(s), Open Floorplan
  • Room Type: Master Bathroom, Master Bedroom
  • Bedroom Features: Master Bedroom
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Wall Furnace
  • Heating: Central, Wall Furnace
  • Flooring Type: Carpet, Vinyl
  • Flooring: Carpet, Vinyl
Exterior Features
  • Window Features: Blinds
  • Exterior Features: Lighting
  • Roof: Composition
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: Concrete Perimeter
  • Foundation Details: Concrete Perimeter
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: 031-323-005, 031-323-006
  • Lot Features: Lot Over 40000 Sqft, Paved, Sprinklers In Front
  • Number Of Units: 46
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One, Two
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Electric: 220 Volts in Kitchen
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 46
  • Unit Type Beds Total: 74
  • Unit Type Baths Total: 47
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $20,650
  • Unit Type Total Rent: $20,650
  • Unit Type Pro Forma: 20650
  • Unit Type Type: 1
Unit 2
  • Unit Type Type: 2
Unit 3
  • Unit Type Type: 3
Unit 4
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 43
  • Rent Controlled: No
  • Number Of Buildings: 7
  • Number Of Separate Electric Meters: 45
  • Number Of Separate Gas Meters: 45
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 0
  • Number With Range: 44
  • Number With Refrigerator: 44
  • Number With Disposal: 0
  • Number Wall AC: 33

Property History for 1226 Canal Street

DateEvent & SourcePriceAppreciation
Dec 21, 2017

Sold

CLAW #MC17252452MR

$1,830,000—
Dec 21, 2017

Sold

SDMLS #MC17252452

$1,830,000—
Dec 21, 2017

Sold

CRMLS #MC17252452

$1,830,000—
DateEvent & SourcePrice
12/21/2017

Sold

CLAW #MC17252452MR

$1,830,000
12/21/2017

Sold

SDMLS #MC17252452

$1,830,000
12/21/2017

Sold

CRMLS #MC17252452

$1,830,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1226 Canal Street

Taxable ValueLand$85,000Additions$1,536,050Total$1,621,050
Tax Record2025$18,020 ($1,502 / month)
Home Facts
Baths1Total Finished SqFt5,280 SqFtAbove Grade Finished SqFt5,280 SqFtStories1Lot Size32,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963Year Renovated1965CountyMERCEDAPN031-323-004-000Fireplace TypeHas Fireplace

Schools near 1226 Canal Street

This home is within Merced City Elementary School District.
Rating
School
Type
Grades
Distance
Don Stowell Elementary School
Public - K to 6
Tenaya Middle School
Public - 7 to 8
Merced High School
Public - 9 to 12
Joe Stefani Elementary School
Public - 3 to 6
Rating
School
Distance
Don Stowell Elementary School
PublicK to 6

Tenaya Middle School
Public7 to 8

Merced High School
Public9 to 12

Joe Stefani Elementary School
Public3 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Soldavi Realty Inc., Armando Diaz, DRE #01496803; Soldavi Realty Inc., Christal Phillips, DRE #01812484

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.