2038 H, Merced, California 95340, Merced, 95340 - 2 bed, 2 bath
2038 H
Merced, California 95340
Property Price
SUMMARY
Analysis of 2038 H, Merced, California 95340 reveals a Prime Investment Opportunity with a current list price of $389,900—significantly undercutting the $428,804 Fair Market Value by 9%. This valuation gap indicates a +$38,904 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2038 H Subject | $389,900* List Price | 2 | 2 | 1,925 | $223 | - |
A 641 E 19th Street Sold | $310,500 | 2 | 1 | 1,532 | $203 | 0.6 mi |
B 2660 6th Ave. Sold | $325,000 | 3 | 2 | 1,510 | $215 | 0.6 mi |
C 2550 5th Avenue Sold | $350,000 | 3 | 2 | 1,584 | $221 | 0.5 mi |
D 112 W 23rd Active | $369,000 List Price | 3 | 2 | 1,473 | $251 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite its 1939 construction, the property is in move-in ready condition with significant updates. The kitchen has been modernized with stainless steel appliances and stone countertops, and the bathrooms feature updated vanities and tile work. The interior showcases well-maintained hardwood floors and fresh paint, indicating consistent upkeep and renovations likely within the last 5 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
With 1,925 sq ft of living area, the home features a large bonus room that can easily function as a third bedroom, home office, or den, offering flexibility for various lifestyle needs.
- Prime Commuter Location
Ideally situated near downtown Merced with immediate access to Highway 99, the property provides excellent connectivity for professionals and easy access to local amenities.
- Enhanced Storage and Parking
The inclusion of a detached two-car garage plus a separate attached storage area offers significant utility and organization space rarely found in homes of this era.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Constructed in 1939, the property may require modernization of its electrical, plumbing, or HVAC systems to meet contemporary efficiency and safety standards.
- Limited Official Bedroom Count
Despite the generous square footage, the official two-bedroom configuration may limit market appeal for larger families compared to more traditional three-bedroom layouts.
About 2038 H
Charming home ideally located near downtown Merced with quick and easy access to Highway 99. This spacious 1,925 sq ft residence offers 2 bedrooms and 2 bathrooms, plus a large room that could easily serve as a THIRD bedroom, home office or den. The home has a beautiful yard that’s perfect for entertaining, relaxing, or gardening. Classic character blends seamlessly with everyday functionality. It has a 2 car detached garage with an attached separate additional storage area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,925 | 1,566 | 72% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $389.9K | $360.0K | 60% |
| Price per sq ft | $203 | $244 | 21% |
| Built year | 1939 | 1965 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 171 | 1% |
Pricing History
Listed for Sale
Feb 14, 2026
$389,900
Initial Listing
Sold
Oct 31, 2011
$71,500
Public Record