
Merced, California 95348
This Central Merced Residential Asset is listed at $299,000, representing a stable entry point at its $299,000 Fair Market Value. Featuring a 3-bedroom, 2-bathroom configuration and a Condition Rating of 4, the home is functional yet primed for value-add cosmetic updates. Its location steps from the Merced Mall and Olive Avenue dining hub drives consistent rental demand and lifestyle convenience. This property is a prudent choice for Buy-and-Hold Investors or first-time buyers looking to build equity in a high-traffic, central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1375 Loughborough Subject | $299,000* List Price | 3 | 2 | 1,335 | $224 | - |
A 3157 Juneau Court Sold | $329,000 | 3 | 2 | 1,284 | $256 | 0.4 mi |
B 639 W Donna Drive Sold | $367,000 | 3 | 2 | 1,327 | $277 | 0.8 mi |
C 1551 Little Rock Court Sold | $295,000 | 3 | 2 | 1,099 | $268 | 0.2 mi |
D 3440 La Jolla Drive Sold | $344,000 | 3 | 2 | 1,328 | $259 | 0.7 mi |
E 1844 Springfield Court Sold | $355,000 | 3 | 2 | 1,281 | $277 | 1.0 mi |
F 3362 San Jacinto Ct Pending | $319,999 List Price | 3 | 2 | 1,635 | $196 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is functional and well-maintained for rental purposes but shows significant signs of being outdated. The kitchen and bathrooms retain older styles and finishes consistent with its age, and the property lacks recent comprehensive renovations, making it a candidate for cosmetic updates to meet modern standards.
The property boasts an exceptional location within walking distance to the Merced Mall, Target, and major dining hubs on Olive Avenue, offering residents maximum convenience.
With a proven rental history and a desirable 3-bedroom, 2-bathroom configuration, this home represents a turnkey opportunity for investors seeking consistent cash flow.
Priced competitively at $299,000, this residence provides an affordable entry point for first-time homebuyers looking for a single-family home in a high-demand area.
Built in 1977, the property may require capital improvements or cosmetic updates to meet modern energy efficiency standards and contemporary aesthetic preferences.
The home's proximity to major retail centers and busy commercial corridors like Olive Avenue may result in increased ambient noise and local traffic congestion.
LOCATION, LOCATION, LOCATION! Welcome to 1375 Loughborough Dr, a well-situated Merced home offering unbeatable convenience and everyday comfort. Enjoy a lifestyle where everything you need is within reach — just steps from shopping, Starbucks, the Merced Mall, Target, and all the dining and retail options along Olive Avenue. Outdoor lovers will appreciate being close to popular hiking and walking trails, making this property ideal for both convenience and recreation. Whether you’re a first-time buyer or an investor seeking a strong rental opportunity, this home checks all the boxes. With its central location and proven rental history, this property stands out as a smart addition to any portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,335 | 1,721.5 |
| Lot Size | 6,015 | 7,120 |
| Price | $299.0K | $407.4K |
| Price per sq ft | $224 | $253 |
| Built year | 1977 | 2002 |
| HOA | $0 | $108 |
| Days on market | 231 | 62 |
Dec 3, 2025
$299,000
Initial Listing