3058 El Capitan, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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Merced, California 95340
This Value-Add Residential Asset is listed at $405,000, with a $243,863 Fair Market Value. While the property holds a Condition Rating of 5 requiring a full interior rehab to modernize its 1970s-era finishes, its value is anchored by the expansive 11,040 Sq Ft Lot. Featuring an in-ground Gunite pool, the site offers a premium foundation for forced appreciation through strategic renovation. With area comparables closing up to $395,000, this is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to revitalize a high-potential asset in the Merced Union High School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3058 El Capitan Subject | $395,000* List Price | 3 | 2 | 1,686 | $153 | - |
A 425 Bear Creek Sold | $385,000 | 3 | 2 | 1,878 | $205 | 0.6 mi |
B 280 E Olive Sold | $282,000 | 3 | 2 | 1,338 | $211 | 0.1 mi |
C 562 Sunset Sold | $377,000 | 4 | 2 | 1,615 | $233 | 0.7 mi |
D 3110 Vickie Court Sold | $395,000 | 3 | 2 | 1,862 | $212 | 0.9 mi |
E 891 Hansen Avenue Active | $339,000 List Price | 3 | 1 | 1,795 | $189 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 and maintained by the original owner, the home is over 50 years old with no evidence of major renovations. The kitchen and bathrooms are extremely dated, featuring original tile, oak cabinetry, and 1970s-era pink fixtures. With popcorn ceilings, wood paneling, and aged carpeting throughout, the property requires a comprehensive rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11040, living area = 1686.
The expansive 11,040 sqft lot features an in-ground Gunite pool, covered patio, and mature fruit trees, providing a premium space for outdoor living and recreation.
Held by the original owner since 1970, this well-maintained residence reflects a high level of care and long-term stability rarely found in the market.
The 1970s-era features, such as tile countertops and wall ovens, may require cosmetic modernization to meet the aesthetic preferences of contemporary buyers.
Due to the home's age and original ownership status, major systems and components may be nearing the end of their functional lifespan, necessitating future capital improvements.
Welcome to 3058 El Capitan Ave in Merced—an original-owner home proudly held by the same family since it was built in 1970. This well-maintained residence offers a functional and inviting layout, featuring a separate living room and a cozy step-down family room with a classic wood-burning fireplace—perfect for relaxing or gathering with friends and family. The kitchen is equipped with tile countertops, a gas cooktop, wall oven, microwave hood, and dishwasher, along with a nicely sized interior laundry room for added convenience and with lots of cabinet storage. The garage also provides ample storage space, and the long, concreted driveway offers plenty of additional parking. Step outside to a backyard designed for entertaining and enjoying the Central Valley lifestyle. You’ll find a covered patio, an in-ground Gunite pool ideal for summer fun with a solar pool heater, a storage shed, mature fruit trees, and plenty of space for gardening or outdoor activities. Conveniently located near shopping, dining, and Merced High School, this home combines comfort, character, and a prime location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,686 | 1,578 | 59% |
| Lot Size | 11,040 | 7,500 | 81% |
| Price | $395.0K | $385.0K | 53% |
| Price per sq ft | $234 | $249 | 39% |
| Built year | 1970 | 1968 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 137 | 3% |
May 21, 2026
$395,000
$405,000
-2% Price Drop
Initial Listing
Apr 29, 2026
$405,000
Initial Listing