40 W 13th Street, Merced, CA 95341

$2,400,000

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List Price
$2,400,000
Status
PENDING
MLS#
MC25235639
Lot Size
11,250
Acres
0.26
Lot Location
0-1 Unit/Acre
Days on Market
279
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Brand new 10-unit apartment complex with enterprise zoning coming soon to the heart of Merced! These modern 2 apartment buildings will offer an incredible investment opportunity with ten, 2-bedroom, 1-bathroom units, each approximately 665 sq. ft., thoughtfully designed for comfort and efficiency. Every unit will feature brand-new appliances, laminate flooring throughout, dual-pane windows, and an indoor laundry room for added convenience. The open-concept kitchens will be highlighted by granite countertops that connect seamlessly to the formal living room. The property also includes solar panels for energy efficiency and a new 30-year composition roof for long-term durability. Residents will enjoy ample private parking, a professionally landscaped front area, and concrete driveways and walkways throughout the property, designed for easy maintenance and great curb appeal. Additionally, with its Enterprise zoning, the property benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. This zoning provides added versatility for investors and potential future expansion, making it an even more valuable long-term asset. The project is scheduled for completion by the end of 2025, making it an excellent opportunity for investors seeking a turn-key, income-producing property in a growing market. Located just minutes from downtown Merced, UC Merced, shopping centers, and major highways, this development offers both convenience and lifestyle appeal.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Concrete
Roof
Composition
Water
Public
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: Randy Hayer (myagentrandy@gmail.com) from Listing Office: Realty Executives Of Northern California.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.