1962 Edwards Ave

6,800 Sq. Ft.
$191 / Sq. Ft.
6,800
Sq. Ft.
$191
per Sq. Ft.

Description

Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor's portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced...Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor's portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you're looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
  1. Listed by Armando Diaz • DRE #01496803 • Soldavi Inc.
    P: (209)-383-3000 theteam@soldavi.com
  2. Listed by Emanuel J. Gutierrez • DRE #02103022 • Soldavi Inc.
    P: (209)-531-3830 e.gutierrez@soldavi.com

Property Details for 1962 Edwards Avenue

Parking Features
Open, Carport, Uncovered, Guest Parking Avail
Zoning
R-2
LISTING UPDATED: 02/27/2026 10:09 AM

Property Details for 1962 Edwards Avenue

StatusActive
MLS #226021572
Days on Compass24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1979
Lot Size0.37 AC / 16,204 SF
CountyMerced County

Location

Listing Courtesy of Soldavi Inc., Armando Diaz, DRE #01496803; Soldavi Inc., Emanuel J. Gutierrez, DRE #02103022
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Building Information for 1962 Edwards Avenue

Stories2Residences8Year Built1979Building Size-Lot Size0.37 AC / 16,204 SF

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$6,915 per month

30 year fixed, 6.11% Interest

Principal and Interest

$6,309

Property Taxes

$606

HOA Dues

$0

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Property Information for 1962 Edwards Avenue

Summary
Location and General Information
  • Area/District: 20407
  • Area Short Display: 20407
  • Cross Street: Hwy 140
  • City: Merced
  • County: Merced
  • State: CA
  • Zip Code: 95340
  • Zip Plus 4: 4340
  • Directions to Property: CA-140 E, Yosemite Pkwy to Edwards Ave
Taxes and HOA Information
  • APN: 034-230-002
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Merced
  • Elementary School District: Merced City
  • Middle or Junior School District: Merced City
  • Senior High School District: Merced Union High
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 8
  • Garage Spaces: 0
  • Total Parking Spaces: 14
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 6
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Owner
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.372
  • Lot Size Source: Not Verified
  • Lot Size Square Feet: 16204.0
  • Lot Features: Curb(s), Landscape Back, Landscape Front
Property and Assessments
  • Home Warranty: false
  • Irrigation: Public District
  • Year Built: 1979
  • Picture Count: 22
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
  • Property Disclaimer: All data, photos, visualizations and information regarding a property, including all measurements and calculations of area, has been obtained from various sources and has not been, and will not be verified by the listing broker, except as required by the MLS Rules, or MLS. Information on this website may be from sources other than broker, sellers and/or MLS, may include information generated using artificial intelligence, digitally altered photographs or images, and is not guaranteed as complete, accurate or reliable. All data, photos, visualizations and information regarding a property is provided “AS IS” and without any warranty, express or implied, and should be independently reviewed and verified for accuracy.
  • Signs: Yes
  • Census Tract: 0.0
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 6
  • # Of Buildings: 2
  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Stories: 2
  • Patio And Porch Features: Balcony/Deck, Covered Patio
  • Exterior Features: Fenced Yard, Yard Space
  • Horse Property: false
  • Pool: false
  • Roof: Composition
  • Senior Community: false
Interior Features
  • Heating: Central
  • Appliances: Free Standing Refrigerator, Free Standing Electric Oven
  • Laundry Features: Washer/Dryer Leased, In Common Area, Laundry Closet
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Central
  • Electric: 220 Volts
  • Flooring: Tile
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 8
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 6
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 8
  • # Of Units Total: 8
  • Num of Units: 8
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Lease Term: 12 Months
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Rental
  • Unit 1 Rent: $1,225.00
  • Unit 1 Approx SqFt: 850.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 4
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Rental
  • Unit 2 Rent: $1,028.00
  • Unit 2 Approx SqFt: 850.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 2
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Rental
  • Unit 3 Rent: $1,225.00
  • Unit 3 Approx SqFt: 850.0
  • Unit 3 SqFt Source: Not Measured
  • Unit 3 # of Rooms: 2
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Rental
  • Unit 4 Rent: $1,080.00
  • Unit 4 Approx SqFt: 850.0
  • Unit 4 SqFt Source: Not Measured
  • Unit 4 # of Rooms: 4
  • Unit 4 Type: Apartment
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Laundry
  • Operating Expense Includes: Professional Management, Repairs, Insurance, Trash, Maintenance Grounds, Water/Sewer
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity, Gas

