2481 Pineda Dr, Merced, California 95340, Merced, 95340 - 6 bed, 3 bath
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Merced, California 95340
This 6-bedroom student housing asset is a High-Potential Investment Opportunity, listed at $529,888—positioned well below the $532,631 Fair Market Value by 0.5%. Built in 2021, the property maintains a Mint Condition Rating, featuring a modern open-concept layout and energy-efficient upgrades. With its proximity to UC Merced and current rental income of $3,000/month, this turnkey residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, rental-ready property in a high-demand student market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2481 Pineda Dr Subject | $529,888* List Price | 6 | 3 | 2,621 | $203 | - |
A 2415 Explorador Sold | $490,000 | 5 | 3 | 2,502 | $196 | 0.3 mi |
B 2367 Explorador Sold | $460,000 | 4 | 3 | 2,111 | $218 | 0.4 mi |
C 2378 Aviles Drive Sold | $565,000 | 5 | 4 | 3,167 | $178 | 0.3 mi |
D 3507 Creekview Court Sold | $472,000 | 4 | 2 | 1,830 | $258 | 0.6 mi |
E 2429 Explorador Active | $526,900 List Price | 6 | 3 | 2,621 | $201 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. It features a modern kitchen with upgraded appliances, energy-efficient windows, and contemporary systems, requiring no maintenance.
With 6 furnished bedrooms and proximity to UC Merced, the property offers a significant rental income potential of up to $4,700 per month in a high-demand student housing market.
Built in 2021, this home features contemporary finishes, energy-efficient upgrades, and comes fully furnished, minimizing immediate capital expenditures for a new owner.
Ideally situated near UC Merced and Merced College with easy access to public transit and biking paths, ensuring consistent occupancy and desirability for student tenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The large 2,621 sq. ft. residence occupies a significant portion of the 5,255 sq. ft. lot, resulting in a relatively small backyard for a property designed to house up to seven occupants.
The property includes leased solar panels, which requires the buyer to assume a recurring monthly financial commitment and specific contractual terms.
Built in 2021, this spacious 2,621 sq. ft. residence offers modern luxury, comfort, and strong investment potential. Featuring 6 fully furnished bedrooms and 3 bathrooms, this home is ideal as a primary residence or as a high-performing student renting investment. It allows each tenant to enjoy a private room while affordably sharing common areas. The open-concept floor plan flows seamlessly into a modern kitchen with upgraded appliances, generous living spaces, and energy-efficient windows that fill the home with abundant natural light. Situated on a 5,255 sq. ft. The property blends style, functionality, and convenience. All rooms are fully furnished and rental-ready. Cozy backyard for entertaining with leased solar. The home can comfortably accommodate up to 7 students from UC Merced and Merced College, generating approximately $4,700 per month in rental income. Currently, 4 students occupy the property, producing $3,000 per month. Ideally located near both UC Merced and Merced College, the property offers excellent accessibility. A nearby bus stop serves the college, and students can also bike to campus. A prime opportunity for investors seeking strong, consistent rental income in a high-demand student housing market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,621 | 1,721.5 |
| Lot Size | 5,255 | 7,120 |
| Price | $529.9K | $407.4K |
| Price per sq ft | $202 | $253 |
| Built year | 2021 | 2002 |
| HOA | $103.0 | $108 |
| Days on market | 1 | 62 |
Jul 21, 2026
$529,888
Initial Listing
Dec 16, 2024
$530,000
Public Record
Jan 29, 2021
$354,000
Public Record