$495,000
0.51 acres
37.302474976 -120.478660583
$495,000
Est. Monthly $2,763 with $2,949 in taxes recalculate
0.51 acres
 

1922 Martin Luther King Jr Way
Merced, CA 95340

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Multi-Family (2-4 Units) - IN THE HEART OF DOWN TOWN MERCED, THE FASTEST GROWING CITY IN CALIFORNIA. Gated 7 units all 2/1's. Great area 5 min. to the Newest UC in California, scheduled stop for the future High Speed Rail. This town is growing fast yet still time to get in. Easy access to down town Merced, trains, public transportation, airport, newer state of the art Hospital, Theaters, restaurants, Mall, & much more. Just minutes to fishing, water skiing, hiking and bike trails, Historic Mariposa and Hornitos, an hour to Yosemite National Park. 2 hours to San Francisco.
MLS # MC16750194
Listed By CENTURY 21 M&M and Associates

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Amedee Chabot
Amedee Chabot CENTURY 21 M&M and Associates
2995 R Street
Merced, CA 95348
209.­386.1146
209.­386.1146
CENTURY 21 M&M and Associates
2995 R Street Merced, CA 95348
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Property Features

  • Lot Size: 0.51 Acres
  • Road Type: City / Town Street
  • Style: Spanish/Mediterranean

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $2,763Your estimated monthly payment
    $99,00020% Down Payment
    $495,000 $445,500 $2,949
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    JOHN MUIR ELEMENTARY SCHOOL
    Grades K-6 | Public School

    MERCED, CA 95340
    300 W 26TH ST
    209-385-6667
    0.5
    miles

    Total Students 600
    Student Teacher Ratio 15:1

    School Rating

    2 stars View School Details
    Middle School
    HERBERT HOOVER MIDDLE SCHOOL
    Grades 7-8 | Public School

    MERCED, CA 95340
    800 E 26TH ST
    209-385-6631
    0.8
    miles

    Total Students 611
    Student Teacher Ratio 24:1

    School Rating

    1 star View School Details
    High School
    MERCED HIGH SCHOOL
    Grades 9-12 | Public School

    MERCED, CA 95348
    205 W OLIVE AVE
    209-385-6465
    1.2
    miles

    Total Students 1710
    Student Teacher Ratio 17:1

    School Rating

    3 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Independence High (alternative) School 0.3 mi Public 11-12
    Yosemite High (continuation) School 0.3 mi Public 11-12
    Sequoia High School 0.3 mi Public 9-10
    Merced Adult 0.4 mi Public -
    Harvest Christian School 0.5 mi Private PRESCHOOL-12
    Merced County Rop School 0.6 mi Public 11-12
    Merced County Special Education School 0.6 mi Public PRESCHOOL-12
    Valley Community School 0.6 mi Public 6-12
    Floyd A. Schelby School 0.6 mi Public K-12
    Valley Los Banos Community Day School 0.7 mi Public 7-12
    Valley Atwater Community Day School 0.7 mi Public 9-12
    Don Stowell Elementary School 0.8 mi Public K-6
    John C. Fremont Charter School 0.8 mi Public K-5
    Charles Wright Elementary School 1.0 mi Public K-5
    Tenaya Middle School 1.0 mi Public 6-8
    Our Lady Of Mercy 1.1 mi Catholic PRESCHOOL-8
    Luther Burbank Elementary School 1.2 mi Public PRESCHOOL-5

    Local Area Information for Merced, CA 95340

    Median Age: 33.7
    Married: 34.0%
    Number of Households: 12,198
    Households with Children: 3,795
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
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      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.