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2355 K Street

Merced, CA 95340
  • $2,995,000
  • STATUS: Active
  • ON SITE: 168 Days
  • MLS #: MC24209964
UPDATED: 13 min ago
$2,995,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Armando Diaz of Soldavi Inc. (209-383-3000) and Armando Pilola of Soldavi Inc.(209-383-3000)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-27T18:36:01.77. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/156557053
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2355 K Street Merced, CA 95340

  • Price: $2,995,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 13 min ago
  • MLS #: MC24209964
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1960
Built
County:
Merced
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.
Exterior Features

Architectural Style Traditional Construction Materials FrameWood Siding Entry Level 1 Entry Location Front Gate Fencing Wrought Iron Foundation Details Slab Number Of Separate Electric Meters 23 Open Parking Spaces 23 Parking Features PrivateUnassigned Parking Total 23 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View Neighborhood View YN Yes

Interior Features

Appliances Free-Standing RangeRefrigerator Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Vinyl Heating Wall Furnace Heating YN Yes Interior Features Balcony Window Features Double Pane Windows

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Gutter(s)Street LightsSidewalks Current Financing Private Electric 220 Volts in Kitchen Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 6874 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashContract1031 ExchangeSubmit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 22 Number Of Separate Water Meters 22 Operating Expense 0 Property Sub Type Apartment Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Utilities Cable AvailableElectricity AvailablePhone Available Water Sewer Expense 884.49 Water Source Public Zoning R-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-27T18:36:01.77. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Armando Diaz of Soldavi Inc. (209-383-3000) and Armando Pilola of Soldavi Inc.(209-383-3000)