2035 Highland, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
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Merced, California 95340
This property presents a High-Potential Investment Opportunity with a List Price of $287,750—positioned well above the $281,143 Fair Market Value by 2%. While the property lacks immediate equity, its Fair Condition Rating and 1940s vintage infrastructure provide a clear path for value-add renovations. The 5,508 sqft lot and detached garage offer significant utility for workspace or storage expansion. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing modern system upgrades to increase long-term marketability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2035 Highland Subject | $287,750* List Price | 2 | 1 | 900 | $312 | - |
A 2319 Wood Sold | $275,000 | 3 | 1 | 910 | $302 | 0.2 mi |
B 2250 Orchard Sold | $320,000 | 2 | 1 | 853 | $375 | 0.4 mi |
C 200 E 27th Sold | $320,000 | 2 | 1 | 1,124 | $285 | 0.9 mi |
D 2030 Highland Active | $289,000 List Price | 2 | 1 | 840 | $344 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this 84-year-old bungalow is dated and lacks modern central HVAC, as evidenced by the wall-mounted AC unit. While the exterior appears maintained, the age of the structure and visible wear on the patio concrete suggest that systems and interiors likely require updates and minor repairs to meet modern standards.
Priced competitively under $300,000, this property offers an accessible entry point for first-time homebuyers or investors seeking a high-potential asset in the California market.
The inclusion of a detached garage paired with a generous 5,508 sqft lot provides significant value for storage, workspace, and versatile outdoor living or gardening possibilities.
The home is ideally situated near essential amenities including schools, parks, and shopping, offering the convenience of a central location with easy access to commuter routes.
At just 900 square feet with a 2-bedroom, 1-bathroom configuration, the interior living space may be too restrictive for growing families or those requiring a home office.
Built in 1940, the property likely requires updates to its core systems and finishes to meet modern energy efficiency standards and contemporary aesthetic preferences.
Welcome to this charming bungalow nestled in desirable South Merced! Bursting with character and charm, this cozy home offers a warm and inviting atmosphere with comfortable living spaces. The property features a detached garage, providing additional storage or workspace Situated on a spacious lot, the backyard offers endless possibilities for gardening, entertaining, or creating your own outdoor retreat. Conveniently located near schools, parks, shopping, and commuter routes, this home combines classic charm with everyday convenience. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this adorable South Merced bungalow is ready to welcome you home.
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 | 900 | 1,721.5 |
| Lot Size | 5,508 | 7,120 |
| Price | $287.8K | $407.4K |
| Price per sq ft | $320 | $253 |
| Built year | 1940 | 2002 |
| HOA | $0 | $108 |
| Days on market | 28 | 62 |
Jun 24, 2026
$287,750
Initial Listing
Sep 30, 1994
$62,000
Public Record