242 W 28th St, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
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242 W 28th St
Merced, California 95340
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
530Sq Ft
7,500Lot Size
Property Price
LIST PRICE$115,000
SUMMARY
Analysis of 242 W 28th St, Merced, California 95340 is currently available with a list price of $115,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1927 with no evidence of renovation, this property is nearly 100 years old and in a state of severe decay. The interior features missing flooring and peeling walls, while the exterior shows boarded windows and dilapidated outbuildings, rendering it unlivable and primarily valuable for the land.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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 = 530.
- Prime Connectivity & Location
The property is ideally situated near popular parks and dining, with quick access to both the 140 and 99 freeways, ensuring high appeal for commuters and future tenants.
- Significant Value-Add Potential
Priced competitively at $115,000, this 'investor special' offers substantial upside for buyers looking to renovate, reposition, or capitalize on the property's appreciation.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Marketed specifically for investors, the property likely requires significant capital expenditure to address deferred maintenance and modernize the original 1927 structure.
- Minimal Living Area
With only 530 square feet of living space for a two-bedroom layout, the interior footprint is exceptionally small, which may limit its appeal to traditional owner-occupant buyers.
About 242 W 28th St
Calling all investors! Here’s the perfect opportunity to expand your portfolio with a property offering strong potential in a highly desirable location. Situated near a popular park and surrounded by well known dining options, this home provides convenience and lifestyle appeal that future tenants or buyers will love. Enjoy quick access to both the 140 and 99 freeways, making commuting and connectivity a major advantage. This is an investor special with plenty of upside for those looking to renovate, reposition, or hold. Opportunities like this don’t come often, don’t miss out.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.3 |
| Baths | 1.0 | 2.0 |
| Square foot | 530 | 1,694.749 |
| Lot Size | 7,500 | 6,619.141 |
| Price | $115.0K | $413.1K |
| Price per sq ft | $217 | $254 |
| Built year | 1927 | 2002 |
| HOA | $0 | $108 |
| Days on market | 6 | 66 |
Pricing History
Listed for Sale
Sep 3, 2026
$115,000
Initial Listing