Millman Team Real Estate

$1,350,000
0.31 Acre Lot

308 W 20th St, Merced, California 95340

  • Residential Income Property Type
  • Covered Cars Garage
  • 1966 Year Built
Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! Two adjacent parcels—308, 310, 312 W. 20th St. and 1927, 1935, 1943 Martin Luther King Jr. Way—are being offered together, featuring a total of six units. This multi-family asset is located in a rapidly developing area within walking distance of revitalized Downtown Merced. It also offers convenient access to Merced College and University of California, Merced, as well as nearby public transportation, major freeways, and the planned high-speed rail station—making it highly attractive for tenants.The property consists of six 2-bedroom, 1-bathroom units, all currently tenant-occupied. Major upgrade already done! Roof is under 6 years old. One unit has been fully renovated, featuring fresh paint, new flooring, and a completely updated kitchen and bathroom. The property offers four covered parking spaces, along with ample street parking for tenants and guests. Both buildings sit on the same site under two separate parcel numbers, presenting flexibility and added value. This is an excellent candidate for a 1031 exchange. Don’t miss the chance to secure an income-generating property in one of Merced’s most promising growth areas. This is an opportunity you won’t want to overlook.

Basic Details
Residential Income
For Sale
41128774
$1,350,000
1966
0.31 Acre
Active
Triplex
: Metal
Features
: Wall Furnace
: Wall/Window Unit(s)
: Covered
: Carpet, Laminate, Tile
: Public Sewer
$0
Address Map
CA
Merced
Merced
Other
95340
20Th St
308
W121° 31' 15.2''
N37° 18' 11.4''
Corner of W 20th Street & Martin Luther King Jr Wy Cross Street: MLK Jr Way.
W
Additional Information
$0
$0
$0
$0
$0
: Stucco
6
2026-03-27
1350000
Broker/Agent Information
Kal Real Estate Group
Jesse Kalsi
Listing Information
CCBE-206516312
CCBE-SJSK01
Cash, Conventional
Active
2026-04-03T08:34:17Z
CRMLS
2026-04-02T17:00:00Z
Agent info
Ray Millman
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