
Merced, California 95348
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $347,116 Fair Market Value (Note: Market adjustment reflects current competitive pricing). While the home carries a Condition Rating of 5, it serves as a blank canvas for value-add renovations. Located within walking distance of Rudolph Rivera Elementary and Middle Schools, the property offers significant appeal for families. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to build equity through modernization in a high-demand school zone.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3362 San Jacinto Ct Subject | $350,000* List Price | 3 | 2 | 1,635 | $212 | - |
A 447 Gail Court Sold | $320,000 | 3 | 2 | 1,598 | $200 | 0.7 mi |
B 333 St Lawrence Sold | $399,000 | 3 | 2 | 1,521 | $262 | 0.9 mi |
C 3440 La Jolla Drive Sold | $344,000 | 3 | 2 | 1,328 | $259 | 0.3 mi |
D 19 Sun Valley Court Sold | $380,000 | 3 | 2 | 1,577 | $241 | 0.8 mi |
E 852 San Pablo Ave Sold | $363,000 | 3 | 2 | 1,901 | $191 | 0.3 mi |
F 3500 Paseo Verde Avenue Sold | $450,000 | 3 | 2 | 2,001 | $225 | 0.3 mi |
G 3406 Lago Court Sold | $442,000 | 4 | 3 | 2,066 | $214 | 0.5 mi |
H 3553 Beals Active | $399,950 List Price | 3 | 2 | 1,589 | $252 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 (44 years old) and explicitly described as being in original condition with no recent upgrades. The listing identifies the property as a 'blank canvas for renovation' and 'ideal for investors,' indicating that the kitchen, bathrooms, and major systems are likely at the end of their functional life and require a full rehab.
Offered in original condition, this property serves as a blank canvas for investors or owner-occupants to build significant sweat equity through modernization and renovation.
The home is exceptionally well-located for families, situated within walking distance (approximately 0.1 miles) of both Rudolph Rivera Elementary and Middle Schools.
The absence of a Homeowners Association allows for greater freedom in property customization and eliminates the burden of monthly association dues.
The sale is subject to lender approval, which typically involves a more prolonged and uncertain closing process compared to standard residential transactions.
With no recent upgrades since its 1980 construction, the property will require immediate and potentially substantial capital investment for repairs and aesthetic updates.
Opportunity awaits for buyers seeking value and upside. This property is being sold in original condition with no recent upgrades, offering a blank canvas for renovation or customization. Spacious layout with functional floor plan and solid bones. Ideal for investors, contractors, or owner-occupants looking to build equity through improvements. No HOA. Convenient location near schools, shopping, dining, and commuter access. Sale subject to lender approval.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 1.3 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,635 | 1,694.749 |
| Lot Size | 6,356 | 6,619.141 |
| Price | $350.0K | $413.1K |
| Price per sq ft | $214 | $254 |
| Built year | 1980 | 2002 |
| HOA | $0 | $108 |
| Days on market | 23 | 66 |
Aug 17, 2026
$350,000
Initial Listing
Apr 20, 2001
$123,000
Public Record