2481 Pineda Dr, Merced, California 95340, Merced, 95340 - 6 bed, 3 bath
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Merced, California 95340
This Modern High-Yield Residential Asset is listed at $540,000—positioned below the $548,865 Fair Market Value by 1%. This valuation offers $8,865 in Instant Equity. Built in 2021, the property maintains a Mint Condition Rating and features 6 fully furnished bedrooms optimized for the UC Merced student market, generating up to $4,700 monthly. Located within the Merced Union High School District with leased solar and upgraded appliances, it balances low maintenance with high cash-flow potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2481 Pineda Dr Subject | $540,000* List Price | 6 | 3 | 2,621 | $209 | - |
A 2409 Explorador Dr Sold | $500,000 | 6 | 3 | 2,621 | $191 | 0.3 mi |
B 2378 Aviles Drive Sold | $565,000 | 5 | 4 | 3,167 | $178 | 0.3 mi |
C 2367 Explorador Active | $479,000 List Price | 4 | 3 | 2,111 | $227 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is only 5 years old and in mint condition. It features a modern kitchen with upgraded appliances, energy-efficient windows, and contemporary systems including leased solar, requiring no immediate maintenance.
With 6 fully furnished bedrooms and proximity to UC Merced, the property is a turnkey rental generating up to $4,700 monthly, catering to the high-demand student housing market.
As a newer build, the home features contemporary aesthetics, an open-concept floor plan, energy-efficient windows, and updated appliances that minimize immediate maintenance needs.
Ideally situated near major educational institutions with easy access to public transportation and bike paths, ensuring consistent occupancy and convenience 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 5,255 sq. ft. lot is relatively small for a 2,621 sq. ft. home, resulting in limited outdoor space for a residence designed to accommodate up to seven occupants.
The property comes with leased solar panels, which requires the buyer to assume ongoing lease payments and may complicate the financing or resale process.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 2,621 | 1,551 | 89% |
| Lot Size | 5,255 | 7,500 | 5% |
| Price | $540.0K | $385.0K | 87% |
| Price per sq ft | $206 | $250 | 12% |
| Built year | 2021 | 1967 | 97% |
| HOA | $103.0 | $0 | 97% |
| Days on market | 30 | 140 | 2% |
May 7, 2026
$540,000
Initial Listing
Dec 16, 2024
$530,000
Public Record
Jan 29, 2021
$354,000
Public Record