
Merced, California 95341
This Turnkey Residential Property represents a High-Potential Investment Opportunity, listed at $425,000—positioned slightly above the $405,454 Fair Market Value. Despite the premium, the property features an Excellent Condition Rating with extensive modern upgrades, including a new guest house, new HVAC, and $50,000 in exterior cement work. The large 9,384 sqft lot provides significant utility, making this an ideal asset for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a move-in ready home with multi-generational living potential.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a comprehensive recent renovation (likely <5 years) including new HVAC and ducting, new electrical boxes, new water heaters, and new flooring. The kitchen and baths feature new counters and fixtures, and the listing includes a new construction guest house, meeting the criteria for mint condition with no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9384, living area = 1099.
The property includes a newly constructed guest house, offering excellent versatility for multi-generational living or potential rental income opportunities.
Significant capital improvements including new central heating, electrical boxes, tankless water heater, and vinyl flooring minimize immediate maintenance needs for the buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The main residence measures approximately 1,100 sqft, which may feel restrictive for families requiring larger common living areas.
Despite extensive renovations, the original 1960 structure may still present layout limitations or character traits typical of older homes compared to modern builds.
Are you looking for a handsome home ? This upgraded south Merced home is 4 bedrooms and 2 baths when you include the possible guest house. The home measures about 1100 sq ft. not including the guest house. The guest house is New Construction. The home includes a New Central heating and ducting, New water heater as well as a new tankless water heater, all new vinyl flooring , new carpet, new stove, new electrical boxes, New fence all around the property, New sprinklers, New sink and kitchen counter, new blinds, and one of the biggest improvements would be the approximate $50,000 of cement work (as per seller) done all around the home including the entry steps , the long driveway, the patio, the floor of the shed, sidewalks, all on this 9,384 ft lot. plus, many more new items. Come see this home for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,099 | 1,694.749 |
| Lot Size | 9,384 | 6,619.141 |
| Price | $425.0K | $413.1K |
| Price per sq ft | $387 | $254 |
| Built year | 1960 | 2002 |
| HOA | $0 | $108 |
| Days on market | 23 | 66 |
Aug 17, 2026
$425,000
Initial Listing
Mar 25, 2025
$235,000
Public Record