1013 -1017 W Santa Fe Avenue, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
1013 -1017 W Santa Fe Avenue
Merced, California 95340
Property Price
SUMMARY
Analysis of 1013 -1017 W Santa Fe Avenue, Merced, California 95340 is currently available with a list price of $549,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1960, the property has undergone an extensive recent renovation and is in turnkey condition. The interiors feature modern kitchens with new stainless steel appliances, shaker-style cabinetry, and stone countertops. The bathrooms are fully updated with contemporary tile work and vanities. Additional high-quality finishes include new luxury vinyl plank flooring, recessed lighting, updated windows, and fresh paint throughout both units.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
Featuring two fully detached single-family homes on a single parcel, this property is perfectly configured for house hacking, multigenerational living, or generating immediate double rental income.
- Development Upside
With ADU potential already verified by the City of Merced, owners have a clear path to add a third unit, significantly increasing the property's density and long-term valuation.
- Turnkey Condition
Both residences have been updated and are move-in ready, offering functional layouts with private yards and detached garages that minimize immediate renovation costs for new owners.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With a total recorded living area of approximately 726 square feet, the individual units are quite small for two-bedroom configurations, which may limit appeal for tenants or owners with more furniture.
- Vintage Infrastructure
Originally constructed in 1960, the property may require more frequent maintenance of older core systems compared to newer builds, despite the recent cosmetic updates.
About 1013 -1017 W Santa Fe Avenue
Welcome to 1013 & 1017 Santa Fe in Merced, two fully detached single-family homes on one parcel, both 2 bed/1 bath, updated, turnkey, and ideal for seasoned investors, multigenerational living, or house hacking. Each home offers a clean, functional layout plus its own detached garage and private yard, providing true separation and privacy with strong long-term rental appeal. Live in one and rent the other to offset your mortgage, rent both for immediate income, or hold long-term in a growing Merced market near UC Merced and key commuter corridors plus ADU potential has been verified with the City of Merced, creating a clear path for a possible third unit (buyer to verify). Some photos are virtually staged.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 726 | 1,551 | 3% |
| Lot Size | 6,500 | 7,500 | 24% |
| Price | $549.9K | $360.0K | 87% |
| Price per sq ft | $757 | $245 | 99% |
| Built year | 1960 | 1965 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 171 | 2% |
Pricing History
Listed for Sale
Feb 13, 2026
$549,900
Initial Listing