
Merced, California 95340
Analysis of 1862 Dunn, Merced, California 95340 is currently available with a list price of $650,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1940 and described as a 'diamond in the rough,' this property requires substantial rehabilitation. The interior features highly outdated kitchen and bathroom fixtures, worn carpets, and aged wood paneling. The listing explicitly states the home is in need of repairs and significant capital investment to address deferred maintenance and aged infrastructure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57064, living area = 2394.
Situated less than half a mile from UC Merced, this property offers exceptional potential for student housing, faculty residences, or university-related rentals.
The property sits on a 1.3-acre subdivided parcel with panoramic views and proximity to additional buildable lots, offering significant upside for investors and developers.
Described as a 'diamond in the rough,' the home requires substantial renovation and capital investment to address existing deferred maintenance and repairs.
Built in 1940, the property likely features original systems that may require costly modernizations to meet current building codes and buyer expectations.
A diamond in the rough. This is a rare opportunity to own a home in the country. A fully subdivided home on a 1.3 acre parcel located less than 1/2 mile from UC Merced. This spacious 7 bedroom 3 bathroom home has 2.394 of living space on a 57.064 acre lot. This home is in need of repairs. There is also two 1 acre parcels fully subdivided to the rear of the property ready to build. They can be found in the land for sale listing . The seller is ready to work with the buyer who has a vision for the future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 2,394 | 1,576 | 88% |
| Lot Size | 57,064 | 7,500 | 98% |
| Price | $650.0K | $381.0K | 95% |
| Price per sq ft | $272 | $246 | 73% |
| Built year | 1940 | 1964 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 161 | 37% |
Jan 1, 2026
$650,000
Initial Listing
May 31, 2018
$240,000
Public Record
Nov 28, 2012
$240,000
Public Record
Apr 6, 2009
$240,000
Public Record
Aug 5, 2005
$850,000
Public Record