Property History for 1962 Edwards Avenue

DateEvent & SourcePriceAppreciation
Feb 24, 2026

Listed (Active)

METROLIST #226021572

$1,300,000
Dec 22, 2016

Sold (Public Record)

Public Record #588300325

$565,000

-1.6% / yr

Mar 6, 2008

Expired

RESFAR #70106502

Mar 6, 2008

Expired

METROLIST #70106502

Oct 8, 2007

Listed (Active)

RESFAR #70106502

$675,000
Oct 8, 2007

Listed (Active)

METROLIST #70106502

$675,000
Jun 9, 2005

Sold (Public Record)

Public Record #158717001

$680,000

+22.0% / yr

May 30, 2005

Sold

CRMLS #CC238128

$680,000
May 30, 2005

Sold

CLAW #Y45761MR

$680,000
May 30, 2005

Sold

CRMLS #Y45761

$680,000
May 3, 2005

Pending

CLAW #Y45761MR

May 3, 2005

Pending

CRMLS #Y45761

Dec 17, 2004

Listed (Active)

CLAW #Y45761MR

$699,500
Dec 17, 2004

Listed (Active)

CRMLS #CC238128

$699,500
Dec 17, 2004

Listed (Active)

CRMLS #Y45761

$699,500
Mar 30, 2001

Sold (Public Record)

Public Record #72000761

$295,000
DateEvent & SourcePrice
02/24/2026

Listed (Active)

METROLIST #226021572

$1,300,000
12/22/2016

Sold (Public Record)

Public Record #588300325

$565,000

-1.6% / yr

03/06/2008

Expired

RESFAR #70106502

03/06/2008

Expired

METROLIST #70106502

10/08/2007

Listed (Active)

RESFAR #70106502

$675,000
10/08/2007

Listed (Active)

METROLIST #70106502

$675,000
06/09/2005

Sold (Public Record)

Public Record #158717001

$680,000

+22.0% / yr

05/30/2005

Sold

CRMLS #CC238128

$680,000
05/30/2005

Sold

CLAW #Y45761MR

$680,000
05/30/2005

Sold

CRMLS #Y45761

$680,000
05/03/2005

Pending

CLAW #Y45761MR

05/03/2005

Pending

CRMLS #Y45761

12/17/2004

Listed (Active)

CLAW #Y45761MR

$699,500
12/17/2004

Listed (Active)

CRMLS #CC238128

$699,500
12/17/2004

Listed (Active)

CRMLS #Y45761

$699,500
03/30/2001

Sold (Public Record)

Public Record #72000761

$295,000

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

Public Records for 1962 Edwards Avenue

Taxable ValueLand$92,843Additions$559,932Total$652,775
Tax Record2025$7,271 ($606 / month)
Home Facts
Lot Size16,203 SqFtStyleMulti-Family Dwelling (2-4)CountyMERCEDAPN034-230-002-000

Schools near 1962 Edwards Avenue

This home is within Merced City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 3 to 6
Rating
School
Distance
Charles Wright Elementary School
PublicK to 6

Herbert Hoover Middle School
Public7 to 8

Golden Valley 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.

Similar Homes

Similar Sold Homes

1962 Edwards Avenue is a multi-family home for sale in Merced, CA 95340. This property was listed for sale on February 24, 2026 by Soldavi Inc., it's currently listed at $1,300,000. It has been on the market for a total of 24 days and was last sold on December 22, 2016. This listing's school districts are Merced Union High School District, Merced City Elementary School District. Nearby schools include Charles Wright Elementary School, Herbert Hoover Middle School and Golden Valley High School. 1962 Edwards Avenue is a 8-bed, 4-bath, 6,800 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Soldavi Inc., Armando Diaz, DRE #01496803; Soldavi Inc., Emanuel J. Gutierrez, DRE #02103022

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