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Closed
- Listed price
- $350,000
- Listed Sep 6, 2014
- Sold price
- $335,000
- Sold Mar 3, 2015
02005 Built|70 MLS days on market
1129 W OLIVE Ave, Merced, CA 95348
Property Description
Great investment opportunity! Laundromat for sale in high traffic area, great location in Food 4 Less shopping center, built from scratch only 8 years ago. This one wont last, hard to find business. Business has potential call now. Coin Operated Laundromat for sale in Merced County. Priced at $350K. This is a great absentee Business for someone looking for an additional income in the Central Valley, not to many businesses for sale here, especially laundromats. Average gross is roughly $18k/Month, and average monthly net is $6360. Current owners are motivated to sell, both work full time and have other jobs. Business is located in a very busy shopping center with major anchors: Ross, Food 4 Less, 99 Cents store, in addition to other stores. Located on the corner of Olive and R Street right across from Merced Mall. Shopping Center sits adjacent to a huge apartment community which is ideal for this business. They started the business from Scratch about 8 years ago, Dexter machines, business has lots of potential. Current owners do not spend much time in business. Can generate more revenue from candy and detergent machines. Current owners are not on top of the small extras.
Listing agent: Salim FarhaDRE #01485855salim4realtor@yahoo.com, Listing office: Realty Executives Of Merced
MLS data updated 10/29/2026, 6:13:40 AM PT
Source: CRMLSMLS #: MC14195482
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$335,000
Mar 3, 2015
Available records22014–2015
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 95348 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 95348 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.