308 W 20th St, Merced, CA, 95340
About This Home
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.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Roof: Metal,Shingle
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Triplex
Interior
Basement
- Basement: None
Features
- Flooring: Laminate,Tile,Carpet
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 4,356
- Total interior livable area: 4,356 sqft
Property
Details
- Parcel number: 031071005000
- Attached to another structure: Yes
- Special condition: Standard
- Other equipment: None
Lot
- Lot size: 0.31 Acres
- Features: Other,No Yard
Parking
- Parking features: Covered
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Merced County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,826 | $81,912 |
| Home Insurance * | $474 | $5,688 |
| Property Taxes | $753 | $9,036 |
| Electricity | $934 | $11,209 |
| Total | $8,987 | $107,844 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-27 | Price change | $1,350,000 |
| 2026-02-23 | Listing removed | $1,350 |
| 2025-12-18 | Listed for rent | $1,350 |
| 2023-03-08 | Pending sale | $1,200,000 |
| 2022-10-02 | Listed for sale | $1,200,000 |
| 2017-03-09 | Listing removed | $750 |
| 2017-02-23 | Price change | $750 |
| 2017-01-17 | Listed for rent | $650 |
| 2016-01-12 | Listing removed | $650 |
| 2015-12-16 | Listed for rent | $650 |
| 2014-02-16 | Listing removed | $300,000 |
| 2013-12-18 | Listed for sale | $300,000 |
| 2013-11-01 | Listing removed | $300,000 |
| 2013-05-22 | Listed for sale | $300,000 |
| 2013-02-21 | Listing removed | $300,000 |
| 2013-02-01 | Listed for sale | $300,000 |
| 2012-12-13 | Listing removed | $300,000 |
| 2012-06-12 | Listed for sale | $300,000 |
| 2011-07-31 | Listing removed | $350,000 |
| 2011-06-18 | Listed for sale | $350,000 |
View on Zillow