2432 Meadowbrook, Merced, California 95348, Merced, 95348 - 2 bed, 1 bath
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Merced, California 95348
This Value-Add Residential Asset is listed at $265,000, positioned near its $243,780 Fair Market Value. Currently holding a Poor Condition Rating, this property is a prime candidate for forced appreciation via its expansive 10,098 Sq Ft Lot and ADU Development Potential. The existing structure requires a comprehensive rehab to address deferred maintenance and unpermitted conversions, yet offers pleasant Neighborhood Views. Located within the Merced Union High School District, this high-utilization site is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to maximize ROI through strategic development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2432 Meadowbrook Subject | $260,000* List Price | 2 | 1 | 753 | $319 | - |
A 2330 Meadowbrook Active Under Contract | $299,900 List Price | 3 | 1 | 796 | $377 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 (68 years old) with no evidence of recent renovation, this property is explicitly marketed as a 'fixer-upper.' Interior images show severe neglect, including exposed electrical wiring in closets, missing or damaged flooring, and weathered exterior siding. The cooling systems are outdated or non-functional, and the unpermitted carport enclosure presents potential structural and compliance issues, necessitating a full-scale rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10098, living area = 753.
The oversized 10,098 sq ft lot offers significant potential for the construction of an Accessory Dwelling Unit (ADU) or a substantial home expansion, maximizing the property's future value.
As a designated fixer-upper priced at an accessible entry point, this property presents a prime opportunity for investors or flippers to build equity through strategic renovations.
The property requires extensive 'TLC' and repairs, including potentially non-functional cooling systems and general updates, necessitating a substantial post-purchase budget.
The unverified permit status of the carport conversion may pose challenges for traditional financing and could require costly retroactive approvals from the city.
Great opportunity to purchase a Fixer-Upper with possible ADU useage. Buyer to investigate for themselve, but may be able to build an Additional Dwelling Unit on spacious 10,000 sq ft lot!. Public Records indicate 753 sq ft, this does not include carport that at one time was enclosed making for a 3rd bedroom, no knowledge if carport was permitted or not, 2 swap coolers, one may not be working. Window unit. Very modest home, needs of TLC , home is on Franklin water dist, believe MID is electric and PG & E is gas, California American Fresh water, Waste management for trash. Buyers to look into these matters and satisfy themselves.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 1% |
| Baths | 1.0 | 2.0 | 2% |
| Square foot | 753 | 1,697.5 | 1% |
| Lot Size | 10,098 | 6,043 | 93% |
| Price | $260.0K | $421.4K | 2% |
| Price per sq ft | $345 | $251 | 99% |
| Built year | 1956 | 2013 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 169 | 2% |
May 19, 2026
$260,000
$265,000
-2% Price Drop
Initial Listing
May 4, 2026
$265,000
Initial Listing