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940 K , Merced, CA 95341
$1,495,000
Est. Payment: $8,205.12/mo
2 Bed
2 Bath
8640 Sqft
0.36 Acres
Status: Active | Days on site: 5
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mc1275 - MCOCHOER,MCBORGKE
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Chris Heller
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House Description

Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.
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Highlights

Listed by Ernesto Ochoa , 209-500-4663 and Gordon Borges , 209-500-4663 Keller Williams Property Team , 209-500-4663. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.36

Year Built

1979

County

Merced

Listing ID

MC26208516

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:All Bedrooms Up
Water:Public

Exterior Features

Lot:Near Park,Rectangular Lot,No Land Lease
Garage Capacity:12
Zoning:R-3-1.5
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$8,205
Taxes
$953

Home Price

$1,495,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$299,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,205.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,205.12 $953.06 $0.00 $9,158.18
Yearly $98,461.42 $11,436.75 $0.00 $109,898.17
Total $2,953,842.68 $343,102.50 $0.00 $3,296,945.18

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Merced, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T07:14:35.000Z

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