
Merced, California 95340
This Handyman Special is a strategic Value-Add Asset in an Established Merced Neighborhood. Listed at $315,000, the property is sold As-Is with a Condition Rating of 5, requiring a comprehensive renovation budget for modernization. The Functional 3-Bedroom, 2-Bathroom Layout and 6,221 sqft Lot featuring a Neighborhood View and Private Patio offer significant potential for forced appreciation. With comparable area sales reaching $350,000, this is a prime acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on the local resale market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2720 Glen Avenue Subject | $305,000* List Price | 3 | 2 | 1,195 | $254 | - |
A 2733 10th Avenue Sold | $322,000 | 3 | 2 | 1,188 | $271 | 0.1 mi |
B 2319 Wood Sold | $275,000 | 3 | 1 | 910 | $302 | 0.4 mi |
C 200 E 27th Sold | $320,000 | 2 | 1 | 1,124 | $285 | 0.5 mi |
D 1550 Primrose Avenue Sold | $355,000 | 3 | 2 | 1,444 | $246 | 0.4 mi |
E 2771 Saratoga Avenue Sold | $349,000 | 3 | 2 | 1,551 | $225 | 0.7 mi |
F 3125 El Capitan Active | $335,000 List Price | 3 | 2 | 1,327 | $252 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Marketed explicitly as a 'handyman special' and sold 'as-is,' this 1961 property requires significant rehabilitation. The interior features outdated kitchen cabinetry, aged bathroom fixtures, and overall wear that necessitates a substantial budget for modernization and potential system repairs.
Marketed as a 'handyman special,' this property offers a prime opportunity for investors or flippers to add significant value through strategic renovations and modernization.
The 3-bedroom, 2-bathroom configuration is a highly marketable and practical layout that appeals to a wide range of buyers, from small families to rental investors.
Built in 1961 and located in a mature residential area of Merced, the property benefits from a stable community environment and a generous 6,221 sqft lot.
The property is being sold in its current state with no repairs by the seller, necessitating a thorough inspection and a significant budget for immediate improvements.
A recent price increase from $280,000 to $315,000 may impact the initial return on investment for buyers seeking a deep-discount fixer-upper in this market.
Sold AS-IS. BUYER TO VERIFY ANY/ALL INFORMATION
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,195 | 1,721.5 |
| Lot Size | 6,221 | 7,120 |
| Price | $305.0K | $407.4K |
| Price per sq ft | $255 | $253 |
| Built year | 1961 | 2002 |
| HOA | $0 | $108 |
| Days on market | 307 | 62 |
May 21, 2026
$305,000
$315,000
-3% Price Drop
Initial Listing
Mar 3, 2026
$315,000
$280,000
+13% Price Increase
Initial Listing
Sep 18, 2025
$280,000
Initial Listing