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Five Bambinos 2228 Martin Luther King Jr Way 5 Unit Apartment Building $850,000 ($170,000/Unit) Merced, CA 95340
Executive Summary
Three Units recently remodeled and re-rented.
The remaining Two need renovation and tenants.
Income: $1,200.00, $1,300.00 and $1,300.00.
The remaining Two need renovation and tenants.
Income: $1,200.00, $1,300.00 and $1,300.00.
Property Facts
| Price | $850,000 | Lot Size | 0.26 AC |
| Price Per Unit | $170,000 | Building Size | 1,000 SF |
| Sale Type | Investment | Average Occupancy | 40% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1980/2024 |
| Property Subtype | Apartment | Parking Ratio | 5/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R2 - Apartments | ||
| Price | $850,000 |
| Price Per Unit | $170,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 1,000 SF |
| Average Occupancy | 40% |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2024 |
| Parking Ratio | 5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2 - Apartments |
Amenities
Unit Amenities
- Lawn
Site Amenities
- Courtyard
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,400 | 1,000 |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 030-195-001 | Improvements Assessment | $185,663 |
| Land Assessment | $47,885 | Total Assessment | $233,548 |
Property Taxes
Parcel Number
030-195-001
Land Assessment
$47,885
Improvements Assessment
$185,663
Total Assessment
$233,548
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Videos
Matterport 3D Exterior
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Photos
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Map
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Five Bambinos | 2228 Martin Luther King Jr Way
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