
Merced, California 95340
This Entry-Level Residential Asset is listed at $290,000, representing a stable entry point near its $277,079 Fair Market Value. Featuring a Functional 1,091 Sq Ft Layout and R-1-6 Zoning, the property maintains a Condition Rating of 4 with recent cosmetic updates but requires modernization of its wall-heating and kitchen systems. Located in an established neighborhood within the Merced City School District, the home offers significant Value-Add Potential for those looking to force appreciation. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable foothold in the Merced market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2179 Orchard Subject | $295,000* List Price | 2 | 1 | 1,091 | $272 | - |
A 2319 Wood Sold | $275,000 | 3 | 1 | 910 | $302 | 0.4 mi |
B 65 W 14th Sold | $242,000 | 2 | 2 | 1,063 | $228 | 0.8 mi |
C 2733 10th Avenue Sold | $322,000 | 3 | 2 | 1,188 | $271 | 0.4 mi |
D 1988 Union Avenue Active | $349,000 List Price | 3 | 1 | 1,124 | $310 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the home features recent cosmetic improvements like laminate flooring and fresh paint, but the kitchen and systems are dated. The lack of central HVAC (wall heat only) and older cabinetry require modernization to meet current standards.
Priced competitively at $290,000, this property offers an excellent entry point for first-time homebuyers or investors seeking an accessible asset in the Merced market.
The home is situated in a mature neighborhood with close proximity to local schools, shopping, and dining, ensuring high convenience and long-term rental desirability.
The functional single-story layout and R-1-6 zoning provide a versatile foundation for buyers to add significant equity through personalized renovations and modern upgrades.
The property features wall heating and lacks a central HVAC system, which may necessitate a significant capital investment to ensure comfort during Merced's seasonal temperature extremes.
With only two bedrooms and one bathroom, the home's footprint may be restrictive for growing families or buyers requiring dedicated space for a home office or guests.
Charming single-story home located in an established Merced neighborhood! This 2-bedroom, 1-bath residence offers approximately 1,091 square feet of living space on a 4,792 sq ft lot. Built in 1951, the home features a functional layout with a cozy living area and a practical floor plan ideal for first-time buyers, downsizers, or investors. Interior highlights include wall heating and a simple, efficient design ready for your personal touch. The property sits on an R-1-6 zoned lot, offering potential for customization or future improvements. Conveniently situated near local schools, shopping, and dining, this home provides both comfort and accessibility. A great opportunity to own an affordable piece of Merced with room to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,091 | 1,550.5 | 16% |
| Lot Size | 4,825 | 7,500 | 4% |
| Price | $295.0K | $385.0K | 12% |
| Price per sq ft | $270 | $251 | 65% |
| Built year | 1951 | 1967 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 139 | 2% |
May 29, 2026
$295,000
$290,000
+2% Price Increase
Initial Listing
May 5, 2026
$290,000
Initial Listing
Apr 5, 2001
$74,000
Public Record