2045 O Street, Merced, California 95340, Merced, 95340 - 4 bed, 2 bath
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2045 O Street
Merced, California 95340
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,419Sq Ft
5,750Lot Size
Property Price
LIST PRICE$345,000
EST. MARKET VALUE
$349,060
SUMMARY
This 1910 residence represents a High-Potential Investment Opportunity, listed at a List Price of $345,000—positioned well below the $349,061 Fair Market Value by 1%. This valuation gap offers $4,061 in Instant Equity. Featuring a Condition Rating of 4, the property requires modernization to reach its full potential. Its versatile four-bedroom layout and prime location near Courthouse Park provide a solid foundation for value-add renovations. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a project with historical character.
Estimated Market Value
$349,060
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2045 O Street Subject 4 bd · 2 ba · 1,419 sqft · $246 | $345,000* List Price | 4 | 2 | 1,419 | $246 | - |
A 1054 W 24th Sold 3 bd · 1 ba · 1,264 sqft · $225 · 0.3 mi | $285,000 | 3 | 1 | 1,264 | $225 | 0.3 mi |
B 2130 Canal Sold 2 bd · 1 ba · 1,190 sqft · $234 · 0.3 mi | $279,000 | 2 | 1 | 1,190 | $234 | 0.3 mi |
C 1127 W 23rd Sold 2 bd · 1 ba · 1,263 sqft · $230 · 0.3 mi | $290,000 | 2 | 1 | 1,263 | $230 | 0.3 mi |
D 420 W 19th Street Active 2 bd · 2 ba · 1,489 sqft · $212 · 0.4 mi | $315,000 List Price | 2 | 2 | 1,489 | $212 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1910, this home features a dated kitchen with oak cabinetry and laminate counters likely from a 20+ year old renovation. While it has fresh paint and carpet, the enclosed porch shows signs of age, and the overall systems and aesthetic require modernization and minor repairs to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Historical Character & Curb Appeal
Built in 1910, this home offers timeless vintage charm with a classic covered front porch and a desirable corner lot position near Courthouse Park.
- Versatile Living Space
The floor plan provides excellent flexibility with four bedrooms, a bonus room, and separate living and family rooms, accommodating diverse family needs or home office setups.
- Prime Central Location
Situated within walking distance to downtown Merced's shopping, dining, and parks, the property benefits from high walkability and proximity to local amenities.
CONSRISKS & DEFICIENCIES
- Deferred Modernization
Given its 1910 construction and the suggestion to 'add personal touches,' the property likely requires significant updates to systems and finishes to meet contemporary standards.
- Compact Room Proportions
At 1,419 square feet for a four-bedroom layout plus multiple living areas, individual room sizes may feel small or cramped compared to modern residential designs.
About 2045 O Street
Step into the charm and character of this classic home, built in 1910 and situated on a desirable corner lot near the courthouse park. Offering four bedrooms with a versatile layout featuring two bedrooms downstairs and two upstairs, plus an additional upstairs bonus room with plenty of possibilities. The spacious floor plan includes both a living and family room, along with a formal dining area ideal for gathering and entertaining. Enjoy relaxing on the welcoming covered front sitting porch, while the enclosed and secured back porch provides additional functionality and includes indoor laundry hookups. With its vintage charm, generous layout, and location close to downtown shopping, dining, parks, and other amenities, this home offers a wonderful opportunity to add your own personal touches while preserving the character of a historical 1910 residence.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 5,750 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,419 | 1,698.064 |
| Lot Size | 5,750 | 6,572.897 |
| Price | $345.0K | $415.4K |
| Price per sq ft | $243 | $253 |
| Built year | 1910 | 2002 |
| HOA | $0 | $108 |
| Days on market | 16 | 68 |
Pricing History
Listed for Sale
Oct 8, 2026
$345,000
Initial Listing
Sold
Feb 4, 2022
$910,000
Public Record
Sold
Mar 3, 2006
$741,500
Public Record