Merced, CA 95340,2917 Oleander AVE
Merced, CA 95340,2917 Oleander AVE
Merced, CA 95340,2917 Oleander AVE
Merced, CA 95340,2917 Oleander AVE
Merced, CA 95340,2917 Oleander AVE
Merced, CA 95340,2917 Oleander AVE
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$2,000,000

$2,170,000

7.8%
Est.Price: ?

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Est. payment /mo

4.6 Acres Lot


SOLD DATE : 03/18/2022

Key Details

Sold Price $2,000,000

Property Type Other Types

Sub Type SingleFamilyResidence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MC21175025

Sold Date 03/18/22

HOA Y/N No

Year Built 1932

Lot Size 4.600 Acres

Property Description

Great opportunity to own a 12-unit investment property located on 4.6 acres. The property includes five parcels that consist of 1 acre of land, zoned multi-family. Two units on 1 acre with a 2 bed, 1 bath unit, and a 3 bed, 1 bath unit. The property also includes six units on a 1-acre lot, a triplex, a duplex, 2 bed, 1 bath unit, 1 bed, 1 bath unit, a two-story home, and large storage in the back. Two units on a 1-acre lot, 3 beds, 1 bath country home with its own backyard and a garage, and a 1 bed, 1 bath unit with a nice backyard. One parcel has a 3 bed, 2 bath home, and includes an additional 1 bed, 1 bath studio. Six units on the property have been reroofed within the last year. All units within the last eighteen months had the exterior newly painted. Several of the homes had the interior upgraded within the last two years. The rental history on this property has been amazing with many tenants being here for several years even with the recent covid. This whole property has the potential for 43 SFR buildouts in the near future. Location, location, location! Located in North Merced near UC Merced, Merced Mall, Mercy Medical Center, Downtown Merced, and many restaurants. Schedule your appointment today to see this amazing opportunity.

Location

State CA

County Merced

Zoning R-1

Rooms

Other Rooms Storage

Interior

Interior Features CeilingFans

Heating FloorFurnace, SeeRemarks, WallFurnace

Cooling WallWindowUnits

Flooring SeeRemarks, Tile

Fireplaces Type SeeRemarks

Fireplace Yes

Appliance GasRange

Laundry SeeRemarks

Exterior

Parking Features Carport, Garage, SeeRemarks

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Lot Description BackYard, FrontYard, Lawn, RectangularLot, Yard

Story One

Entry Level One

Foundation Slab

Sewer SepticTypeUnknown

Water Public

Level or Stories One

Additional Building Storage

New Construction No

Others

Senior Community No

Tax ID 007142047000

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Financing CashtoLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Randy Hayer • SVN Executive Commercial Advisors
Bought with Randy Hayer • SVN Executive Commercial Advisors
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+1(949) 258-2228

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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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