SOLD 02/29/2024
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Commercial sold for $650,000 in 17 days
70 E 12th St Merced, CA, 95341
Off the market Other
Don't miss this great investment opportunity! A 5 plex with all newly remodeled units situated in Merced, this 5-plex is strategically located for convenience. Residents can benefit from easy access to local amenities, services, and transportation options, enhancing the overall appeal of this property. The remodeled units are not just aesthetically pleasing but also designed with functionality in mind. The layout of each unit maximizes space and provides a comfortable environment for daily living.
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Property details
3,200 sqft interior area
Land area
7,504 sqft (0.17 acres)
Address
70 E 12th St, Merced, CA, 95341
City of California
Merced
County
Merced
Year Built
1976
District
Listing
Nearby major retailers
Costco
Lowe's
Walmart
Wholesale: 1
Do it yourself: 1
Supermarket: 1
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Listed by
Mohammad Jawad, Keller Williams Property Team
Name
Mohammad Jawad
License number
02043712
Brokerage company
Keller Williams Property Team
MLS #
CRMC24031126
Buyer agent
Name
Ramiro Tapia Lll
Brokerage company
Exit Realty Consultants, Modesto #2
Payment calculator
Calculate your monthly payments
Mortgage
$1,996
Taxes
$0
HOA dues
$0
Mortgage
$130,000 / 20%
2.28%
30 years
Your amount
$1,996 / month
Lot details
TMK #035032005000
Lot Description
Other
Parcel nr.
035032005000
95341 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95341
52%
Families with children
National average: 39%
27%
Non family households
103,060
Population
$66,228
Average Income
Age & gender
Median age 29 years
More info
Commute types
86% commute by car
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Education level
23% have high school education
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Number of employees
9% work in education and healthcare
More info
Vehicles available
33% have 2 vehicle
More info
Vehicles by gender
33% have 2 vehicle
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Housing market insights for
$357.78k
Neighborhood average
sales price*
sales price*
$357.17k
Neighborhood median
sales price*
sales price*
225
Number
of sales*
of sales*
Housing type
73% are single detacheds
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Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
63% have 2 or 3 bedrooms
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Owners vs Renters
53% are renters
More info
6.33 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Feb 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 29, 2024 | Sold | $650,000 | 0 | Public Record |
| Feb 29, 2024 | Price Increase | $650,000 +0.02% | 0 | MLS #CRMC24031126 |
| Feb 22, 2024 | Pending | $649,900 | 0 | MLS #CRMC24031126 |
| Feb 13, 2024 | New Listing | $649,900 | 0 | MLS #CRMC24031126 |
Taxes of 70 E 12th St, Merced, CA, 95341
R-3- zoning / MLS #CRMC24031126
Zoning
R-3-
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Frequently Asked Questions about 70 E 12th St
What is 70 E 12th St?
70 E 12th St is a Commercial/Industrial propertywith 3,200 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
70 E 12th St, Merced, CA, 95341.
What comparable properties are nearby?
Comparable nearby commercial properties include 3199 M St, 137 Heron Way, 2000 Jetlift Dr, 3291 Giannini Rd, 808 Iowa Ave, 1400 W Glenwood Ave.
Based on information from the bridgeMLS as of 05-13-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Feb 29, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Merced Food Center, 0.33 miles away and Save More Market, 0.68 miles away.
The 95341 zip area has a population of 103,060, and 52% of the families have children. The median age is 29.99 years and 86% commute by car. The most popular housing type is "single detached" and 53% is renter.
