$570,000
PENDING

Estimated payment $3,262/month

Total Views 1,089
8 Beds
5 Baths
3,909 Sq Ft
$146 Price per Sq Ft

Highlights

  • Neighborhood Views
  • Laundry Room
  • Wood Fence
  • Walk-In Closet
  • Central Heating and Cooling System
  • Carpet

About This Home

Searching for an 8-bed fourplex in Merced under $600,000 with income upside and a move-in opportunity? This centrally located fourplex offers four spacious units, recent upgrades in select units, and strong rental potential near major retail anchors, making it ideal for both owner occupants and investors. Welcome to 3321 Santa Rosa Ct in Merced, a well-positioned fourplex featuring two 2 bedroom 1 bath units and two 2 bedroom 1.5 bath units across 3,909 square feet on a 9,141 square foot lot. Both 2 bed 1.5 bath units have been recently updated with new flooring, fresh interior paint, and upgraded kitchen counters and cabinets, creating immediate appeal for tenants or an owner occupant. One unit is currently vacant, offering the opportunity to achieve approximately $1,400 in rent and an estimated 7% cap rate once filled. Two units are occupied by long-term tenants, providing stable income with future rental upside. The property includes three open parking spaces and four covered carport spaces for tenant convenience. Located near the newly remodeled Marketplace at Merced Mall and Target, residents enjoy easy access to shopping, dining, and daily essentials. This property is well suited for an owner occupant looking to offset housing costs or an investor seeking a value-add opportunity in a North Merced location with consistent rental demand. Call or text for more information or to schedule a private showing.

Listing Agent

Eric Jaurique-Pouncey

BHGRE Everything Real Estate Brokerage Phone: 209-769-3934 License #02154006 Listed on: 04/17/2026

BHGRE Everything Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,141 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 3,909 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 236190007000
  • $335 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • 3 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Maintenance Expense $3,000
  • Professional Management Expense $4,176
  • Trash Expense $2,160
  • Water Sewer Expense $2,160
  • New Taxes Expense $6,250
  • Operating Expense $17,770
  • Gross Income $41,760
  • Net Operating Income $23,990

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

9,141 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4176.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2160.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 236190007000
  • Year Built: 1972
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 145.82
  • Room Type: Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2160.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9141.00
  • Lot Size Acres: 0.2098

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 41760.00
  • Gross Operating Income: 40560.00
  • Gross Scheduled Income: 41760.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9141.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 23990.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 17770.00
  • Rent Control: Yes
  • Total Actual Rent: 41760.00
  • Total Expenses: 17770.00

Tax Info

  • New Taxes Expense: 6250.00
  • TaxOtherAnnualAssessmentAmount: 335.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,123 $296,813 $65,287 $231,526
2024 $3,123 $291,009 $64,007 $227,002
2023 $3,080 $285,319 $62,752 $222,567
2022 $3,039 $279,741 $61,522 $218,219
2021 $3,033 $274,272 $60,316 $213,956
2020 $3,056 $271,469 $59,698 $211,771
2019 $3,011 $266,163 $58,528 $207,635
2018 $2,747 $260,961 $57,381 $203,580
2017 $2,851 $255,860 $56,256 $199,604
2016 $2,695 $240,800 $45,000 $195,800
2015 $2,414 $215,800 $45,000 $170,800
2014 $2,186 $195,800 $35,000 $160,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2026 04/20/26 Pending -- -- --
04/17/2026 04/17/26 For Sale $570,000 -- $146 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC26082981

California Regional Multiple Listing Service (CRMLS)

APN: 236-190-007

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