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$1,300,000 Just Listed
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Property Description
Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor's portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you're looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.
Full Property Details
Full Property Details for 1962 Edwards Ave
General
- Price: $1,300,000
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226021572
- Updated: 2/24/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease/Rent Term: Lease/Month to Month Mix
Interior
- Appliances: Free Standing Refrigerator, Free Standing Electric Oven
- Flooring: Tile
Rooms
Other Rooms
- Laundry: Washer/Dryer Leased, In Common Area, Laundry Closet
Exterior
- Exterior Features: Fenced Yard, Yard Space
Parking
- Total Spaces: 14
- Parking: Open, Carport, Uncovered, Guest Parking Available
Location
- Area: 20407
- County: Merced
- Cross Streets: Hwy 140
- Driving Directions: CA-140 E, Yosemite Pkwy to Edwards Ave
School Information
- School District: Merced
- Elem School District: Merced City
- Midd School District: Merced City
- High School District: Merced Union High
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric
Structural Information
- Construction: Stucco, Frame
- Foundation: Slab
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 6,800
- Sq. Ft. Source: Not Verified
- Year Built: 1979
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 2
Unit 4
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.372
- Lot Size (Sq. Ft.): 16,204
- Irrigation System: Public District
- Zoning: R-2
- Lot Description: Curb(s), Landscape Back, Landscape Front
Financial Considerations
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: None
- APN: 034-230-002
Listed by Soldavi Inc.
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Schools
Schools serving 1962 Edwards Ave
School Districts:Merced City Elementary School District, Merced Union High School District
| Name | Grades | Distance |
|---|---|---|
Charles Wright Elementary School 900 East 20th Street, Merced, CA 95340 | K-6 | 0.7 mi |
Herbert Hoover Middle School, Merced, CA 800 East 26th Street, Merced, CA 95340 | 7-8 | 1 mi |
Golden Valley High School 2121 E. Childs Ave., Merced, CA 95344 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1962 Edwards Ave
Date
Details
Price
Change
Source
2/24/2026
Listed
$1,300,000
130.09%
MLS
12/22/2016
Sold
$565,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1962 Edwards Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,271
6%
$652,775
2%
2024
$6,876
1%
$639,982
2%
2023
$6,781
1%
$627,470
2%
2022
$6,693
—
$615,144
2%
2021
$6,679
-1%
$603,089
1%
2020
$6,732
2%
$596,909
2%
2019
$6,632
10%
$584,912
2%
2018
$6,053
-4%
$573,444
2%
2017
$6,282
43%
$562,200
44%
2016
$4,386
4%
$390,000
4%
2015
$4,215
9%
$375,000
9%
2014
$3,872
26%
$345,000
23%
2013
$3,077
—
$280,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1962 Edwards Ave
1962 Edwards Avenue, Merced, CA 95340 (MLS# 226021572) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1962 Edwards Avenue is currently listed for $1,300,000 and was received on February 24, 2026. Want to learn more about 1962 Edwards Avenue? Do you have questions about finding other Single Family real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

