
Merced, California 95341
Analysis of 3411 Baker, Merced, California 95341 is currently available with a list price of $1,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1942, these structures are over 80 years old. The listing explicitly identifies this as a 'value-add' opportunity with vacant units needing renovation and repositioning, suggesting the need for significant 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 = 100188, living area = 5000.
Situated on nearly 2.5 acres, the property offers a rare opportunity to subdivide the lot, allowing for individual unit sales or further residential development.
With three units currently vacant, an investor can immediately renovate and reposition these spaces to capture current market rents and maximize cash flow.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5000, other record living area = 829.
Built in 1942, the aging structures may require significant capital expenditures for modernizing systems such as plumbing, electrical, and roofing.
The current list price of $1.25M is a substantial markup from the recent $420,000 sale price in 2024, which may pose appraisal challenges for conventional financing.
Rare multi-family investment opportunity with seller-provided plans available to subdivide each property (Message listing agent for plans), allowing each home to be individually owned and sold — a valuable opportunity that will transfer to the new owner. Situated on just shy of 2.5 acres, this property features six separate units, each with its own address and separately metered utilities, including one 4-bedroom, 1-bath unit, three 3-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Offering a unique blend of immediate income and future upside, three units are currently occupied by long-term month-to-month tenants, while the remaining three vacant units provide the flexibility to renovate, reposition, or lease at current market rents. This is an opportunity that opens the door to multiple investment strategies — whether that’s creating long-term rental cash flow, executing a value-add resale plan, or building out a diversified portfolio with exit flexibility already in place. Properties with this level of versatility, land size, and future potential are rarely available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 5,000 | 1,524 | 99% |
| Lot Size | 100,188 | 5,000 | 96% |
| Price | $1.25M | $399.5K | 99% |
| Price per sq ft | $250 | $253 | 45% |
| Built year | 1942 | 2025 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 155 | 2% |
May 7, 2026
$1,250,000
Initial Listing
Jul 23, 2024
$420,000
Public Record