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$2,995,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 2355 K St

General

  • Price: $2,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 224113767
  • Updated: 12/3/2024
  • Added to Site: 73 day(s) ago

Interior

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Flooring: Vinyl

Rooms

Other Rooms

  • Laundry: Washer/Dryer Leased, In Common Area

Parking

  • Total Spaces: 23
  • Parking: Open, Uncovered

Location

  • Area: 20407
  • County: Merced
  • Cross Streets: W 24TH ST
  • Driving Directions: Martin Luther King Jr Way. Drive to K St

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: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Architectural Style: Traditional
  • Construction Status: Updated/Remodeled
  • Construction: Frame
  • Foundation: Slab
  • Roof: Composition
  • Windows: Dual Pane Full
  • Stories/Levels: 2
  • Square Feet: 12,800
  • Sq. Ft. Source: Not Verified
  • Year Built: 1960

Unit Information

  • Units in Building: 22
  • Studio/Effic Units: 18

Unit 1

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.5165
  • Lot Size (Sq. Ft.): 22,499
  • Irrigation System: Public District
  • Zoning: Multi
  • Lot Description: Private, Curbs/Gutters, Sidewalk

Financial Considerations

  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Special Conditions: None
  • APN: 030-183-003

Listed by Soldavi Inc.

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Listing agent

— 2355 K St —

  • Soldavi Inc.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2355 K St

School Districts:Merced City Elementary School District, Merced Union High School District
RatingNameGradesDistance
4
John Muir Elementary School, Merced, CA
300 W 26th St, Merced, CA 95340
K-50.2 mi
4
Herbert Hoover Middle School, Merced, CA
800 E 26th St, Merced, CA 95340
6-80.8 mi
5
Merced High School
205 W Olive Ave, Merced, CA 95348
9-120.9 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2355 K St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2024
Price Reduced
$2,995,000
-4.92%
MLS
10/09/2024
Listed
$3,150,000
48.24%
MLS
11/15/2022
Sold
$2,125,000
—
Public Record
Get Price Alerts and Save Property
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 for 2355 K St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,481
3%
$2,197,256
3%
2023
$22,841
85%
$2,125,000
86%
2022
$12,357
—
$1,140,801
2%
2021
$12,332
-1%
$1,118,584
1%
2020
$12,434
1%
$1,107,194
3%
2019
$12,252
40%
$1,077,936
31%
2018
$8,723
5%
$825,997
11%
2017
$8,295
-9%
$741,339
-9%
2016
$9,125
21%
$812,199
21%
2015
$7,526
28%
$670,000
28%
2014
$5,897
18%
$525,000
14%
2013
$5,000
—
$459,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Soldavi Inc.

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2355 K Street, Merced, CA 95340 (MLS# 224113767) is a Multi-Family property with 22 units containing 0 bedrooms and 0 full bathrooms. 2355 K Street is currently listed for $2,995,000 and was received on October 09, 2024. Want to learn more about 2355 K Street? Do you have questions about finding other Multi-Family real estate for sale in Merced? You can browse all Merced real estate or contact a Coldwell Banker agent to request more information.

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