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29490852
29490872

1832 Merced St, Madera, CA 93638

CE
CA 02250533
LIHTC Advisors
Listed by LIHTC Advisors
$5,250,000
142 days on market
Updated 13 days ago

Valley Vista Apartments

Details
APN 005-110-032
Property Type Multifamily
Sub Type Apartment Building
Square Footage 81,492
Net Rentable (SqFt) 63,670
Units 60
Occupancy 98%
Pro-Forma NOI $356,117
Class B
Year Built 1998
Buildings 10
Stories 2
Acreage 4.640
Parking Spaces 60 spaces
Parking Per SqFt 0.74

60 Unit LIHTC Property in Madera California

Marketing description

Valley Vista Apartments is located at 1832 Merced Street in the city of Madera, California, within Madera County in the central portion of the state. Madera is a growing community in the San Joaquin Valley, positioned north of Fresno and characterized by diverse residential and employment markets with ongoing demand for affordable housing. The property serves lower-income households in a market with limited affordable rental supply, supporting consistent demand for income-restricted housing. All 60 units at Valley Vista Apartments participate in the Section 42 Low-Income Housing Tax Credit (LIHTC) program, providing long-term income and rent restrictions that support affordability and regulatory stability.

Valley Vista benefits from convenient access to State Route 99, providing regional connectivity to Fresno and surrounding Central Valley employment centers. The local market is characterized by a constrained supply of affordable housing, contributing to long-term occupancy stability and sustained demand for regulated rental units.

Listing Contacts

CE
CA 02250533
LIHTC Advisors
Listed by LIHTC Advisors

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Zoning

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PD(3000) PlannedPlanned Development One Unit For Each 3000 Square Feet
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Last updated Jan 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Cole Evarts
License
02250533
Brokerage
LIHTC Advisors
Brokerage Phone
8058047778
Title
Investment Sales
Brokerage Address
430 East State Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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