2660 5th Avenue, Merced, California 95340, Merced, 95340 - 2 bed, 2 bath
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2660 5th Avenue
Merced, California 95340
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,672Sq Ft
7,000Lot Size
Property Price
LIST PRICE$379,000
EST. MARKET VALUE
$366,829
3% AboveMARKET VALUE
SUMMARY
This Multi-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $379,000—positioned well below the $366,829 Fair Market Value by -3%. While the property requires modernization, the inclusion of a 415 sq. ft. Guest House provides immediate rental income potential or multi-generational utility. Featuring Natural Red Oak Flooring and a Condition Rating of 4, the home offers a solid foundation for value-add renovations. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the guest unit for mortgage subsidization.
Estimated Market Value
$366,829
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2660 5th Avenue Subject 2 bd · 2 ba · 1,672 sqft · $219 | $379,000* List Price | 2 | 2 | 1,672 | $219 | - |
A 8 W 25th Street Sold 2 bd · 1 ba · 1,090 sqft · $260 · 0.3 mi | $283,000 | 2 | 1 | 1,090 | $260 | 0.3 mi |
B 2669 6th Sold 3 bd · 3 ba · 1,674 sqft · $240 · 0.0 mi | $401,000 | 3 | 3 | 1,674 | $240 | 0.0 mi |
C 2979 Wainwright Sold 3 bd · 2 ba · 1,538 sqft · $242 · 0.5 mi | $372,000 | 3 | 2 | 1,538 | $242 | 0.5 mi |
D 1417 E 20th Sold 3 bd · 2 ba · 1,375 sqft · $247 · 0.9 mi | $340,000 | 3 | 2 | 1,375 | $247 | 0.9 mi |
E 1445 Cameron Lane Sold 3 bd · 2 ba · 1,517 sqft · $247 · 0.6 mi | $375,000 | 3 | 2 | 1,517 | $247 | 0.6 mi |
F 148 E 23rd Sold 3 bd · 2 ba · 1,636 sqft · $227 · 0.3 mi | $372,000 | 3 | 2 | 1,636 | $227 | 0.3 mi |
G 385 Emerald Sold 3 bd · 2 ba · 1,706 sqft · $226 · 0.7 mi | $385,000 | 3 | 2 | 1,706 | $226 | 0.7 mi |
H 59 W 27th Pending 3 bd · 2 ba · 1,896 sqft · $198 · 0.3 mi | $375,000 List Price | 3 | 2 | 1,896 | $198 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is over 75 years old with interior renovations (kitchen and bathrooms) that appear to be 25-30 years old. While the home features well-maintained original hardwood floors and updated solar panels, the oak cabinetry, tile countertops, and bathroom fixtures are dated and will require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Additional Living Unit
The property features a 415 sq. ft. guest house complete with its own kitchen, living room, and bathroom, offering excellent potential for rental income or multi-generational living.
- Historic Character
Boasting natural red oak flooring and timeless architectural details from the 1940s, the home provides a unique charm and aesthetic appeal that is highly sought after.
- Prime Location
Situated in the desirable Ragsdale neighborhood, the property benefits from a well-established and prestigious residential setting within the Merced community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
- Property Age
Originally constructed in 1940, the home may require significant updates to major systems such as plumbing, electrical, and insulation to meet modern efficiency standards.
- Limited Bedroom Count
Despite a generous 1,672 sq. ft. footprint, the main residence only offers two bedrooms, which may limit its appeal to larger families or buyers requiring more private living spaces.
About 2660 5th Avenue
Discover this charming 2-bedroom, 2-bathroom home in the desirable Ragsdale neighborhood! Built in 1948, the main residence offers approximately 1,672 sq. ft. of living space, featuring beautiful natural red oak flooring, a spacious family room, and timeless character. The property also includes an approximately 415 sq. ft. guest house with its own living room, kitchen, bedroom, and bathroom. A wonderful opportunity offering versatility, charm, and plenty of potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,672 | 1,698.064 |
| Lot Size | 7,000 | 6,572.897 |
| Price | $379.0K | $415.4K |
| Price per sq ft | $227 | $253 |
| Built year | 1940 | 2002 |
| HOA | $0 | $108 |
| Days on market | 3 | 68 |
Pricing History
Listed for Sale
Oct 22, 2026
$379,000
Initial Listing
Price Change
Oct 21, 2026
$400,000
Initial Listing
Sold
Jan 19, 2005
$291,000
Public Record
Sold
Jun 14, 2000
$132,500
Public Record