2130 Canal, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
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Merced, California 95340
This 1922 Craftsman represents a High-Potential Investment Opportunity, listed at a List Price of $289,000—positioned well above the $231,554 Fair Market Value by -24%. While the home requires modernization, its Fair Condition Rating and downtown location near the UC Merced campus provide a solid foundation for value-add renovations. Featuring a detached 12x12 workshop and alley access, this property offers rare utility for the area. It is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with significant rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2130 Canal Subject | $289,000* List Price | 2 | 1 | 1,190 | $213 | - |
A 65 W 14th Sold | $242,000 | 2 | 2 | 1,063 | $228 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, the home is well-maintained but dated. The kitchen features older cabinetry and laminate counters likely exceeding 20-30 years in age, and the bathroom shows older fixtures. While the HVAC appears updated and the home is functional, it requires significant cosmetic and system modernization to meet current standards.
The property is ideally situated in downtown Merced, offering excellent walkability to dining, entertainment, public transportation, and the UC Merced downtown campus.
Built in 1922, this home retains its original charm with beautifully crafted hardwood floors, abundant built-ins, and a classic front porch.
The inclusion of a detached 12x12 workshop/storage room and alley access with a private driveway provides rare utility and storage for a downtown lot.
With only one bathroom for a two-bedroom home, the layout may be a drawback for families or those seeking a more modern primary suite configuration.
The 3,500 square foot lot is relatively small, which limits outdoor recreational space and potential for significant future expansions.
Craftsman home in downtown Merced. Convenient to dining, entertainment, public transportation and the UC Merced downtown Campus. Beautifully crafted hardwood floors, abundant built ins, indoor laundry, and a great front porch are just a few of the homes features. There is alley access and a driveway behind the house. As a bonus, There is a detached 12x12 workshop/storage room in backyard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 1,190 | 1,581 | 21% |
| Lot Size | 3,500 | 7,501 | 2% |
| Price | $289.0K | $387.5K | 10% |
| Price per sq ft | $243 | $250 | 42% |
| Built year | 1922 | 1968 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 145 | 3% |
May 12, 2026
$289,000
Initial Listing
Aug 18, 2021
$235,000
Public Record
Nov 29, 2016
$90,500
Public Record