2405 N Street

Closed 9/9/26
Closed 9/9/26
Gallery Image 1
Sold
Last Sold Price
$660,000
5 beds6 baths4,812 sqft$137/sqft
2405 N St, Merced, CA 95340
Mixed UseProperty Type
1,950 sq ftLot Size
1952Year Built
$137/sq ftPrice per sq ft
5 carsParking Spaces

Description

Great opportunity for investors! 3 single family homes and a duplex on a .45 acre lot. Single family homes are two 2 bed/1 bath homes, and one 3 bed/2 bath home. Each duplex unit is 2 bed/1 bath. One single family home has a 5-year-old roof, the duplex and one of the homes had roofs placed in 2026. The remaining home will have a new roof installed prior to close of escrow. All units have a one car garage. The units are well maintained with a good rental history. Current rents are $5,700 but 3 units...Great opportunity for investors! 3 single family homes and a duplex on a .45 acre lot. Single family homes are two 2 bed/1 bath homes, and one 3 bed/2 bath home. Each duplex unit is 2 bed/1 bath. One single family home has a 5-year-old roof, the duplex and one of the homes had roofs placed in 2026. The remaining home will have a new roof installed prior to close of escrow. All units have a one car garage. The units are well maintained with a good rental history. Current rents are $5,700 but 3 units are significantly under market rate. Every unit has individual laundry hookups. The 3bed/2bath home has central heat and air, all other units have wall furnaces and evaporative coolers.
  • Listed by: Melinda Price DRE #01116263 Brokerage DRE #00463722 • London Properties Ltd - Merced 209-617-2851
Listing closed: 09/09/2026 12:00 AM • Source: CRMLS, MLS#: MC26157511
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Location

Listing Courtesy of London Properties Ltd - Merced, Melinda Price, DRE #01116263

Sold By London Properties Ltd - Merced, Jeff Lawry, DRE #01310152

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$3,688 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,411

Property Taxes

$277

HOA Dues

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Property Information for 2405 N Street

Property Details
  • MLS Type: Residential Income
  • County: Merced County
  • Parking Spaces Total: 5
  • Private Pool: No
  • Cooling Type: Central Air, Evaporative Cooling
  • Total Units: 5.0
  • Building Type: Attached
  • Lot Size Source: Public Records
  • Living Area: 4812
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 4812
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Entry Level: 1
  • Fireplace: No
  • Pool: No
  • Senior Community: No
  • Area: Out of Area
  • Directions: From M Street, west on 25th
Building Information
  • Stories: 1
  • Year Built: 1952
  • Lot Size: 0.04 AC / 1,950 SF
Rental Info
Rental Info
  • Tenant Pays: Gas, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $68,400
  • Gross Scheduled Income: $68,400
  • Net Operating Income: $54,625
  • Financing: Cash
Expense Details
  • Operating Expense: $13,755
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,400
  • Professional Management Expense: $0
  • Other Expense: $3,320
  • Other Expense Description: Taxes
  • Trash Expense: $3,000
  • Water Sewer Expense: $4,055
  • Total Expenses: $13,755
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Evaporative Cooling
  • Heating Type: Wall Furnace, Central
  • Heating: Wall Furnace, Central
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Additional Parcels Description: 030092015000
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,900
  • Unit Type Total Rent: $3,900
  • Unit Type Pro Forma: 5175
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 4

Property History for 2405 N Street

DateEvent & SourcePriceAppreciation
Sep 9, 2026

Sold

CRMLS #MC26157511

$660,000—
Sep 9, 2026

Sold

CLAW #MC26157511MR

$660,000—
Aug 3, 2026

Pending

CRMLS #MC26157511

—
DateEvent & SourcePrice
09/09/2026

Sold

CRMLS #MC26157511

$660,000
09/09/2026

Sold

CLAW #MC26157511MR

$660,000
08/03/2026

Pending

CRMLS #MC26157511

—

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

Public Records for 2405 N Street

Taxable ValueLand$60,662Additions$242,704Total$303,366
Tax Record2025$3,320 ($277 / month)
Home Facts
Baths1Total Finished SqFt856 SqFtAbove Grade Finished SqFt856 SqFtStories1Lot Size19,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Year Renovated1970ZoningR315CountyMERCEDAPN030-092-015-000

Schools near 2405 N Street

This home is within Merced City Elementary School District.
Rating
School
Type
Grades
Distance
John C. Fremont Charter School
Public - K to 6
Herbert Hoover Middle School
Public - 7 to 8
Merced High School
Public - 9 to 12
Joe Stefani Elementary School
Public - 3 to 6
Rating
School
Distance
John C. Fremont Charter School
PublicK to 6

Herbert Hoover 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of London Properties Ltd - Merced, Melinda Price, DRE #01116263

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.