40 W 13th Street, Merced, CA 95341
Merced County
Key Facts
Description
Brand new 10-unit apartment complex with enterprise zoning coming soon to the heart of Merced! These modern 2 apartment buildings will offer an incredible investment opportunity with ten, 2-bedroom, 1-bathroom units, each approximately 665 sq. ft., thoughtfully designed for comfort and efficiency. Every unit will feature brand-new appliances, laminate flooring throughout, dual-pane windows, and an indoor laundry room for added convenience. The open-concept kitchens will be highlighted by granite countertops that connect seamlessly to the formal living room. The property also includes solar panels for energy efficiency and a new 30-year composition roof for long-term durability. Residents will enjoy ample private parking, a professionally landscaped front area, and concrete driveways and walkways throughout the property, designed for easy maintenance and great curb appeal. Additionally, with its Enterprise zoning, the property benefits from flexible land-use allowances that support a wide range of residential, commercial, and mixed-use developments. This zoning provides added versatility for investors and potential future expansion, making it an even more valuable long-term asset. The project is scheduled for completion by the end of 2025, making it an excellent opportunity.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Living Area
6,665 sq ft
Lot Size
0.26 acres
MLS® Listing#
225130882
Property Features
- Cooling:
- Central Air
- Heating:
- Central
- Flooring:
- See Remarks
- Parking:
- See Remarks
- Construction:
- See Remarks
- Roof:
- Composition
- Utilities:
- None
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Parcel #:
- 031-343-021-000
Directions
From Civic Ballpark head northeast on G St toward 11th St, Turn L on 13th Street, property on Left.
Affordability Calculator
$480,000
Estimated monthly payment
$12,774/mo
Principal $1,920,000 · Est. interest $2,678,571 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Merced, CA
- $465,854
- Median Listing Price
- 48
- Median Days on Market
- 1,785
- Median Sq Ft
- $257
- Median Price / Sq Ft
- 367
- Active Listings
- This home’s price is 415% above the area median.
- Its price per sq ft is 40% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Merced, CA.
Location
- 40 W 13th Street, Merced, CA 95341
Walk Score
Nearby Schools
Galen Clark Pre-School
School · 0.2 mi away
Merced 11th Street Head Start
School · 0.2 mi away
Don Stowell Elementary School
Elementary · 0.3 mi away
Harvest Christian School
School · 0.3 mi away
Independence High School
Secondary · 0.5 mi away
Merced County Rop
Secondary · 0.5 mi away
Merced Montessori School
Elementary · 0.7 mi away
Tenaya Middle
Secondary · 0.8 mi away
Charles Wright Elementary School
Elementary · 0.9 mi away
Alicia Reyes Elementary
Elementary · 1.0 mi away
Muir Elementary School
Elementary · 1.0 mi away
Herbert Hoover Middle
Secondary · 1.1 mi away
Farmdale Elementary School
Elementary · 1.2 mi away
John Fremont Elementary
Elementary · 1.2 mi away
Margaret Sheehy Elementary
Elementary · 1.2 mi away
Our Lady of Mercy School
School · 1.3 mi away
Leontine Gracey Elementary School
Elementary · 1.4 mi away
Alexander Street Montessori
Elementary · 1.6 mi away
Ada Givens Elementary School
Elementary · 1.6 mi away
Valley Merced Community
School · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Moving Cost Estimate
EXIT Agents in Merced
Listing Courtesy: Realty Executives of Northern California - 2093858500
Presented by: Randy Hayer
CA DRE# 01520140. Kris Klair Broker
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