
Merced, California 95340
Analysis of 1456 Cameron 1-4, Merced, California 95340 is currently available with a list price of $895,500. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1950, this multi-unit property is functional but dated. The kitchen features older painted cabinetry, basic tile flooring, and laminate countertops that suggest a renovation older than 15 years. While the units are income-producing and appear maintained, the age of the structures and basic interior finishes indicate a need for modernization and potential system updates.
Situated on a massive 1.4-acre lot with a substantial portion of open ground at the rear, this property offers a rare opportunity for further residential expansion or development in a desirable R-1-10 zone.
The property features four distinct residential units, including a main house, a duplex, and a separate cottage, providing immediate cash flow and reducing vacancy risk for savvy investors.
The site offers a unique 'country feel' while maintaining city convenience, located just moments from Bear Creek and within walking distance of Ada Givens Elementary School.
With the original structures dating back to 1950, the property likely requires ongoing maintenance and capital improvements to modernize systems and maintain tenant appeal.
The individual units are relatively small, with some as compact as 440 square feet, which may limit the rental upside and appeal for tenants seeking more spacious living accommodations.
Enjoy the best of both worlds with this unique income-producing R-1-10 property offering a peaceful country feel while remaining conveniently located within the city, just moments from Bear Creek and Ada Givens Elementary School. Situated on approximately 1.4 acres, the property features four residential units with additional open land offering development opportunity. The main residence offers approximately 980 square feet with 3 bedrooms and 1 bathroom, highlighted by a spacious fenced front yard, raised foundation, and a cozy fireplace. Tucked behind the main home is a duplex consisting of a 1-bedroom, 1-bath unit of approximately 478 square feet and a 2-bedroom, 1-bath unit of approximately 522 square feet. A detached storage building with laundry hookups currently serves as a shared laundry facility for the property. Completing the property is a separate 1-bedroom, 1-bath home of approximately 440 square feet. All four structures are positioned toward the front of the parcel, leaving a substantial portion of the rear acreage as open ground. Whether you're looking to expand your investment portfolio, explore future possibilities, or enjoy the flexibility of multiple income-producing units on a large lot, this property presents a rare opportunity in a desirable Merced location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,420 | - |
| Lot Size | 60,984 | - |
| Price | $895.5K | $488.5K |
| Price per sq ft | $370 | $199 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 23 | 37 |
Jul 11, 2026
$895,500
$995,000
-10% Price Drop
Initial Listing
Jul 1, 2026
$995,000
$950,000
+5% Price Increase
Initial Listing
Jun 29, 2026
$950,000
Initial Listing
Apr 13, 2017
$260,000
Public Record