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132 W 18th St
Merced, CA 95340
Worldbid Auction of 15 Unit Apt Complex · Multifamily Property For Sale
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15 Units
Investment Highlights
- Worldbid Auction April 23, 2024
- Appraised for $900,000
- Starting Bid $400,000
- Court ordered auction
Property Facts
| No. Units | 15 | Building Size | 9,000 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2012 |
| Building Class | C | Parking Ratio | 0.67/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | R4, Merced - Apartments | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 9,000 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2012 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | R4, Merced - Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Gated
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | 450 - 500 |
| 1+1 | 5 | - | 600 |
| 2+1 | 5 | - | 750 |
Property Taxes
| Parcel Number | 031-161-005 | Improvements Assessment | $1,249,394 |
| Land Assessment | $111,426 | Total Assessment | $1,360,820 |
Property Taxes
Parcel Number
031-161-005
Land Assessment
$111,426
Improvements Assessment
$1,249,394
Total Assessment
$1,360,820
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