24 W 26th Street, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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Merced, California 95340
This property presents a High-Potential Investment Opportunity with a List Price of $389,000—positioned well above the $342,917 Fair Market Value by 13%. Featuring a Mint Condition Rating due to extensive electrical and plumbing upgrades, this turnkey asset generates $2,750 in monthly income via a dual-unit configuration. The 7,500-square-foot lot provides significant utility, while separately metered units ensure low overhead. This is a stable, cash-flowing asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 W 26th Street Subject | $379,000* List Price | 3 | 2 | 924 | $368 | - |
A 1111 Barney Sold | $305,000 | 3 | 1 | 1,006 | $303 | 0.9 mi |
B 2971 Chestnut Ave Sold | $325,000 | 2 | 1 | 1,120 | $290 | 0.8 mi |
C 1820 Orchard Sold | $353,000 | 2 | 1 | 965 | $366 | 0.8 mi |
D 204 W 25th Street Active | $380,000 List Price | 3 | 2 | 1,100 | $345 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1925, the property has been fully remodeled and extensively updated with new electrical and plumbing systems. The interior features modern LVP flooring, fresh paint, and updated fixtures, qualifying it as a turnkey renovation in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 924.
The property features a fully remodeled main home and a separate ADU, currently generating a combined $2,750 in monthly rental income with flexibility for future rent increases or owner-occupancy.
Extensive updates including new electrical and plumbing systems provide significant peace of mind and reduce the likelihood of near-term capital expenditures for a new owner.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-08-11. The sold price is $374,500.00.
At only 924 total square feet for a 3-bedroom, 2-bathroom configuration across two units, the living spaces are exceptionally compact, which may limit appeal for larger households.
Turnkey investment opportunity in an established Merced neighborhood featuring a fully remodeled 2-bedroom, 1-bath main home and a separate 1-bedroom, 1-bathroom ADU on a generous 7,500-square-foot lot. Currently generating $2,750 per month in rental income, with the main home leased at $1,550 per month and the ADU leased at $1,200 per month. Both units have been extensively updated, including new electrical and plumbing, providing peace of mind for years to come. Each unit is separately metered, and tenants currently pay all utilities and property maintenance, helping keep ownership expenses low. Current leases expire in early August, offering flexibility for investors seeking rental income, the opportunity to adjust rents, or potential owner-occupancy options. With strong in-place cash flow, major system upgrades already completed, and a desirable location within an established neighborhood, this property presents an excellent opportunity for both seasoned and first-time investor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 924 | 1,721.5 |
| Lot Size | 7,500 | 7,120 |
| Price | $379.0K | $407.4K |
| Price per sq ft | $410 | $253 |
| Built year | 1925 | 2002 |
| HOA | $0 | $108 |
| Days on market | 49 | 62 |
Jul 10, 2026
$379,000
$389,000
-3% Price Drop
Initial Listing
Jun 3, 2026
$389,000
Initial Listing
Aug 11, 2025
$374,500
Public Record
Aug 20, 2010
$57,500
Public Record
Mar 28, 2005
$220,000
Public Record
Dec 10, 2004
$180,000
Public Record