
Merced, California 95340
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $278,291 Fair Market Value (priced at market). Featuring a Fair Condition Rating, this 1940s bungalow offers significant upside through modernization of its vintage systems and finishes. The oversized lot provides rare expansion potential for an ADU or workshop, maximizing the property's footprint. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term value through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2033 Highland Subject | $264,900* List Price | 2 | 1 | 898 | $303 | - |
A 1950 Union Avenue Sold | $310,000 | 2 | 1 | 936 | $331 | 0.1 mi |
B 2030 Highland Sold | $292,000 | 2 | 1 | 840 | $348 | 0.0 mi |
C 2250 Orchard Sold | $320,000 | 2 | 1 | 853 | $375 | 0.5 mi |
D 2319 Wood Sold | $275,000 | 3 | 1 | 910 | $302 | 0.2 mi |
E 2179 Orchard Sold | $280,000 | 2 | 1 | 1,091 | $257 | 0.5 mi |
F 8 W 25th Street Sold | $283,000 | 2 | 1 | 1,090 | $260 | 1.0 mi |
G 1888 Orchard Sold | $250,000 | 2 | 1 | 1,201 | $208 | 0.4 mi |
H 2720 Glen Avenue Sold | $314,000 | 3 | 2 | 1,195 | $263 | 0.6 mi |
I 2035 Highland Active | $287,750 List Price | 2 | 1 | 900 | $320 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property retains much of its original vintage character with updates that appear to be over 20-30 years old. The bathroom features dated laminate vanities and older tile work, while the utility room and kitchen finishes show significant age. While functional and move-in ready, the home requires modernization of its primary systems, kitchen, and baths to meet contemporary standards.
This 1940s bungalow-style cottage is rich in character, featuring a cozy fireplace insert, a nostalgic built-in ironing board, and abundant natural light that enhances its historic appeal.
Situated on a hard-to-find oversized lot, the property offers significant versatility for gardening, outdoor entertaining, or potential expansion such as an ADU or workshop.
The home maximizes its footprint with an open floor plan, built-in closet organization systems, and a bathroom featuring double sinks and a separate soaking tub.
With only 898 square feet of living area and a 2-bedroom, 1-bathroom configuration, the property may be too small for growing families or those requiring a home office.
Given its 1940 construction and 'potential to make it your own' description, the home likely requires updates to systems or finishes to meet contemporary standards.
1940s bungalow-style cottage offering an excellent opportunity for investors, renovators, or buyers seeking a value-add project. The property features a functional layout with an open living and dining area, fireplace with insert, abundant windows, and strong natural light. A covered front porch and established neighborhood setting add to the property’s appeal. The kitchen includes a large window overlooking the backyard and direct access to the outdoor space. Adjacent to the kitchen is a utility room with a deep sink and built-in ironing board. Both bedrooms offer built-in closet organization systems. The bathroom includes double sinks, a separate shower, and a separate soaking tub. With its vintage character, practical floor plan, and renovation potential, this property presents an opportunity to update, improve, and add value. Buyer to verify all information, condition, and renovation possibilities.
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 | 898 | 1,694.749 |
| Lot Size | 5,508 | 6,619.141 |
| Price | $264.9K | $413.1K |
| Price per sq ft | $295 | $254 |
| Built year | 1940 | 2002 |
| HOA | $0 | $108 |
| Days on market | 30 | 66 |
Sep 2, 2026
$264,900
$274,900
-4% Price Drop
Initial Listing
Aug 25, 2026
$274,900
$279,000
-1% Price Drop
Initial Listing
Aug 10, 2026
$279,000
Initial Listing