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$2,995,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
12/03/2024 07:17 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMC24209964
Style Traditional
Originating Board California Regional MLS
Year Built 1960
Lot Size 0.517 Acres
Property Description
Welcome to "The Palms," home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.
Location
State CA
County Merced
Rooms
Kitchen Oven Range, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Other
Exterior
Parking Features Unassigned Spaces, Private / Exclusive
Garage Spaces 23.0
Pool None
View Local/Neighborhood
Roof Type Composition
Building
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 030183003000
Special Listing Condition Not Applicable
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© 2025 MLSListings Inc. All rights reserved.
Listed by Armando Diaz • Soldavi Inc.
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Sharad Gupta
Broker | License ID: 02213637
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