
Merced, California 95341
This property presents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $306,319 Fair Market Value by 3%. This valuation gap offers $11,319 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a recent interior refresh and a Generous 6,000 sqft Lot with a Patio, providing significant upside for future expansion. This is a practical, manageable asset ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1700 Union Avenue Subject | $295,000* List Price | 2 | 1 | 1,086 | $282 | - |
A 92 E 12th Sold | $300,000 | 3 | 2 | 1,096 | $274 | 0.9 mi |
B 88 Sweetwater Avenue Sold | $360,000 | 3 | 2 | 1,251 | $288 | 0.9 mi |
C 1675 Rose Avenue Sold | $267,000 | 2 | 1 | 859 | $311 | 0.1 mi |
D 1860 Carol Avenue Active | $340,000 List Price | 3 | 2 | 1,212 | $281 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1949, the property has received a recent interior refresh (likely <5 years) including new luxury vinyl plank flooring, fresh neutral paint, and updated ceiling fans. The home appears move-in ready and well-maintained, though the roof-mounted HVAC and exterior landscaping suggest some remaining original elements.
Priced at $295,000, this property represents an affordable entry point into the California market, making it highly attractive for first-time homebuyers or budget-conscious investors.
The 6,000-square-foot lot provides ample outdoor space for gardening, recreation, or potential future expansions such as an Accessory Dwelling Unit (ADU).
At 1,086 square feet, the home offers a practical and efficient layout that is easy to maintain while providing more space than a typical apartment or condo.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1086, other record living area = 846.
The 2-bedroom, 1-bathroom configuration may be a drawback for growing families and can limit the property's competitive edge against homes with multiple bathrooms.
Built in 1949, the property likely requires updates to its core systems, such as electrical, plumbing, or insulation, to meet modern energy efficiency and safety standards.
Welcome home to this charming and well-maintained 2-bedroom, 1-bath residence that's full of warmth and potential. In addition to the two bedrooms, you'll find a versatile room that can easily be used as a home office, playroom, hobby room, or extra living space to fit your lifestyle. Situated on a generous 6,000 square foot lot, this inviting home offers a functional layout, a spacious backyard perfect for relaxing or entertaining, and a convenient location close to schools, shopping, dining, and Highway 99. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this lovely home is ready to welcome its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,086 | 1,694.749 |
| Lot Size | 6,000 | 6,619.141 |
| Price | $295.0K | $413.1K |
| Price per sq ft | $272 | $254 |
| Built year | 1949 | 2002 |
| HOA | $0 | $108 |
| Days on market | 43 | 66 |
Jul 28, 2026
$295,000
Initial Listing