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6848 Walnut Avenue

Winton, CA 95388
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33 residential units configured as 15 duplexes, one triplex and one single-family home. All units are 2-bedroom / 1-bath residences with approximately +/- 830 SF per unit. Approximately +/- 26,000 SF of total building area, per owner-provided information. Approximately 99% leased, providing a highly stabilized occupancy profile. Going-in cap rate of 6.44% with current NOI of $218,512. Winton location provides access to Atwater, Merced, State Route 99, and the broader Merced County employment base. County approved four additional units on the parcel UC Merced continues to expand its academic and residential footprint with a 200,000+ SF Medical Education Building, a 36,000 SF classroom building, a new student union and 488-bed Promise Housing. The campus is approximately 15.5 miles f rom the property. Continued university and regional growth may support long-term housing demand and transportation activity across Merced County.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,395,000

AD Id : 91512166

MLS Id : 226120667

Living Area Size : 26,000 Sq. Ft

Year Built : 1963

County : Merced

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer, Other
  • Flooring Information

    Carpet, Other
  • Interior Features

    Laundry Features: Other
  • Heating & Cooling

    Heating: Hot Water, Other Cooling: Other WaterSource: Public

  • Building Information

    Year Built: 1963 Stories: 1 Construction Materials: Frame, Wood Foundation Details: Slab
  • Exterior Features

    Foundation Details: Slab
  • Laundry Features

    Other

  • Lot Information

    Lot Description: Other Lot Square Feet: 77,537 Stories: 1 Main Square Feet: 26,000

    Property Information

    Property Type: Residential Income Sub Type: 5 or More Units SQ ft (Living Area): 26,000 Construction Materials: Frame,Wood Property Age: 63 Cross Street: N Winton Way Source Neighborhood: 20404 Postal Code Plus 4: 8021 Area: Winton S: 95388 Zoning: R-3 Structure Type: Apartments

    Farm Info

    Irrigation Source: Other

  • Listing Price Information

    Listing Id: 226120667 List Price: $3,395,000 List Price Tot SqFt: $131

  • Tax Information

    Parcel Number: 146-141-012

  • Parking Information

    Street, Other

  • Elementary School District: Merced City
    Junior High School District: Merced City
    Senior High School District: Merced Union High
  • Utility Information

    Sewer Connected, Electric
  • Location Information

    Direction: GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Myrtle Avenue, Winton, CA, 95388 $250,000 2 1 988 --
Eden Avenue, Winton, CA, 95388 $407,500 4 2 1,705 8,067.31 Sq. Ft
W Petrel Court, Winton, CA, 95388 $418,999 3 2 1,416 6,385.90 Sq. Ft
Walnut Avenue, Winton, CA, 95388 $329,999 3 2 1,036 --
Pine, Winton, CA, 95388 $365,500 3 2 1,480 --
Eden Avenue, Winton, CA, 95388 $394,900 4 2 1,705 --
Angel Drive, Winton, CA, 95388 $598,999 4 3 2,496 --
9360 Shaffer Road, Winton, CA, 95388 $1,595,000 6 2 1,170 --
Meadow Drive, Winton, CA, 95388 $1,200,000 4 3 2,592 --
Samrath Court, Winton, CA, 95388 $944,000 4 3 3,665 --

ByOwner last updated this listing 10/10/2026 @ 18:15

MLS: 226120667 LISTED BY: Nina Kovalyov, Capitol Commercial Real Estate and Business Sales SOURCE: MLS Metrolist

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