Sold
Last Sold Price
14 beds8,000 sqft$175/sqft
351 W 19th St, Merced, CA 95340
Multi FamilyProperty Type
0.34 acresLot Size
1975Year Built
$175/sq ftPrice per sq ft

Description

A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane...A 14-unit complex with 14 large 1 bed, 1 bath units approximately 600 sq ft each. Priced at a little over $114,000 per unit, delivering a 5.66 cap rate at the asking price. This complex offers on site laundry with its own individual room and the entire perimeter is gated for extra security and safety located in downtown Merced. Each unit comes with it's own parking space inside the gated area and storage space to store your additional personal items. All the units were upgraded with newer dual pane windows and are all rented out and in good condition.
  • Listed by: Jeff Nightengale DRE #01878234 Brokerage DRE #00463722 • London Properties Ltd - Merced 209-947-2247
Listing closed: 08/29/2025 12:00 AM • Source: CRMLS, MLS#: MC25152545

Recent comparable sales

Median sold price

$1,124,000

Avg days on market

133

Sale-to-list ratio

113.4%

Merced, CA

9 comparable properties found

a front view of a house with a yard
1

$1,420,000

Sold 02/26/25

14
Bedrooms
Unavailable
Bathrooms
7,206
Square Feet
0.31
Acres
$1,625,454 | 127 West 18th Street, Merced, CA 95340
1/87
2

$1,625,454

Sold 06/24/25

23
Bedrooms
Unavailable
Bathrooms
16,615
Square Feet
0.69
Acres
front view of a building with street view
3

$1,349,250

Sold 05/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
17.99
Acres
a front view of a house with a garden
4

$1,050,000

Sold 07/21/25

4
Bedrooms
7,000
Square Feet
0.26
Acres
$1,124,000 | 0 Bellevue Road, Merced, CA 95348
5

$1,124,000

Sold 12/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
28.14
Acres
$103,500 | 1835 Martin Luther King Jr Way, Merced, CA 95340
6

$103,500

Sold 03/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
a front view of house with a yard and garage
7

$365,000

Sold 07/10/25

3
Bedrooms
Unavailable
Bathrooms
2,019
Square Feet
0.09
Acres
8

$1,300,000

Sold 09/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
a view of a city
1/12
9

$310,000

Sold 10/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.43
Acres

Location

Listing Courtesy of London Properties Ltd - Merced, Jeff Nightengale, DRE #01878234

Sold By London Properties Ltd - Merced, Jeff Nightengale, DRE #01878234

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Property Taxes

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Property Information for 351 West 19th Street

Property Details
  • MLS Type: Residential Income / Res Income 2-4 Units
  • Parking Spaces Total: 0
  • Private Pool: No
  • Total Units: 14.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 8000
  • Assessor Parcel Number: 031071012000
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • 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: 8000
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Fireplace: No
  • Pool: No
  • Association: No
  • Association Fee: $.00
  • Zoning: R-4
  • Senior Community: No
  • Parcel Number: 031071012000
  • Area: Out of Area
  • Directions: Go North on G St; Turn right on 19th
Building Information
  • Building/Complex: 351 W 19th St
  • Stories: 2
  • Year Built: 1975
Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $130,200
  • Gross Scheduled Income: $130,200
  • Net Operating Income: $90,702
  • Cap Rate: 5.66
  • Financing: Seller Financing
Expense Details
  • Operating Expense: $39,498
  • New Taxes Expense: $4,958
  • Gardener Expense: $1,800
  • Cable TV Expense: $3,600
  • Fuel Expense: $4,440
  • Electric Expense: $0
  • Insurance Expense: $11,500
  • Professional Management Expense: $0
  • Trash Expense: $6,600
  • Water Sewer Expense: $6,600
  • Total Expenses: $39,498
Tax / Assessment Info
  • Tax Block: 122
  • Tax Census Tract: 13.02
  • CFD/Mello-Roos Fee: $333
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Gutters
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Window Features: Double Pane Windows
  • Roof: Tile
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft, Paved
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: On street, Parking Space
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Parking Space, Street
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 14
  • Unit Type Beds Total: 14
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $775
  • Unit Type Total Rent: $10,850
  • Unit Type Pro Forma: 1150
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 14
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 351 West 19th Street

DateEvent & SourcePriceAppreciation
Aug 29, 2025

Sold

CRMLS #MC25152545

$1,400,000
Aug 29, 2025

Sold

CLAW #MC25152545MR

$1,400,000
Aug 29, 2025

Sold

SDMLS #MC25152545

$1,400,000
DateEvent & SourcePrice
08/29/2025

Sold

CRMLS #MC25152545

$1,400,000
08/29/2025

Sold

CLAW #MC25152545MR

$1,400,000
08/29/2025

Sold

SDMLS #MC25152545

$1,400,000

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

Public Records for 351 West 19th Street

Taxable ValueLand$115,000Additions$1,285,160Total$1,400,160
Tax Record2025$5,253 ($438 / month)
Home Facts
Lot Size15,000 SqFtStyleMulti-Family Dwelling (2-4)ZoningR4CountyMERCEDAPN031-071-012-000

Schools near 351 West 19th Street

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
John Muir Elementary 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 351 West 19th Street, Merced, CA 95340
$1,400,000
14
8,000
15,000
$185,000
3
1,261
7,405
3
2
2,018
7,500
7,501
$150,000
1
484
7,125

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, Jeff Nightengale, DRE #01878234

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.