2355 K St Merced, CA 95340

$2,995,000
0.5 acres
Condo

Property details

About 2355 K St

Welcome to “The Palms,” home to the UC Merced Bobcats. This completely renovated 22-Unit apartment complex is in the heart of Merced. Built in 1960 with a stable tenant profile, situated on a 20,000+ Sq. Ft. lot. With a mix of 18 Studio units and 4 one bedroom units, each residence has been recently upgraded with vinyl flooring, new kitchen cabinets, beautiful countertops, and sleek new bathrooms. The Palms property has two buildings with studios of 411 living square footage, and 1-bedrooms with 565 of living square footage. This apartment has an on-site laundry facility, new 30-year composition roof, all new iron gate fencing & enclosed private gate parking for all residents.

Highlights

Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.5165 Acres
Year built1960
ParkingPrivate, Unassigned
MLS #MC24209964
ViewNeighborhood

Summary

  • MLS Number: MC24209964
  • MLS Name: CRMLS
  • Office Name: Soldavi Inc.
  • Office Phone: (209) 777-9955
  • Listing Agent: Armando Diaz

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 9:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view

$2,995,000

2355 K St

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Price information

Property sales

DateEventPrice
Dec 30, 2022
Home Sold
$2,125,000
Jan 16, 2018
Home Sold
$865,000
Jun 30, 2015
Home Sold
$800,000
Jul 11, 2002
Home Sold
$645,000
Jun 19, 1998
Home Sold
$84,000

Tax history

YearAssessmentProperty Tax
2024$2,197,256$23,480
2023$2,125,000$22,840
2022$1,140,801$12,356
2021$1,118,584$12,331
2020$1,099,494$12,433
2019$1,077,936$8,723
2018$825,997$8,723
2017$741,339$8,295

History based on county public records data.

Nearby schools

4

John Muir Elementary School

Public District KG-6

0.2 mi

300 W 26th St

4

John C. Fremont Elementary School

Public District KG-6

0.7 mi

2150 S St

5

Luther Burbank Elementary School

Public District KG-6

1.0 mi

609 E Alexander Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,135. The most common annual income of people living in Merced, CA is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

58%
<35k
41%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

46%
Single, No Kids
26%
Single, with Kids
14%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
30%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 2355 K St

This home is located at 2355 K St in Merced, CA and zip code 95340. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $2,995,000.

In January 2025 more than 10 listings in Merced, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 24 were sold below. The number of homes for sale in Merced, CA decreased by 1.7% between December and January 2025. The median list price of listings available in January 2025 was $400,000, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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