2355 K Street

Merced, CA 95340

$2,995,000
Price
1
Beds
2
Baths
12,800 Sq. Ft.
$234 / Sq. Ft.
12,800
Sq. Ft.
$234
per Sq. Ft.

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...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.
  1. Listed by Armando Diaz • DRE #01496803 • Soldavi Inc.

Property Details for 2355 K Street

Parking Features
Open, Uncovered
Architectural Style
Traditional
Zoning
Multi
LISTING UPDATED: 12/03/2024 11:59 AM

Property Details for 2355 K Street

StatusActive
MLS #224113767
Days on Compass72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
CountyMerced County

Building Information for 2355 K Street

Building/Complex2355 K StFloor-Stories2Residences22Pet Policy-Year Built1960Building Size-

Property Information for 2355 K Street

Summary
Location and General Information
  • Area/District: 20407
  • Area Short Display: 20407
  • Cross Street: W 24TH ST
  • City: Merced
  • County: Merced
  • State: CA
  • Zip Code: 95340
  • Directions to Property: Martin Luther King Jr Way. Drive to K St
Taxes and HOA Information
  • APN: 030-183-003
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Merced
  • Elementary School District: Merced City
  • Middle or Junior School District: Merced City
  • Senior High School District: Merced Union High
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 23
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 23
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Assessor Agent-Fill
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.5165
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 22499.0
  • Lot Features: Private, Curbs/Gutters, Sidewalk
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Home Warranty: false
  • Irrigation: Public District
  • Year Built: 1960
  • Picture Count: 19
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 0.0
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 2
  • Construction Materials: Frame
  • Fencing: Wrought Iron
  • Foundation: Slab
  • Window Features: Dual Pane Full
  • Community Features: Gutters, Sidewalks, Street Lights
  • Horse Property: false
  • Pool Features: None
  • Pool: false
  • Roof: Composition
  • Senior Community: false
Interior Features
  • Interior Features: Balcony
  • Heating: Wall Furnace
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Laundry Features: Washer/Dryer Leased, In Common Area
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Central
  • Electric: 220 Volts
  • Flooring: Vinyl
  • Entry Level: 0
  • Fireplace Features: None
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
  • Room Type: Kitchen, Living Room, Primary Bedroom
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 3
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 5
  • # of Studio Units: 18
  • Num of Units: 22
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $1,200.00
  • Unit 1 Approx SqFt: 565.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 3
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $1,000.00
  • Unit 2 Approx SqFt: 411.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 2
  • Unit 2 Type: Studio
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Rent Only
  • Operating Expense Includes: Professional Management, Repairs, Insurance, Trash, Maintenance Grounds, Water/Sewer
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity, Gas

Property History for 2355 K Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2355 K Street

Taxable ValueLand$153,000Additions$2,044,256Total$2,197,256
Tax Record2024$23,481 ($1,957 / month)
Home Facts
Lot Size22,500 SqFtStyleMulti-Family Dwelling (2-4)CountyMERCEDAPN030-183-003-000

Schools near 2355 K Street

This home is within Merced City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 3 to 6
Rating
School
Distance
John Muir Elementary School
PublicK to 6

Herbert Hoover Middle School
Public7 to 8

Merced High School
Public9 to 12

Joe Stefani
Public3 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2355 K Street is a multi-family home for sale in Merced, CA 95340. This property was listed for sale on October 7, 2024 by Soldavi Inc., it's currently listed at $2,995,000. It has been on the market for a total of 72 days and was last sold on December 30, 2022. This listing's school districts are Merced City Elementary School District, Merced Union High School District. Nearby schools include John Muir Elementary School, Herbert Hoover Middle School and Merced High School. 2355 K Street is a 1-bed, 2-bath, 12,800 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Soldavi Inc., Armando Diaz, DRE #01496803

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.