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1101 E Santa Fe Ave, Merced, CA 95340

1101 E Santa Fe Ave, Merced, CA 95340

64 total units

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Evergreen Park apartments are located at the intersection of East Santa Fe and Glen, conveniently located on a bus route, walking distance to multiple schools, and ten minutes to the UC Merced Campus (~20% of tenants are students). The property is functionally full, with a a couple of move in and move outs each month. and rents are now moving up. The rent on a new studio rental has increased from $ 375 to $ 475, and on the one bedroom from $ 475 to $ 595. There are eight buildings, each with the same configuration. Unit #1 is 1 large 1 bedroom, units 2-3-4 are downstairs studios, unit units 6-7-8 are upstairs studios, unit #5 is a downstairs studio with no unit above, a laundry room and a storage unit. In general, two building face each other with enclosed courtyards. There is a built in fenced pool for the tenants use. The office is located in the 1121 building. The complex has a payment kiosk, that allows tenants to pay rent 24 hours a day via debit/credit cards, checks or money orders. Gross Rent Multiplier of 9.0. The complex is listed significantly below replacement cost. The cost of a building permit / entitlement fees is roughly the same amount as the $46, 0000 per unit list price.


  • Built in 1980
  • 2 Stories
  • Style: Unknown
  • Merced County
No Unit Information Available


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MLS ID# MC16091251

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Photo Heidi Johnson
(877) 565-2010

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Photo Heidi Johnson
(877) 565-2010

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MLS#: MC16091251
Listing Office: Yandow Realty Group
Listing Agent: Mark Yandow
Last Updated: 08/22/2016 1:08pm
Information obtained from Merced County Ca MLS.
Based on information from California Regional Multiple Listing Service, Inc. as of 08/22/2016 1:08pm. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Information provided by seller/other sources, not verified by broker.
All interested persons should independently verify accuracy of all information.
Property Views: 25
Days on Market: 218

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