1445 Brookdale, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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Merced, California 95340
This Value-Add Residential Asset presents a Prime Investment Opportunity with a List Price of $310,000—positioned well below the $316,996 Fair Market Value by 2%. This valuation gap provides $6,996 in Instant Equity. Holding a Condition Rating of 4, the home requires cosmetic modernization but offers a versatile floor plan with two separate living areas. Its location in NE Merced near Chenoweth Elementary and Rahilly Park, combined with a large 8,720 sqft lot, ensures long-term desirability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1445 Brookdale Subject | $310,000* List Price | 3 | 2 | 1,389 | $228 | - |
A 2257 E Olive Sold | $320,000 | 3 | 2 | 1,460 | $219 | 0.6 mi |
B 3202 Dublin Avenue Sold | $350,000 | 3 | 2 | 1,389 | $252 | 0.1 mi |
C 280 E Olive Sold | $282,000 | 3 | 2 | 1,338 | $211 | 0.7 mi |
D 2149 Brookdale Dr Sold | $365,000 | 3 | 2 | 1,483 | $246 | 0.5 mi |
E 3303 Sutter Sold | $373,800 | 4 | 2 | 1,381 | $271 | 0.7 mi |
F 3205 N Parsons Active | $330,000 List Price | 3 | 2 | 1,408 | $234 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the home is largely in original or dated condition. The kitchen features older white appliances, electric coil burners, and tiled countertops with wide grout lines. Bathrooms show dated vanities, medicine cabinets, and fixtures. The presence of popcorn ceilings, older carpeting, and the listing's 'No FHA' disclaimer suggest the property requires cosmetic updates and potentially minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8720, living area = 1389.
Situated in a highly desirable NE Merced neighborhood, the property offers excellent proximity to Rahilly Park, local bike paths, and Chenoweth Elementary School.
The floor plan features two separate living areas, providing rare functional flexibility for a home of this size, ideal for multi-generational living or entertaining.
The explicit exclusion of FHA financing restricts the potential buyer pool, requiring conventional loans or cash offers which may limit market competition.
The property requires 'freshening up' and likely reflects its 1967 vintage, indicating a need for immediate capital investment in repairs or aesthetic upgrades.
FANTASTIC OPPORTUNITY in a WONDERFUL NEIGHBORHOOD! This 3 bedroom, 2 bath home features 2 separate living areas in one of the most desirable areas in NE Merced. With some freshening up this will be the perfect home for someone. It's close to the bike path, Rahilly Park and Chenoweth Elementary. I'm sorry, NO FHA on this one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,389 | 1,568 | 34% |
| Lot Size | 8,720 | 7,500 | 68% |
| Price | $310.0K | $375.0K | 14% |
| Price per sq ft | $223 | $246 | 32% |
| Built year | 1967 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 162 | 2% |
Apr 7, 2026
$310,000
Initial Listing