1950 Union Avenue, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
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Merced, California 95340
This Single Family Residence represents a Strong Value Opportunity, listed at $325,000—positioned well above the $299,331 Fair Market Value. While the property is priced at a premium, its Fair Condition Rating and 6,000 square foot lot offer significant upside through ADU Development Potential. The home features indoor laundry and a gas range, providing a functional foundation for future modernization. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to leverage the Merced Union school district for long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1950 Union Avenue Subject | $325,000* List Price | 2 | 1 | 936 | $320 | - |
A 2319 Wood Sold | $275,000 | 3 | 1 | 910 | $302 | 0.3 mi |
B 2250 Orchard Sold | $320,000 | 2 | 1 | 853 | $375 | 0.4 mi |
C 8 W 25th Street Sold | $283,000 | 2 | 1 | 1,090 | $260 | 0.9 mi |
D 200 E 27th Sold | $320,000 | 2 | 1 | 1,124 | $285 | 0.9 mi |
E 2733 10th Avenue Sold | $322,000 | 3 | 2 | 1,188 | $271 | 0.7 mi |
F 2777 Agnes Way Sold | $360,000 | 3 | 2 | 1,203 | $299 | 0.7 mi |
G 2030 Highland Pending | $289,000 List Price | 2 | 1 | 840 | $344 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is well over 50 years old. While it features recent cosmetic updates like new interior paint and some newer laminate flooring, the overall aesthetic remains dated with original built-in cabinetry and older architectural details. The bathroom vanity appears to be a mid-range update from the last 10-15 years, but the home likely retains older systems consistent with a 'Fair' rating requiring future modernization.
The home features fresh interior paint and a clean, updated presentation, making it an ideal turnkey option for first-time buyers or immediate rental for investors.
The generous 6,000 square foot lot provides ample space for an Accessory Dwelling Unit (ADU), offering significant potential for rental income or multi-generational living.
Despite its compact size, the property includes highly desirable features such as indoor laundry and a gas range, maximizing convenience and utility within the floor plan.
With only 936 square feet and a single bathroom, the property's small footprint may be restrictive for growing families or those requiring more personal space.
Built in 1940, the home's age may necessitate future capital expenditures for updates to major systems like plumbing, electrical, or insulation to meet modern standards.
Welcome to this charming 2-bedroom, 1-bath home offering 936 square feet of comfortable living space. Freshly updated with new interior paint, this home is move-in ready and full of potential. The functional floor plan features a gas range in the kitchen, convenient indoor laundry, and cozy carpeted bedrooms for added comfort. The spacious lot offers the possibility of an ADU (buyer to verify), creating an excellent opportunity for extended living, rental income, or a home office. Whether you’re a first-time buyer, investor, or looking to downsize, this property is one you won’t want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 936 | 1,721.5 |
| Lot Size | 6,000 | 7,120 |
| Price | $325.0K | $407.4K |
| Price per sq ft | $347 | $253 |
| Built year | 1940 | 2002 |
| HOA | $0 | $108 |
| Days on market | 7 | 62 |
Jul 15, 2026
$325,000
Initial Listing
Dec 10, 2008
$75,000
Public Record
Jul 25, 2007
$216,000
Public Record
Apr 14, 2006
$70,500
Public Record